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  • Canadian dollar rallies as bond yields hold below recent highs
    Reuters

    Canadian dollar rallies as bond yields hold below recent highs

    The Canadian dollar rose against the greenback on Monday as pressure on stocks due to the recent jump in bond yields faded and data showed narrowing in Canada's current account deficit, with the loonie rebounding from a two-week low on Friday. World shares jumped as bond yields stayed below their recent spikes and optimism over a swift economic recovery was fueled by Johnson & Johnson's newly approved COVID-19 vaccine and progress in a new U.S. $1.9 trillion coronavirus relief package. Canada sends about 75% of its exports to the United States, including oil.

  • Reuters

    UPDATE 1-Negative yielding debt pile shrinks in euro zone, UK amid global selloff - Tradeweb

    The pool of euro zone government bonds with a negative yield shrank by nearly a fifth in February as a broad selloff in global bond markets forced traders to dump safe-haven debt, data from electronic bond trading platform Tradeweb showed on Monday. Government borrowing costs from the United States, Germany to Australia ended February with their biggest monthly rises in years as expectations for a post-pandemic ignition of inflation roiled global markets. Tradeweb said the market value of euro-denominated government bonds traded on its platform with a negative yield stood at around 5.57 trillion euros ($6.70 trillion) at the end of February.

  • Reuters

    Pool of negative yielding debt shrinks in euro zone, UK - Tradeweb

    The pool of euro zone government bonds with a negative yield shrank by nearly a fifth in February as a broad selloff in global bond markets forced traders to dump safe-haven debt, data from electronic bond trading platform Tradeweb showed on Monday. Tradeweb said the market value of euro-denominated government bonds traded on its platform with a negative yield stood at around 5.57 trillion euros ($6.70 trillion) at the end of February. Tradeweb data also showed a 1.18 trillion-euro pool of negative-yielding euro-denominated investment grade paper -- almost 33% of the market at the end of last month, down from almost 43% in January.