by Joel Ng | Oct 3, 2022 | Credit Ratings, Macroeconomic news
US Treasury bond yields were mixed on Friday with the 2Y down 1bp to 4.20%, 10Y flat at 3.79% and 30Y 3bp higher to 3.72%. The peak Fed Funds Rate currently stands at 4.47% for the FOMC’s March 2023 meeting, unchanged from last Friday. US credit markets saw a...
by Joel Ng | Aug 16, 2022 | Credit Ratings, Macroeconomic news
US equity markets continued its climb on Monday with the S&P and Nasdaq up 0.4% and 0.6% respectively. Sectoral gains were led by Consumer Staples up 1% and Utilities up 0.8%; Energy was down 2%. US 10Y Treasury yields eased 6bp to 2.78%. European markets were...
by Joel Ng | Aug 15, 2022 | Credit Ratings, Macroeconomic news
US equity markets saw a sharp uptick on Friday, with the S&P and Nasdaq up 1.7% and 2.1% respectively. The rise in equities came after the import price index, an inflation gauge, fell for the first time in seven months, by 1.4% in July. This was the largest...
by Joel Ng | Aug 12, 2022 | Credit Ratings, Macroeconomic news
US equity markets was mixed on Thursday with the S&P ending flat and Nasdaq down 0.6%. Sectoral gains were led by Energy up 3.2%, followed by Financials gaining 1% while Health Care led the losses, down 0.7%. US 10Y Treasury yields rose by 9bp to 2.88% on easing...
by Joel Ng | Aug 11, 2022 | Credit Ratings, Macroeconomic news
US equity markets witnessed a strong rally on Wednesday as July inflation eased (details below) – the S&P and Nasdaq rose 2.1% and 2.9% respectively. Sectoral gains were led by Materials and Consumer Discretionary, up 2.9% each. US 10Y Treasury yields rose 1bp to...
