INVESTMENT-GRADE EUROPEAN DEBT ROSE AGAINST
its high-yielding junk bond counterparts in net prices linked to actual trades. German inflation chimed in at 1.6 percent
remaining subdued, well below the
European Central Bank’s June target of 2 percent. Euro zone economic sentiment fell
to nearly a three year low suggesting the Central Bank will not raise rates this year.
FTSE 100 +0.01%
, German DAX +0.37%
, CAC 40 +0.05%
, STOXX Europe 600 +0.13%
. The 10-year Gilt lost 0.05 basis points.
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bonds,
junk bonds,
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market analytics,
New Issues,
News,
research,
EU,
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US TREASURY YIELDS SPIKE AS INVESTORS BECOME OPTIMISTIC a trade deal with China is likely to occur following the G20 summit in Japan. The trade spat is blamed for initiating a global growth slowdown and the Fed’s recent dovish tone suggesting aggressive rate cuts. The 10-year note spiked 5.7 basis points. S&P -0.01%, DOW +0.08, NASDAQ +0.41%.
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Topics:
High Yield,
Investment Grade,
Loans,
Analytics,
bonds,
junk bonds,
bond market,
market analytics,
New Issues,
Finance,
Fixed Income,
News,
Syndicated Bonds,
syndicated,
research,
market update
US TREASURY YIELDS SPIKE AS INVESTORS BECOME OPTIMISTIC a trade deal with China is likely to occur following the G20 summit in Japan. The trade spat is blamed for
initiating a global growth slowdown and the
Fed’s recent dovish tone suggesting aggressive rate cuts.
The 10-year note spiked 5.7 basis points
. S&P
-0.01%,
DOW +0.08,
NASDAQ
+0.41%.
Read More
Topics:
Investment Grade,
Loans,
Analytics,
bonds,
junk bonds,
bond market,
market analytics,
New Issues,
News,
Syndicated Bonds,
syndicated,
research,
market update
EUROPEAN MARKETS WAVER AS INVESTORS KEEP A KEEN EYE ON
the G20 summit scheduled to commence this weekend. The market
expects a solution from US and China
soon after the summit regarding the ongoing trade spat.
Mark Carney implied in the event Britain crashes out of the EU the
Bank of England will be compelled to slash rates
.
FTSE 100 -0.04%,
German DAX +0.4%,
CAC 40 -0.29%,
STOXX Europe 600 -0.31%. The
10-year Gilt rose 3.3 basis points.
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Analytics,
bonds,
junk bonds,
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market analytics,
New Issues,
News,
research,
EU,
market update,
European
EQUITIES DRIFTED LOWER following an announcement from Federal Reserve President Jerome Powell stating “my colleagues and I are grappling with is whether these uncertainties will continue to weigh on the outlook and thus call for additional policy accommodation“. Currently Wall Street believes there is a 65.7 percent chance of a 25 basis point cut and a 35.4 percent chance of a 50 basis point cut. The 10-year note fell 2.8 basis points settling below 2 percent. S&P -0.95%, DOW -0.67, NASDAQ -1.51%.
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Topics:
High Yield,
Investment Grade,
Loans,
Analytics,
bonds,
junk bonds,
bond market,
market analytics,
New Issues,
Finance,
Fixed Income,
News,
Syndicated Bonds,
syndicated,
research,
market update
EQUITIES DRIFTED LOWER
following an announcement from Federal Reserve President Jerome Powell stating
“my colleagues and I are grappling with is whether these uncertainties will continue to weigh on the outlook and thus call for additional policy accommodation“. Currently Wall Street believes there is a
65.7 percent chance of a 25 basis point cut and a 35.4 percent chance of a 50 basis point cut.
The 10-year note fell 2.8 basis points settling below 2 percent
. S&P -0.95%,
DOW -0.67,
NASDAQ -1.51%.
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Topics:
Investment Grade,
Loans,
Analytics,
bonds,
junk bonds,
bond market,
market analytics,
New Issues,
News,
Syndicated Bonds,
syndicated,
research,
market update
BRITAIN’S AUTOMOTIVE INDUSTRY FEARS an abrupt Brexit will
cripple the already deteriorated industry
by adding billions of pounds in tariffs. The sector is facing its
steepest downturn since 2012
with production in some plants grinding to a halt
. “Leaving the EU without a deal would trigger the most seismic shift in trading conditions ever experienced by automotive
.”
FTSE 100 -0.04%,
German DAX -0.32%,
CAC 40
-0.05%,
STOXX Europe 600
-0.12%. The
10-year
Gilt slipped 2.3 basis points.
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Topics:
Analytics,
bonds,
junk bonds,
bond market,
corporate bonds,
market analytics,
New Issues,
News,
research,
EU,
market update,
European
INVESTMENT-GRADE DEBT ROSE SIGNIFICANTLY AGAINST JUNK BONDS in net prices linked to actual trades. Gold prices breached six-year highs settling above $1,400 an ounce following the Fed’s dovish tone after last week’s meeting. The 10-year note fell 3.9 basis points. S&P -0.09%, DOW +0.12, NASDAQ -0.23%.
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Topics:
High Yield,
Investment Grade,
Loans,
Analytics,
bonds,
junk bonds,
bond market,
market analytics,
New Issues,
Finance,
Fixed Income,
News,
Syndicated Bonds,
syndicated,
research,
market update
INVESTMENT-GRADE DEBT ROSE SIGNIFICANTLY AGAINST JUNK BONDS in net prices linked to actual trades.
Gold
prices breached six-year highs settling above $1,400 an ounce following the Fed’s dovish tone after last week’s meeting.
The 10-year note fell 3.9 basis points
. S&P
-0.09%,
DOW +0.12,
NASDAQ
-0.23%.
Read More
Topics:
Investment Grade,
Loans,
Analytics,
bonds,
junk bonds,
bond market,
market analytics,
New Issues,
News,
Syndicated Bonds,
syndicated,
research,
market update
ITALY’S DEPOSITOR PROTECTION FUND, FITD rejected a plan backed by
Apollo Global Management
to salvage the distressed Carige bank. The FITD stated they would consider a solution involving private equity in tandem with the
banks' current shareholders; Carige bank has a
capital deficit of 630 million euros.
FTSE 100 +0.13%,
German DAX -0.62%,
CAC 40 -0.19%,
STOXX Europe 600 -0.29%. The
10-year Gilt dipped 3.2 basis points.
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Topics:
Analytics,
bonds,
junk bonds,
bond market,
corporate bonds,
market analytics,
New Issues,
News,
research,
EU,
market update,
European
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