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: GMR Hyderabad, SK Hynix
- Long-end UST yields fell yesterday, on the back of a solid auction for 30Y notes. In addition, market expectations for Fed rate cuts were firm, following the in-line core CPI data and higher than expected jobless claims.
- The UST curve bull flattened, with the yield on the 2Y UST stable at 3.54%, while that on the 10Y UST declined 2 bps to 4.02%. Equities continued to rally, with the S&P 500 and Nasdaq up 0.8% and 0.7%, respectively.
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