by bondevalue | Dec 18, 2020 | Corporates, Credit Ratings, High Yield Bonds
Risk assets continue to stay bid with the S&P and Nasdaq up 0.6% and 0.8% while DAX was up 0.8%. US 10Y Treasury yields were marginally higher by ~1bp. The White House came out with an announcement mid-day that they were optimistic of a stimulus deal in the next...
by bondevalue | Dec 9, 2020 | Corporates, Credit Ratings, India
US equities ended the day higher with S&P and Nasdaq up 0.3% and 0.5% while European shares ended mixed following the latest vaccine and Brexit developments. Tesla plans to raise $5bn via a share sale and Softbank plans to go private according to sources. On the...
by bondevalue | Dec 8, 2020 | Corporates, Credit Ratings, Financial Institution Bonds
US equities ended the day mixed, as S&P ended 0.2% lower and Nasdaq ended up 0.5%. Fears of a no-Brexit deal saw the GBP fall from highs of 1.35 to a low of 1.32, currently at ~1.33. US 10Y and 30Y Treasury yields dipped 2bp each on the back of increased...
by bondevalue | Dec 4, 2020 | China, Corporates, Credit Ratings, India
S&P ended flat, while Nasdaq was up 0.2%, DAX and FTSE up 0.4% and CAC up 0.2%. Boeing’s shares rallied 6% while their longer maturity bonds due 2030, 2050 and 2060 were up 1.1, 1.6 and 2.8 points respectively following a Ryanair order for 75 extra 737 Max...
by bondevalue | Nov 27, 2020 | Corporates, European Central Bank, India
US markets were closed on account of Thanksgiving while European equities were flat. German 10Y Bund yields fell 3bp to -0.59% with dovish messaging from ECB Chief Economist Philip Lane and the minutes of their October meeting leading to some expectations of stimulus...
by bondevalue | Nov 26, 2020 | China, Corporates, Credit Ratings
US equities retreated from the rally over the last week as S&P ended marginally lower 0.16% while Nasdaq outperformed, up 0.5% as Tesla continued its rally. US Treasury yields were largely stable with 10Y yields down 1bp at 0.87% even as jobless claims data for...
