Bonds - USD
USD New Issues: Update
Update on today's new issuance.
USD New Issues: Update
Update of today's USD issuance pricings.
USD New Issues: Better than expected July finish; Big wee...
Last week saw a better than anticipated finish with $25.5bn. Alphabet's 6-part is leading today's robust start, with $32bn expected for the week.
Basis: Hungry for gamma in pancake-flat market
In a year of statistical firsts a flatter basis swaps curve will not earn a ‘Bong’ moment on the ITV news, but gamma flow is weighing heavily upon it.
USD New Issues: AT&T; July volumes missing mark
AT&T announced a 5-part today, afteroverall volumes were anemic last week. July MTD at $41.6bn is well under expectations, with one week left to go.
USD Swaps: Supply weighs as drama fades; AT&T whopper
Summer trading is to be expected in this final week of July, but with some investors wary of the beach, corporate borrowers have other summer plans.
USD New Issues: Issuance dips as banks sidelined
Only $11.9bn (ex. SSA) managed to cross the finish line in the IG new issuance race last week as big U.S. banks stood pat.
Basis: Canadians stand tall; Dim Sum off the menu?
Cometh the hour, cometh the Canadian. An embarrassing lack of issuance as been partly filled by Canadians. Elsewhere, traders fear for Dim Sums.
USD New Issues: Running out of gas; Big slowdown?
$22.78bn priced in IG new issuance last week, but volumes slowed down significantly after a strong start. Sources see more of a slowdown ahead
USD Swaps: Bumps; What next for LIBOR and SOFR?
The Atlanta Fed chief warns of a bumpy road ahead. Banks ask what's next for LIBOR and SOFR?