by bondevalue | Oct 19, 2020 | Credit Ratings, Sovereign Bonds, Sovereigns
After moving ~1% higher mid-day, S&P ended flat on Friday. The energy sector lagged, down over 2% while utilities and healthcare were up over 1%. This week sees Intel, Tesla, Netflix, American Airlines and Verizon report earnings amongst others. US 10Y Treasury...
by bondevalue | Oct 15, 2020 | Global, Investment Grade Bonds, Sovereign Bonds
S&P ended 0.7% lower with consumer discretionary, real estate and financials dragging the index, all down over 1%. Nasdaq was down 0.9% with Amazon falling 2.3% and Facebook 1.6% lower. Goldman Sach’s Q3 earnings beat estimates while Wells Fargo disappointed with...
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...
by bondevalue | Oct 9, 2020 | China, High Yield Bonds, Sovereign Bonds
US equities made another leap higher with the S&P up 0.8%. The energy sector led most of the gains going up 3.8% while utilities and financials were up 1.8% and 1.4%. Facebook saw a 2% jump helping the tech index. 10Y Treasury yields moved lower by 1bp, taking a...
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 | Oct 2, 2020 | Credit Ratings, Financial News, High Yield Bonds, Investment Grade Bonds, Sovereign Bonds
US equities ended slightly higher by 0.5% even as tech led the way with NASDAQ up 1.4%.The Institute of Supply Management (ISM) Manufacturing number printed at 55.4 indicating pick-up in manufacturing activity in the US. Jobless claims for the week ending September 26...
