by bondevalue | Dec 11, 2020 | Credit Ratings, European Central Bank, Financial Institutions, Perpetual Bonds
S&P ended marginally lower by 0.13% while Nasdaq was up 0.5%. The energy sector was the top gainer in the broad market, up ~3% with Brent Crude touching the $50 mark for the first time since March. US 10Y yields moved lower 1bp as the weekly jobless claims jumped...
by bondevalue | Dec 8, 2020 | European Central Bank, Insights, Sovereign Bonds, Sovereigns
Greece 10Y bond yields recently hit an all-time low of 0.61%, breaking through the lows it hit in February (0.91%) before the Covid19 induced crisis. The country which was at the center of the Eurozone debt crisis and considered the riskiest debt in Europe over the...
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 | Oct 8, 2020 | European Central Bank, High Yield Bonds, Macroeconomic news, People's Bank of China, Sovereign Bonds
A day after disappointment from Trump on calling off negotiations for a relief bill, US equities moved higher by 1.7% with Nasdaq higher by 1.9%, industrials and consumer discretionary sectors up over 2.2%. The rally in equities has been attributed to Trump expressing...
by bondevalue | Sep 18, 2020 | European Central Bank, Financial Institution Bonds, Macroeconomic news
US stocks had another down session with S&P ending 0.84% lower while the 10Y Treasury yields were almost unchanged after moving 4bp lower mid-day. Laggards again included big tech like Apple, Amazon and Facebook with losses of 1.6%, 2.3% and 3.3% respectively....
by bondevalue | Sep 11, 2020 | China, European Central Bank, Global, High Yield Bonds, Macroeconomic news
Wall Street dropped on Thursday led by technology stocks as US weekly jobless data showed sluggishness in the pace of the economic recovery. Initial claims came unchanged at 884,000 (above 846,000 expected) and the rejection of the $300bn coronavirus aid package by...
