New Issue Recap Cur Issuer / Obligor Rating (M/S/F) Tenor IPG / FPG Rank Denoms (k) Nature Price Guidance Yield (%) USD Korea Housing Finance Corporation Aaa / AAA / 5Y SOFR + 115bps area / Secured 200 x 1 Live Deal 5.43 SGD DBS Trustee Limited (IREIT Global) / / 3Y 6.25% area /…...
Today’s Brief Overall Market Sentiment Credit markets experienced a significant relief rally, responding strongly to the news of de-escalation in the trade tensions between the US and China over the weekend. This positive sentiment fueled a grab for risks in almost everything, leading to a strong session for cash credit. Markets closed at the tights…...
Today’s Brief US Treasury Market and Bond Yields On May 12, Treasury yields were higher before the opening bell. US Treasuries started the week on a sharply lower note. Intraday action saw a rise past the day’s opening levels, but the market found renewed pressure in the late morning, returning to lows as the day…...
YestClose 1D chg YTD chg YestClose 1D chg YTD chg Yields and Spreads (bps) Commodity DE10Y 2.65 8.6 28.1 Gold 3236.14 -2.70% 23.35% BP10Y 4.64 7.6 7.5 Silver 32.64 -0.40% 12.95% JP10Y 1.46 8.6 35.7 Copper 457.85 0.40% 12.79% AU10Y 4.41 0 4.9 Soybean 1066 2.80% 4.28% US10Y 4.45 9.2 -12 Wheat 499 -2.70% -11.29%…...
AllianceBernstein sees unexpected stability in high-yield bonds amid rising volatility and shifting investor sentiment. Summary This article consolidates findings from a recent AllianceBernstein report focusing on the role of high-yield bonds in today’s uncertain financial landscape. Key Highlights by AllianceBernstein Conclusion AllianceBernstein highlights that high-yield bonds currently represent a rare combination of attractive yield and…...
In our previous article, “Build a Resilient Yield: A Barbell Strategy with the Market’s Most Traded Bonds,” we discussed how the barbell strategy has demonstrated resilience and flexibility this year—striking a balance between the stability of short-term holdings and the growth potential of long-term positions. In this piece, we turn our focus to the current…...
Overall Market Sentiment Credit markets rallied strongly following the weekend’s de-escalation in US-China trade tensions, triggering a broad risk-on response across global assets. Investor confidence improved notably, reversing defensive positioning and supporting credit and equity markets alike. Regional Market Performance Credit spreads compressed broadly across regions as optimism spread through global markets, especially in the…...
Overall Market Sentiment Credit markets rallied strongly following the weekend’s de-escalation in US-China trade tensions, triggering a broad risk-on response across global assets. Investor confidence improved notably, reversing defensive positioning and supporting credit and equity markets alike. Regional Market Performance Credit spreads compressed broadly across regions as optimism spread through global markets, especially in the…...
BlackRock sees U.S. equities holding firm with strong earnings, J.P. Morgan signals rate cut delays due to persistent inflation, while Citi and T. Rowe Price spotlight diverging global growth and currency volatility. Summary Global financial markets are navigating a transitional phase, with U.S. equities outperforming expectations—S&P 500 has gained +2.1% month-to-date—while bond markets remain sensitive…...
Company Profile Mitsubishi UFJ Financial Group is a globally systemically important bank (G-SIB) with a strong capital position, diversified business operations, and a significant international footprint. As the issuer of the MUFG 5.615% 24 Apr 2036 (USD) bond, its solid credit profile and strategic initiatives make it a reliable choice for institutional and long-term investors…....
