In today’s briefing:
- Lucror Analytics – Convertibles Brief
- Lucror Analytics – Morning Views Asia
Lucror Analytics – Convertibles Brief
- Credit markets tightened on Friday, with the iTraxx X-Over narrowing 3 bps to 268 bps.
- European bourses rose 0.2-0.9% except for the FTSE 100 and DAX, which both fell 0.1%.
- In the US, the S&P 500 and Nasdaq were up 0.8% and 1.0%, respectively.
Lucror Analytics – Morning Views Asia
- UST yields rose on Friday, in a continuation of Thursday’s increase following the weak 30Y notes auction.
- In addition, there were no macro catalysts, ahead of Tuesday’s CPI data release (which may alter market expectations for the rate cuts currently priced in).
- The yield on the 2Y UST rose 3 bps to 3.76%, while that on the 10Y UST was up 3 bps at 4.28%.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Data and News
- ✓ Events & Webinars
