by bondevalue | Oct 26, 2020 | India, Sovereign Bonds
S&P and Nasdaq ended marginally higher by 0.3% on Friday. Barring the energy sector, others were in the green. The upcoming week sees big tech, the likes of Apple, Amazon and Microsoft reporting earnings. US 10Y Treasury yields were down 4bp and overall markets...
by bondevalue | Oct 23, 2020 | High Yield Bonds, Sovereign Bonds
US equities ended a choppy session up 0.5% with the energy sector up 4% and financials up 2%. US bond yields continued to inch higher with House Speaker Pelosi mentioning she was hopeful of a ‘spending deal’ before the election – US 10Y and 30Y yields were...
by bondevalue | Oct 22, 2020 | High Yield Bonds, Sovereign Bonds
S&P ended marginally lower by 0.2%. Energy and industrials were down over 1% while communication services were up 1%. Intel, American Airlines and Coca Cola are scheduled to report earnings amongst others. US stimulus hopes are mixed for a last minute deal by the...
by bondevalue | Oct 16, 2020 | China, Financial Institution Bonds, High Yield Bonds
US equities recovered early losses (1% down) with S&P ending 0.15% lower – financials and energy were higher by ~1% while healthcare and IT were down ~0.5%. Morgan Stanley topped estimates with profits up 25% helping the stock weather weakness in the broader...
by bondevalue | Oct 14, 2020 | High Yield Bonds, Investment Grade Bonds
2020 has been a record-setting year for the bond markets, particularly in terms of new bond issues. We have seen new records being set and subsequently broken time and again through the year, reminding us of Ukrainian pole-vaulter Sergey Bubka. Bubka set his first...
by bondevalue | Oct 14, 2020 | China, High Yield Bonds, Macroeconomic news, People's Bank of China, Sovereign Bonds
S&P took a breather, ending lower by 0.6% after four days of rally with financials and energy sectors leading the move. Apple ended 2.6% lower while falling almost 7% mid-day after the 5G iPhone event launch. Citi and JP Morgan beat estimates in their Q3 earnings...
