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Laos Launches 6Y Amortizer at 10%a; Wynn Macau Raises $750mn via 2028s Tap; ECB Lifts Ban on Dividends; China Rating Agency Suspended Following Defaults

Laos Launches 6Y Amortizer at 10%a; Wynn Macau Raises $750mn via 2028s Tap; ECB Lifts Ban on Dividends; China Rating Agency Suspended Following Defaults

US equities rallied with the S&P and Nasdaq higher by 1.3%. US 10Y Treasury yields also inched higher by 1bp in a broad risk-on move. Preliminary Markit PMI and US retail sales numbers are expected to marginally soften from the prior numbers with the macro data...
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