The yield on the benchmark government bonds added three pips pushing the 10-year yield 20 basis points above U.S. treasury debt to 2.23%.
When the Gap launched its 10-year bond with a 5.95% coupon on April 8, it was prices to yield about 238 basis points more than the 10-year treasury yield.
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Euribor futures advanced by 16 basis points while the two-year yield sank by 12 basis points to 1.78%.
My cost of carry on high yield bonds runs at 70 basis points for a net yield to maturity for me near 6 percent.
Its 6.65% notes, due 2018, were quoted on Monday at a yield of 320 basis points above Treasuries.
Last month its five-year debentures were trading at a yield of 30 basis points over Japanese government bonds.
For example, the 10-year Treasury bond yield rose 2 basis points to 2.01% yesterday, indicating falling prices on lower demand.
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The two-year yield screamed 25 basis points higher to 8.45% while that on the benchmark 10-year jumped slightly more to yield 9.29%.
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Its ten-year bonds, which were trading at lower yields than Paul Allen's Charter Communications' debt six months ago, now yield some 300 basis points more.
Moreover, the 30 year bond yield fell by 14 basis points down to 2.72%.
The 10-year German yield eased by four basis points to 3.17% crossing back above comparable U.S. yields.
German 10-year bunds surged by 112 ticks Friday as the benchmark yield slid by seven basis points.
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German bunds surged with eth yield sliding by 15 basis points to a seven-month low at 2.67%.
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The yield added around seven basis points on the day to 4.10% with some sellers trying hard to get out of the issue.
Just over one week later, on Aug. 13, the yield had dropped 23 basis points to 2.67% as investors fled from the stock markets.
The down but no out appearance of European equities on Friday also dampened enthusiasm for German debt where the 10-year bund yield rose by two basis points to 2.10%.
This despite the fact that the offer was priced at a much more enticing yield, some 90 basis points (or 0.9 percentage points in non-market lingo) above a previous sale.
Treasury 10 year erased earlier gains as the yield crept higher by 2 basis points to 3.43%.
That is, the apparent 104-basis-point yield advantage of the 30-year 5.5% Freddie Mac over a seven-year Treasury is less than it seems.
Investors were also ditching long-dated British bonds: the 10-year gilt yielded 3.14% on Monday afternoon in London, up from 3.13% on Friday, while the two-year British gilt lost 5 basis points to yield 1.56%.
Over the same time, the 30-year U.S. Treasury bond yield jumped more than 150 basis points to nearly 8%, and in turn caused many bond investors to suffer losses of 20% or more in their portfolios.
MOSCOW, Dec 6 (Reuters) - Novatek , Russia's largest independent gas producer, is planning a Eurobond issue and is guiding investors towards a yield of 312.5 basis points area over 10-year US Treasuries, two banking sources told Reuters on Thursday.
The option-adjusted yield spread is more like 57 basis points (hundredths of a percent), according to Bloomberg.
Italy and Spain sovereign yield curves rose 64 and 62 basis points respectively and core countries also widened sharply.
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Eurodollar futures expiring beyond June 2013 surged with implied yields slumping by 18 basis points as the yield curve flattened.
Gilt futures also pared recent gains with the September future losing 28-ticks to 128.67 adding just four basis points to the yield of 2.51%.
The high yield spread versus Treasuries is 162 basis points (bp) wider than it was when the economy was already one month into recession in the last cycle.
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June bund futures have made extended gains in the past hour and stand higher by a full point at 124.40 shaving seven basis points from its yield to 3.09%.
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