by Amruth Sundarkumar | Jul 5, 2022 | High Yield Bonds, Investment Grade Bonds
S&P expects issuance volumes of sukuk to fall by 12.5% YoY in 2022 to $130bn. It is also a downward revision to its initial forecast of $145bn. This comes on the back of higher oil prices which has led to “reducing financing needs” for sukuk issuers...
by Megha Malhotra | Feb 14, 2022 | Financial News
S&P and Nasdaq saw a sharp sell-off, ending 1.9% and 2.8% lower on Friday. Sectoral losses were led by IT, Consumer Discretionary and Communication Services down 2.5-3.0%. With the risk-off sentient, the US 10Y Treasury yield dropped 8bp to 1.95%, just a day after...
by Megha Malhotra | Feb 11, 2022 | Financial News
S&P and Nasdaq ended 1.8% and 2.1% lower as US inflation hit a 40Y high (details below). Sectoral losses were led by Real Estate, IT and Utilities, down over 2.5% each. The high inflation reading pushed US 10Y Treasury yields higher by 11bp to breach the 2% mark...
by Megha Malhotra | Feb 10, 2022 | Macroeconomic news
Risk-on sentiment took over global markets with the S&P and Nasdaq ending 1.5% and 2.1% higher. Sectoral gains were led by Communication Services, Real Estate, IT and Materials, up over 2% each. US 10Y Treasury yields eased 2bp to 1.92%. European markets also...
by Megha Malhotra | Feb 9, 2022 | Financial News
US equity markets rose with the S&P and Nasdaq ending 0.8% and 1.3% higher. Sectoral gains were led by Materials and Consumer Discretionary, up 1.5%. US 10Y Treasury yields rose 1bp to 1.94%. European markets were broadly higher with the DAX and CAC up 0.2-0.3%...