Bonds - USD
USD Swaps: 10y yields held by extension; SOFR alternatives
USTs are in the middle of their narrow May range ahead of Trump's keenly awaited China plans. Barclays looks at alternatives to SOFR.
Basis Swaps: USD on a roll in busy issuance market
After a quiet start to the week, both sides of the Atlantic are seeing strong issuance, with USD supply from non-domestic issuers booming.
USD Swaps: 7y auction looms; Fiscal cliffs
Treasuries are little-changed as Dow futures stay in the green and 7y supply looms.
USD Swaps: Europe leads; What's next for the Fed?
The proposed launch of the EU Recovery Fund is supporting global risk assets.
USD New Issues: Nearing $1trn YTD; Slower pace emerging
Just over $48bn priced last week in a solid outing of new issuance. IG new issues YTD is now just under $1trn, but sources see the pace slowing.
USD New Issues: IG volume comes off highs; Further slowdo...
$66.4bn in IG issuance priced last week, lower than the high expectations of $74bn.This week surveys anticipate around $35bn.
USD New Issues: Bountiful week, but some cracks appear
$98.25bn priced in IG new issues, making it the third highest weekly volume week, but investor reception at the end of the week soured a bit.
Basis: Rush for cash weighs, but largely sidesteps basis
A rush for cash this week, from anybody and everybody able to sell bonds, subsided today but not much of this action had been seen in basis.
USD Swaps: Long end cheaper; LIBOR news
Long spreads are continuing to tighten and some banks see more to come. Regulators update on LIBOR and fallbacks.
USD New Issues: Update
An update of today's USD new issuance.