by bondevalue | Jan 11, 2021 | China, India
S&P and Nasdaq continued their rally, up 0.6% and 1% on Friday. Tesla again closed ~8% higher. US Non-farm payrolls saw a surprise 140k fall versus expectations of a 71k increase highlighting a need for fiscal spending, as per Joe Biden. European equities also...
by bondevalue | Jan 7, 2021 | China, Financial Institutions, India, U.S. Treasury Yield
The S&P rose by 0.6% while Nasdaq fell 0.6% as the Georgia senate run-offs went in favor of the Democrats – financials and industrials rallied while tech was down given increased prospects of regulatory scrutiny and tax increases. The US Treasury 10Y sold-off as...
by bondevalue | Dec 15, 2020 | Corporates, India, Perpetual Bonds, Singapore Dollar Bonds
Nasdaq outperformed the broader market and was up 0.5% while S&P was down 0.4%. Tesla was up 4% and Alexion was up 29% on the buyout news from AstraZeneca. US 10Y Treasury yields at 0.9%, continued to trade in a narrow range. The two-day FOMC meeting commences...
by bondevalue | Dec 10, 2020 | China, Corporates, Distressed / Defaulted Bonds, India
US equities fell after opening higher with S&P down 0.8% and Nasdaq down 1.9%. Energy and industrials were the only sectors in the green up 0.3%. Tesla fell 7% while Amazon and Apple shares were down over 2%. Facebook slumped 1.9% after the US Federal Trade...
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 | Oct 5, 2020 | Financial News, India, Investment Grade Bonds
President Trump testing positive for Covid-19 led S&P lower by ~1% on Friday though equities recovered some of the initial losses at the open. Major tech stocks like Amazon and Apple fell around 3%. Treasury yields fell 3bp on the news but later reversed with...
