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German bonds in tightest range in 15 months as ECB sidelined

  Canberra / Bloomberg German government bonds are stuck in their tightest trading range in more than a year as European Central Bank policy makers maintain a wait-and-see attitude toward inflation and their monetary-stimuluspolicy. Benchmark 10-year bund yields this month have moved within a range of just 19 basis points, or 0.19 percentage point, compared with an average 26 basis points ...

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Bayer to pay upwards of $63 billion to acquire Monsanto

  Bloomberg Now that Bayer AG’s bid for seed giant Monsanto Co. is out of the bag, attention has turned to how much the German company will need to pay. The value of the transaction could top $63 billion, according to some analysts tracking the situation. So far, neither side has disclosed the terms or structure of the deal. That’s ...

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Fed ‘policy mistake’ trade comes back in bond market

  Bloomberg Wall Street is pushing back against the Federal Reserve’s tougher tone on raising interest rates, as strategists see the bond market warning of potential consequences. Treasuries staged their biggest weekly decline since November after minutes from the Fed’s April meeting rekindled wagers that policy makers will raise rates as soon as next month. The dollar soared and bond-market ...

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