Archive
Daily Archives: 24th September 2018
24th September 2018
- by Suki Mann
Ruby Tuesday
| MARKET CLOSE: | ||
| iTraxx Main
69.7bp, +1.4bp |
iTraxx X-Over
270.1bp, +5.5bp |
🇩🇪 10 Yr Bund
0.51%, +5bp |
| iBoxx Corp IG
B+129.4bp, unchanged |
iBoxx Corp HY
B+376.2bp, -3.5bp |
🇺🇸 10 Yr US T-Bond
3.08%, +2bp |
| 🇬🇧 FTSE 100 [wp_live_scraper id=”17″], [wp_live_scraper id=”18″] | 🇩🇪 DAX [wp_live_scraper id=”19″], [wp_live_scraper id=”20″] | 🇺🇸 S&P 500 [wp_live_scraper id=”21″], [wp_live_scraper id=”22″] |
Cautious start to the week…
The market’s positive momentum of last week was checked as trade tensions rose with the US imposing tariffs on $200bn of Chinese goods and China broke off from further talks. There might have been moderate weakness in both equities and government bond markets during the opening session of the week, but it wasn’t going to deter primary market deals, and especially the much-touted acquisition finance multi-tranche Abbot Laboratories deal.
Others were in the market too and several new mandates were dished out promising a decent final quarter for the primary corporate bond market. And it looks like we are going to have a fairly heavy week of issuance with Vodafone looking to print in hybrid format on Wednesday.
