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: Softbank Group
- UST yields rose 5-7 bps yesterday, unwinding earlier declines in the aftermath of the Fed’s widely expected 25 bps rate cut. This was as Chairman Jerome Powell struck a cautious tone during the press conference and signalled less support for larger rate decreases.
- The yield on the 2Y UST was up 5 bps at 3.55%, while the yield on the 10Y UST climbed 6 bps to 4.09%. Equities retreated slightly, with the S&P 500 and Nasdaq declining 0.1% and 0.3%, respectively.
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