U.S. Treasury yields on 2-year
notes and higher rose on Tuesday, a day before a Federal Reserve
statement that is likely to signal a rate increase in March,
tightening policy for the first time since it cut borrowing
Italy's biggest debt recovery firm
doValue will aim to keep the amount of loans it
manages stable at 160 billion euros ($180.5 billion) to the end
of 2024, while improving its collection rate to 6% from 4%, it
said on Tuesday.
Ecuador's President Guillermo
Lasso said on Tuesday he will seek to disconnect the handover of
crude from outstanding debt to China during a visit to the Asian
country next month, part of his plan to renegotiate some $4.1
billion in debt.
Euro zone bond yields edged
higher on Tuesday, tracking a tentative rebound by European
equity markets after a deep sell-off that encouraged investors
to buy safe-haven assets in sovereign debt markets.
A potential invasion of Ukraine
by neighbouring Russia would be felt across a number of markets,
from wheat and energy prices and the region's sovereign dollar
bonds to safe-haven assets and stock markets.
The U.S. Treasury yield curve
flattened on Tuesday ahead of a pivotal Federal Reserve policy
statement that is widely expected to signal the first interest
rate increase since the start of the coronavirus pandemic nearly
two years ago.
The spread between U.S. 2-year and 10-year yields narrowed
to 74.7 basis points. Another yield curve measure
showed a gap of 55.30 basis points between the U.S. 5-year and
30-year yields, down fr
Abu Dhabi National Oil Company's
newly set up debt-issuing unit, ADNOC Murban, began holding
investor meetings on Tuesday ahead of its debut bond sale
expected this year, an investors' note seen by Reuters showed.
The Canadian dollar edged lower
against the greenback on Tuesday amid investor concern over the
crisis between Russia and Ukraine and ahead of upcoming interest
rate decisions by the U.S. Federal Reserve and the Bank of
The loonie was trading