by Megha Malhotra | Feb 8, 2022 | Financial News
US equity markets fell with the S&P and Nasdaq ending 0.4% and 0.6% lower. Sectoral gains were led by Energy, up 1.3% while losses were led by Communication Services, down 2.2%. US 10Y Treasury yields rose 3bp to 1.94%. European markets were higher with the DAX,...
by Megha Malhotra | Feb 7, 2022 | Macroeconomic news
US equity markets rose with the S&P and Nasdaq ending 0.5% and 1.6% higher. Sectoral gains were led by Consumer Discretionary, up over 3%. US 10Y Treasury yields rose 7bp to 1.90%. European markets were lower with the DAX, CAC and FTSE down 1.8% 0.8% and 0.2%....
by Megha Malhotra | Feb 7, 2022 | High Yield Bonds, Interest Rate Trends, Investment Grade Bonds
US primary market issuances rose to $25.7bn vs. $9bn in the prior week. IG issuances were at $19.2bn vs. $3.7bn in the week prior while HY issuances were at $3.1bn vs. $5.3bn. The IG space was led BofA’s jumbo $9bn five-trancher and Alexandria Real Estate’s...
by Megha Malhotra | Jan 18, 2022 | Financial News, Macroeconomic news
US equity markets were closed on Monday on account of Martin Luther King Jr. Day. US 10Y Treasury yields rose 14bp to 1.85% over increased expectations of a Fed rate hike in March. European markets closed higher on Monday with the DAX, CAC and FTSE up 0.3%, 0.8% and...
by Megha Malhotra | Sep 3, 2021 | Credit Ratings, Macroeconomic news
US markets continued with modest gains on the second day of September – S&P and Nasdaq gained 0.3% and 0.1% respectively. Energy up 2.5% reversed its losses to lead the gains, followed by Healthcare and Industrials, up more than 1%. Communication Services, down...