Log in
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 

MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  Barclays Plc    BARC   GB0031348658


Real-time Estimate Quote. Real-time Estimate CHI-X - 01/21 11:06:19 am
144.65 GBX   -1.14%
03:58aPoland's InPost Looks To Raise Up To $3.9 Billion Via Amsterdam IPO
03:48aASML : Gets a Buy rating from Barclays
03:44aANALYSIS : A lot of hot air? Investors snap up hydrogen stocks in green frenzy
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Treasury Yields Fall as Virus Surge Threatens Reopenings

06/26/2020 | 04:56pm EST

By Sam Goldfarb

U.S. government-bond prices climbed Friday as investors bought safer assets amid signs that an increase in new coronavirus cases is threatening progress toward fully reopening the U.S. economy.

The yield on the benchmark 10-year U.S. Treasury note settled at 0.636% -- its lowest close since May 14 -- compared with 0.674% Thursday, according to Tradeweb.

Yields, which fall when bond prices rise, edged lower overnight. They then dropped more sharply after Texas Gov. Greg Abbott rolled back some reopening plans, requiring bars to close at noon Friday and putting restrictions on large outdoor gatherings.

Mr. Abbott's announcement came after Texas reported more than 6,400 cases Thursday and the U.S. overall marked a daily record of nearly 40,000 new cases.

California Gov. Gavin Newsom has also warned that the state might need to reconsider reopening plans, another indication that it might take longer than some investors had hoped for large parts of the country to return to a more normal economic footing.

Investors tend to buy Treasurys when they are concerned about the economy because the bonds offer steady interest payments with essentially no risk of default. A slower recovery could also ensure that the Federal Reserve takes longer to raise short-term interest rates.

Even before the latest developments, Treasury yields had signaled a darker economic outlook than some other assets such as stocks. Except for a brief period in early June when it climbed above 0.9%, the 10-year yield has been stuck around two-third of a percent for months, not far above its all-time low of around 0.5% set in March.

Elsewhere in the fixed-income market, there were signs again of reduced demand for high-yield corporate bonds.

BlackRock's iShares U.S. high-yield corporate bond ETF fell 1%, bringing its decline for the week to 1.9%.

As of Thursday, the extra yield, or spread, investors demanded to hold speculative-grade corporate bonds over Treasurys was 6.05 percentage points, according to Bloomberg Barclays data. That was up from 5.78 percentage points at the end of last week.

Write to Sam Goldfarb at sam.goldfarb@wsj.com


All news about BARCLAYS PLC
03:58aPoland's InPost Looks To Raise Up To $3.9 Billion Via Amsterdam IPO
03:48aASML : Gets a Buy rating from Barclays
03:44aANALYSIS : A lot of hot air? Investors snap up hydrogen stocks in green frenzy
03:11aBASF SE : Gets a Neutral rating from Barclays
01:32aNippon Life Insurance Raises $1.6 Billion from Issuing 2.75% Bonds Due in 205..
01/20ANALYSIS : Europe Inc earnings in no man's land between recession and recovery
01/20DIAGEO : Barclays reiterates its Buy rating
01/20BASF SE : Barclays sticks Neutral
01/20NETFLIX COM INC : Barclays reaffirms its Buy rating
01/20HEIDELBERGCEMENT AG : Barclays remains Neutral
More news
Sales 2020 21 590 M 29 620 M 29 620 M
Net income 2020 1 148 M 1 575 M 1 575 M
Net Debt 2020 - - -
P/E ratio 2020 21,9x
Yield 2020 1,75%
Capitalization 25 399 M 34 647 M 34 844 M
Capi. / Sales 2020 1,18x
Capi. / Sales 2021 1,23x
Nbr of Employees 80 800
Free-Float 99,6%
Duration : Period :
Barclays Plc Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends BARCLAYS PLC
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus OUTPERFORM
Number of Analysts 24
Average target price 163,28 GBX
Last Close Price 146,32 GBX
Spread / Highest target 60,6%
Spread / Average Target 11,6%
Spread / Lowest Target -50,1%
EPS Revisions
Managers and Directors
James Edward Staley Group Chief Executive Officer & Director
Nigel Paul Higgins Group Chairman
Mark Ashton Rigby Group Chief Operating Officer
Tushar Morzaria Group Finance Director & Executive Director
Timothy James Breedon Independent Non-Executive Director
Sector and Competitors