Advantage Data High Yield Bond Market Summary

LONG-DATED US TREASURY YIELDS GAINED UPON GEOPOLITICAL TENSIONS around the globe.  Trade talks between the U.S. and China are in a gridlock and Brexit uncertainties grow after parliament rejects a no-deal.  The White House announced there is “no rush” to finalize a trade deal, unwilling to compromise over intellectual property rights.  The 10-year U.S. Treasury note gained 0.7 basis points and the 30-year note rose 2.2 basis points.  S&P +0.08% Dow +0.07% NASDAQ +0.08%

LONG-DATED US TREASURY YIELDS GAINED UPON GEOPOLITICAL TENSIONS around the globe. Trade talks between the   U.S. and China are in a gridlock  and Brexit uncertainties grow after   parliament rejects a no-deal.  The White House announced there is   “no rush” to finalize a trade deal, unwilling to compromise over intellectual property rights.  The   10-year U.S. Treasury note gained 0.7 basis points and the   30-year note  rose 2.2 basis points.    S&P  +0.08%   Dow  +0.07%   NASDAQ  +0.08%

HUMBLE INFLATION DATA released on Tuesday affirms the Feds “patient” stance on interest rate hikes. The Consumer Price Index edged up 0.1 percent excluding food and energy, marking the smallest increase since late August of 2018.  “We view the risks to the inflation outlook as weighted to the downside as the domestic economy has slowed more quickly than we had expected,” Senior Economist at Moody’s.  The 10-year U.S. Treasury note dipped 4 basis points and the 30-year note sank 3.7 basis points.  S&P +0.33%, Dow -0.34%, NASDAQ +0.47%  

HUMBLE INFLATION DATA released on Tuesday   affirms the Feds “patient” stance  on interest rate hikes. The   Consumer Price Index edged up 0.1 percent  excluding food and energy, marking the   smallest increase  since late August of 2018.   “We view the risks to the inflation outlook as weighted to the downside as the domestic economy has slowed more quickly than we had expected,”  Senior Economist at Moody’s.  The   10-year U.S. Treasury note dipped 4 basis points and the   30-year note  sank 3.7 basis points.    S&P  +0.33%,   Dow  -0.34%,   NASDAQ  +0.47%  

EQUITIES MARK THEIR FIFTH CONSECUTIVE DAY OF DECLINES as investors react to a weak jobs report igniting concerns of a cooling economy. Jonathan Hill, from BMO Capital remained positive, the “Treasury yield moves speak to willingness to look through this”.  Despite the poor report, treasury yields remained stable, the 10-year U.S. Treasury note dipped 1.2 basis points and the 30-year note sank 1.4 basis points.  S&P -0.81%, Dow -0.78%, NASDAQ -1.13% 

EQUITIES MARK THEIR FIFTH CONSECUTIVE DAY OF DECLINES as investors react to a weak jobs report   igniting concerns of a cooling economy. Jonathan Hill, from BMO Capital remained positive, the   “Treasury yield moves speak to willingness to look through this”.  Despite the poor report, treasury yields remained stable, the   10-year U.S. Treasury note dipped 1.2 basis points and the   30-year note  sank 1.4 basis points.    S&P  -0.81%,   Dow  -0.78%,   NASDAQ  -1.13%

U.S. TREASURY YIELDS PLUMMETED upon the European Central Bank announcing a shift in economic policy holding rates steady and slashing its GDP forecast. Jobless claims slightly declined last week by 3.000 jobs for a seasonally adjusted 223,000 jobs.  The 10-year U.S. Treasury note dipped 5 basis points and the 30-year note sank 4 basis points.  S&P -0.81%, Dow -0.78%, NASDAQ -1.13%

U.S. TREASURY YIELDS PLUMMETED  upon the European Central Bank announcing a   shift in   economic policy  holding rates steady and   slashing its GDP forecast.   Jobless claims slightly declined last week by 3.000 jobs for a seasonally adjusted 223,000 jobs.  The   10-year U.S. Treasury note dipped 5 basis points and the   30-year note  sank 4 basis points.    S&P  -0.81%,   Dow  -0.78%,   NASDAQ  -1.13%