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(Bloomberg) -- Cathie Wood, the founder of Ark Investment Management, said any decision by Federal Reserve to raise interest rates as the yield curve inverts would be a mistake. U.S. government bond yields reached new levels of inversion Friday after a solid jobs report bolstered bets that the central bank will increase the size of its next rate hike. [Extracted from the article]

(Bloomberg) -- The pound's popularity in cross-border payments tumbled to its lowest level in more than a decade as the U.K. navigates the post-Brexit landscape, while the euro edged out the dollar for the top spot last month. It releases the data in its monthly RMB Tracker on the renminbi's progress toward becoming an international currency (Adds updated chart) ©2021 Bloomberg L.P. [Extracted from the article]

It releases the data in its monthly RMB Tracker on the renminbi's progress toward becoming an international currency ©2021 Bloomberg L.P. (Bloomberg) -- The pound's popularity in cross-border payments tumbled to its lowest level in more than a decade as the U.K. navigates the post-Brexit landscape, while the euro edged out the dollar for the top spot last month. [Extracted from the article]

(Bloomberg) -- The dollar's rapid comeback on Thursday is derailing bearish bets as a surge in Treasury yields fuels conviction on more gains for the greenback. Instead of sapping demand for the currency, the stimulus-fueled explosion in the U.S. budget deficit is actually helping the greenback because it's driven up bond yields relative to other nations. [Extracted from the article]

(Bloomberg) -- The dollar's rapid comeback on Thursday is derailing bearish bets as a surge in Treasury yields fuels conviction on more gains for the greenback. Instead of sapping demand for the currency, the stimulus-fueled explosion in the U.S. budget deficit is actually helping the greenback because it's driven up bond yields relative to other nations. [Extracted from the article]

Meanwhile, yen-based investors who typically measure the 10-year Treasury versus 30-year Japanese government bonds, will get a yield pick-up of 47 basis points on that trade, according to Kumar, a former trader. "With the Bank of Japan still committed to yield-curve control and the European economic outlook not justifying higher yields, foreign investors are very likely to take advantage of this opportunity", AXA's Iggo said. [Extracted from the article]

Meanwhile, yen-based investors who typically measure the 10-year Treasury versus 30-year Japanese government bonds, will get a yield pick-up of 47 basis points on that trade, according to Kumar, a former trader. A Japanese investor looking to hedge Treasury exposure would borrow in yen, paying the three-month local Japanese Libor (currently minus 0.082%), and convert the yen to U.S. dollars in order to buy U.S. Treasuries. [Extracted from the article]

(Bloomberg) -- Stephen Jen, known in investing circles for his "dollar smile" approach to evaluating the greenback, has stepped up his bet on the Chinese currency that's trying to unseat its U.S. rival in global finance. Jen's London-based asset manager Eurizon SLJ Capital on Tuesday announced a new bond fund focused on yuan-denominated assets, while another product will buy local-currency debt from emerging-market nations. [Extracted from the article]

His London-based asset manager, Eurizon SLJ Capital, and Italian Intesa Sanpaolo Group on Tuesday announced a new bond fund focused on renminbi-denominated assets. If we look around the world, all yields have collapsed, making the 3.0-3.5% annual return on sovereign debt in China that much more interesting.". [Extracted from the article]

The launch comes at a time when yield-seeking investors turn their attention to China's outperforming economy. If we look around the world, all yields have collapsed, making the 3.0-3.5% annual return on sovereign debt in China that much more interesting.". [Extracted from the article]

The Chinese renminbi's accelerating transformation from a sleepy backwater of the foreign-exchange market into a currency fit to rival global peers has traders setting aside concerns about how much further it can go without reform and buying into its ascent. While that's partly a function of fluctuations for those major currencies dropping in the face of unprecedented central-bank action, yuan volatility is drawing in hedge funds and other fast-money investors looking to make a profit. [Extracted from the article]

(Bloomberg) -- The Chinese renminbi's accelerating transformation from a sleepy backwater of the foreign-exchange market into a currency fit to rival global peers has traders setting aside concerns about how much further it can go without reform and buying into its ascent. While the offshore yuan is theoretically freely tradeable -- meaning its price can fluctuate along with demand, economic data and geopolitical developments -- it usually sticks fairly close to the onshore unit, abbreviated as CNY. [Extracted from the article]

(Bloomberg) -- The Chinese renminbi's accelerating transformation from a sleepy backwater of the foreign-exchange market into a currency fit to rival global peers has traders setting aside concerns about how much further it can go without reform and buying into its ascent. While that's partly a function of fluctuations for those major currencies dropping in the face of unprecedented central-bank action, yuan volatility is drawing in hedge funds and other fast-money investors looking to make a profit. [Extracted from the article]

(Bloomberg) -- Bonds aren't quite the hedge against equity losses that they used to be, and that could have more and more investors looking for answers in the foreign-exchange market. "As government bond yields approach zero, their sensitivity to volatility events declines, reducing their efficacy as a hedge", JPMorgan Chase & Co. strategist Meera Chandan wrote in a report Tuesday. [Extracted from the article]

(Bloomberg) -- Bonds aren't quite the hedge against equity losses that they used to be, and that could have more and more investors looking for answers in the foreign-exchange market. "As government bond yields approach zero, their sensitivity to volatility events declines, reducing their efficacy as a hedge", JPMorgan Chase & Co. strategist Meera Chandan wrote in a report Tuesday. [Extracted from the article]

Here's the sobering answer: An investor would have done just as well avoiding all the risk and volatility of equities and buying an index of plain vanilla, guaranteed government bonds. A mix of Canadian federal, municipal and provincial government debt returned 94% in the decade following the great financial crisis, as central banks around the world primed the economic pump with lower interest rates. Yield-hungry investors pushed returns on Canadian corporate bonds in 2019 to the best performance in over a decade, but they've lagged their global peers. [Extracted from the article]

Here's the sobering answer: An investor would have done just as well avoiding all the risk and volatility of equities and buying an index of plain vanilla, guaranteed government bonds. A mix of Canadian federal, municipal and provincial government debt returned 94% in the decade following the great financial crisis, as central banks around the world primed the economic pump with lower interest rates. Yield-hungry investors pushed returns on Canadian corporate bonds in 2019 to the best performance in over a decade, but they've lagged their global peers. [Extracted from the article]

The article reports that according to Paresh Upadhyaya, Amundi Pioneer Asset Management, decline in Intercontinental Exchange U.S. Dollar Index due to fall in American short-term interest rates closer to yields. Topics discussed include decrease in Treasury yields while increase in derivatives markets as of June 2019, views of Upadhyaya, on easing of interest rates by global central banks, and demand for the reserve currency from uncertainty about global economic growth.

The article discusses the impact of the election of Donald Trump as President of the United States on the bond market with particular attention paid to government bonds. The author argues that Trump's possible policies towards infrastructure spending and towards taxation could result in an increase in the yield of bonds but a decrease in the value of these bonds.

(Bloomberg Businessweek) -- Trump Is Making Bond Markets Nervous Yields of 2.2 percent are still very low by historical standards, so the bond market is far from assuming either scorching growth or raging inflation with Trump in the White House. [Extracted from the article]

Republican seen ramping up spending, sparking inflation gains Attribution Michael Aneiro: editor Eliza Ronalds-Hannon: by reporter Susanne Barton: by reporter Boris Korby: editor responsible Brian Chappatta: assist. [Extracted from the article]

The yen fluctuated after reaching a one-week low as Morgan Stanley says the Bank of Japan is likely to dive further into negative-interest-rate policy at a meeting next week. Some BOJ officials still favor increasing government-bond purchases if the board decides it needs to expand stimulus, according to people familiar with the discussions. [Extracted from the article]

Goldman Sachs Group Inc. is holding fast to its bullish-dollar call, undeterred by plunging expectations for a Federal Reserve interest-rate increase. If the Fed hikes rates once this year and twice in 2017, the dollar will strengthen, said Alan Ruskin, global co-head of foreign-exchange research in New York at Deutsche Bank AG, in an interview with Bloomberg Television. [Extracted from the article]

After a $96 billion increase in the deficit this fiscal year, the U.S. will go deeper and deeper into the red to pay for Social Security and Medicare, projections from the Congressional Budget Office show. Since the Fed ended quantitative easing in 2014, the central bank has maintained its holdings by reinvesting the money from maturing debt into Treasuries. [Extracted from the article]

Scott Minerd, chief investment officer for Guggenheim Partners, sees yields on the benchmark securities plunging to 1 percent by the end of the year, dragged down by record low borrowing costs around the world. "We don't really know the depth of Brexit", said Schilling, president and founder of Springfield, New Jersey-based research firm A. Gary Shilling & Co. "As low as Treasury yields are, they're still higher than most comparable developed countries". Even with U.S. 10-year yields close the record low 1.379 percent reached in July 2012, the securities still pay more than 17 of 25 developed nations tracked by Bloomberg. [Extracted from the article]

Treasury Futures Fall After "Remain" Leads in YouGov Brexit Poll "The markets were well ahead of the polls in terms of getting to a conclusion", said Aaron Kohli, a fixed-income strategist in New York for BMO Capital Markets, one of 23 primary dealers that trade with the Federal Reserve. Attribution Michael Aneiro: editor Eliza Ronalds-Hannon: by reporter Liz Capo McCormick: assist Susanne Walker Barton: by reporter Boris Korby: editor responsible Mark Tannenbaum: editor. [Extracted from the article]

Suspension of Brexit campaigns dims flight-to-quality demand Benchmark Treasury yields rose from the lowest level since 2012 as the suspension of campaigning over whether Britain should remain in the European Union reduced demand for the safest fixed-income assets. [Extracted from the article]

Relatively higher yields in U.S. boost global demand Compared with three months ago, fewer Fed officials expect the central bank to raise rates more than once this year, based on projections the central bank issued. [Extracted from the article]

Most Expensive Bond Market in History Has Come Unhinged. Lackluster global growth, negative interest rates and extraordinary buying from central banks have all kept government debt in demand, even as yields on more than $8 trillion of the bonds dip below zero. With almost all the negative-yield debt concentrated in the euro area and Japan, investors are pouring into Treasuries, which offer some of the highest yields in the industrialized world. [Extracted from the article]

Saudi Arabia's holdings of U.S. government debt are close to record highs, according to data the Treasury disclosed Monday after 42 years in response to a Bloomberg Freedom of Information Act request. To contact the reporters on this story:Susanne Walker Barton in New York at swalker33@bloomberg.net;Andrea Wong in New York at awong268@bloomberg.netTo contact the editors responsible for this story:Boris Korby at bkorby1@bloomberg.netPaul Cox Attribution Susanne Walker Barton: by reporter Boris Korby: editor responsible Paul Cox: editor Andrea Wong: by reporter. [Extracted from the article]

A year after the German "bund tantrum" erased more than $750 billion in value from global sovereign debt, Goldman Sachs Group Inc. sees Japan as a potential source for the next international selloff in bonds. Should the New York-based bank be correct and a Japanese debt selloff ensues, it would mean global bond investors who enjoyed the best first quarter in data back to 1997 have reason to worry those gains will evaporate. [Extracted from the article]

U.S. 10-year note yield tumbles to lowest level in two weeks Treasury yields dropped even after a Federal Reserve official said U.S. financial markets may be underestimating the odds that interest rates will rise in June. The gap between yields on 10-year notes and inflation-indexed securities, known as the break-even rate, shows inflation expectations averaging 1.65 percent annually over the next 10 years, below the Fed's 2 percent target. [Extracted from the article]

Traders see zero chance of rate rise in April, 64% by year-end Bond traders are signaling that even inflation expectations at 2016 highs won't be enough to push the Federal Reserve to raise interest rates this week. [Extracted from the article]

Gauge of inflation expectations rises by most in seven weeks A bond-market gauge of inflation expectations had its biggest weekly advance in almost two months before the Fed's policy committee meets April 26-27. The Fed is looking for inflation to rise to its 2 percent target as it seeks to raise rates even as central banks abroad maintain stimulus. [Extracted from the article]

ETF inflows exceed 2015 levels as inflation expectations rise Inflows into inflation-indexed exchange-traded bond funds this year have already exceeded flows for all of 2015, suggesting investors are growing more bullish that inflation will climb toward the Federal Reserve's 2 percent target. [Extracted from the article]

"The U.S. has become the deepest, highest-yielding bond market out there", said Gennadiy Goldberg, a New York-based interest-rate strategist for TD Securities (USA) LLC, one of 22 primary dealers obligated to bid at Treasury sales. The gap between U.S. and German 10-year yields climbed to 1.63 percentage points, while the difference between U.S. and Japanese 10-year yields rose to 1.87 percentage points. U.S. 30-year bond yields rose one basis point to 2.56 percent, versus 30-year bonds in Germany yielding 0.80 percent and similar-maturity debt in Japan yielding 0.39 percent. [Extracted from the article]

U.S. $20 billion 10-year debt sale draws below-forecast yield The 10-year note yield last week touched a two-month low as traders pared bets on the pace of Fed interest-rate increases. Treasuries remained higher even after a Fed report showed the U.S. economy continued to expand from late February to early April, boosting employment and providing upward pressure on wages and prices. [Extracted from the article]

U.S. yields rise even as IMF cuts its global growth forecast Treasuries' higher yields relative to debt of other developed nations make them more appealing at a time when low and negative global rates are forcing investors to buy longer-dated securities, according to BlackRock Inc. German 10-year bund yields added five basis points to 0.17 percent, while yields on similar-maturity U.K. gilts increased five basis points to 1.44 percent. [Extracted from the article]

Bond-market inflation-expectations surge most in 12 months The last time the bond market's inflation expectations were aligned with the Fed's 2 percent target was in August 2014. [Extracted from the article]

Two-year note yields rise to highest in more than two months The yield on the two-year note, the security most sensitive to Fed policy, reached the highest in more than two months. [Extracted from the article]

Gap between two-, 30-year yields narrows as policy makers meet Futures prices indicate traders have added to bets that the Fed will raise rates this year even as they assign almost no chance of an increase at the central bank's gathering that ends Wednesday. Derivatives traders see about an 80 percent chance the Fed will raise rates by December, up from a 54 percent probability assigned on Feb. 29, according to futures data compiled by Bloomberg. [Extracted from the article]

Despite the backup in Treasury yields this month, they're still lower than they were in December, when the Fed ended its near-zero rate policy and boosted borrowing costs for the first time in a decade. Despite the turbulence, some investors are convinced the Fed will stay the course and raise rates as improving U.S. economic data boosts the outlook for growth and inflation. [Extracted from the article]

Investment-grade corporate bonds, high-yield debt and bank loans provide investors with a chance to boost returns while offering less volatility than stocks, Kiesel wrote. Derivatives traders see about a 72 percent chance the Fed will raise rates by year-end, up from a 36 percent probability on Feb. 25, according to futures data compiled by Bloomberg. [Extracted from the article]

Data show January manufacturing output, producer prices rise U.S. government securities have gained 2.1 percent this year amid turmoil in global equity markets and tumbling oil prices, as plunging gauges of inflation expectations prompted traders to reduce bets on when and how often the Federal Reserve will raise interest rates this year. [Extracted from the article]

Best start for Treasuries since 2008 can't last, says Loomis Treasuries are "very expensive", said Carl Eichstaedt, who manages the $15.4 billion Western Asset Core Plus Bond Fund and favors investment-grade company debt and emerging markets. [Extracted from the article]

Bond prices fall after relative strength index suggests shift U.S. bond prices declined after sovereign yields around the world plunged last week following Japan's decision to adopt negative interest rates. [Extracted from the article]

BOJ adopts negative rates in surprise move to spur lending The Bank of Japan's surprise decision to adopt a negative interest-rate strategy boosted a global bond-market rally that had already handed investors $567 billion this month as they fled risky assets amid a collapse in equities and commodities. Japanese yields fell to record lows after BOJ Governor Haruhiko Kuroda's board voted 5-4 to put an interest rate of minus 0.1 percent on current accounts held at the central bank, just days after saying it wasn't considering such a move. [Extracted from the article]

Treasury seven-year notes rose, pushing yields to the lowest level since October, as an auction of the securities drew the highest demand since 2014, while a report showed orders for business equipment fell in December. The seven-year notes sold Thursday yielded 1.759 percent, down from 2.161 percent at the December sale and the lowest at an auction of the securities since January 2015. [Extracted from the article]

Two-year note yields are higher than 18 other developed countries, according to data compiled by Bloomberg. The difference between yields on two-year notes and 10-year bonds, known as the yield curve, touched the least since 2008. [Extracted from the article]