In today’s briefing:
- Lucror Analytics – Morning Views Asia
Lucror Analytics – Morning Views Asia
- In today’s Morning Views publication we comment on developments of the following high yield issuers: Seazen Group
- UST yields increased yesterday, led by the front end, as market attention shifted to the release of PPI and CPI data over the next two days. The UST curve bear-flattened, partly unwinding four straight days of yield declines. Yields on USTs rose 7 bps to 3.56% for the 2Y, and 5 bps to 4.09% for the 10Y.
- Equities rallied to reach fresh record highs, as the expectation of Fed rate cuts offset the weakening jobs data. The S&P 500 was 0.3% higher at 6,513, while the Nasdaq increased 0.4% to 21,879.
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