Bank Credit Weekly: Inflection Point or Fed Disappoint?
We are set-up for 2 disappointing Fed outcomes which could create buying opportunities. Meanwhile, Treasuries may have seen the worst of their sell...
279 Views
Bank Macro Manifest: Rates to Remain Risk Asset Challenging; Take Carry Opportunities
Onto the next market hurdle, infrastructure spending. Take lower rated, subordinated debt to play the economic recovery and high spread per unit of...
220 Views
Astrea VI, IRFC Launch New Bonds; Macro; Rating Changes; New Issues; Talking Heads; Top Gainers &...
Equities saw a volatile day on Friday but ended higher with the S&P up ~2% and Nasdaq up 1.6%. US 10Y Treasury yields shot up to 1.62%,...
245 Views
Bank Credit Weekly: One Size Does Not Fit All
Performance attributes varied amongst bank credit classes. Short duration in IG financials combined with high credit spreads in HY and more...
181 Views
Macro; Rating Changes; New Issues; Talking Heads; Top Gainers & Losers
Equities continued to sell-off with S&P down 1.3% and Nasdaq down 2.1%, bringing the tech heavy index to negative territory YTD. US 10Y...
358 Views