Rupiah Gyrations to Keep Foreign Bond Bulls at Bay

Foreign buyers are likely to steer clear of Indonesian bonds until the rupiah’s gyrations start to die down. That’s despite the value in the long end of the curve. International funds fled for the door in the first quarter, with a record $8.7 billion in net foreign outflows, according to exchange data compiled by Bloomberg. […]

Bank of Israel Adds Stimulus With First Bond Buying Since 2009

We’re tracking the latest on the coronavirus outbreak and the global response. Sign up here for our daily newsletter on what you need to know. The Bank of Israel will begin purchasing government bonds for the first time in over a decade in a bid to smooth volatility and boost liquidity, the latest emergency step […]

Bond Markets on Red Alert for Policy Action After Historic Week

Bond investors will be on high alert for more action from policy makers next week, after emergency rate cuts and promises of cash following some of the most turbulent market moves in history. The European Central Bank, Bank of England and Norges Bank have all pledged to do more to bolster confidence after the rapid […]

$50 Trillion in Question as U.S. Treasury Liquidity Dries Up

Coronavirus-induced market mayhem has pushed so much liquidity out of U.S. Treasuries that the true value of more than $50 trillion in assets around the globe is in doubt. Yields in the world’s largest debt market have been on a mind-bending, three-week roller-coaster ride. At one point, the entire U.S. yield curve was below 1% […]

Bond Market’s Bulls, Bears Both Face Reckoning With 2020 Calls

In the world’s biggest bond market, bulls and bears alike have reached a critical juncture with their 2020 forecasts. Concern over the economic hit from the coronavirus outbreak is pushing 10-year Treasury yields toward record lows once again. The market move poses a dilemma for Wall Street strategists. Those who saw lower yields in 2020 […]

The Bond Rally in Emerging Markets May Not Be All That It Seems

Want the lowdown on European markets? In your inbox before the open, every day. Sign up here. Emerging-market bonds are on fire but there there’s a worrying subtext to the rally. While the dollar-denominated debt of developing nations advanced for an 11th week in the five days through Friday, the longest winning streak in eight […]