Bond Market Insights - Fri, 30 Sept 2022
Thursday was a weak session for Asia Financials, spreads 5-20bps wider with AT1 down 50c-1pt. Client feedback is that dealers are pulling...
- Sep 29
- 2 min
Bond Market Insights - Thurs, 29 Sept 2022
The scale of the UK Gilt market rout that was close to wiping out pension funds can be demonstrated by UKT 1.25% 2051 sank to around at...
19
- Sep 28
- 2 min
Bond Market Insights - Wed, 28 Sept 2022
Asia HY moves were dominated by CIFI Holdings, the 13th larges builder by contracted sales. Its equity plunged 27% to trade below HK$1....
10
- Sep 27
- 2 min
Bond Market Insights - Tues, 27 Sept 2022
Selling of Asia IG on Monday pushed CDS up 10bps, while China, Japan and Korean bonds were held to a 4-6bp widening. There were balanced...
22
- Sep 26
- 3 min
Bond Market Insights - Mon, 26 Sept 2022
Pakistan was busy on Friday, after the PM spoke of needing debt relief in the UNGA. Bonds corrected sharply lower 6-12pts. Subsequently...
12
- Sep 25
- 2 min
Bond Market Insights - Sun, 25th Sep 2022
China property space had a mild correction into the weekend. AGILE fell a further 4-5pt and closed with a $30 handle. Real money and...
13
- Sep 22
- 2 min
Bond Market Insights - Wed, 22 Sept 2022
The dot plot was a bit more aggressive than expected at 200bp by end-2022 instead of 175bp with the terminal rate raised to 4.6% and a...
24
- Sep 21
- 2 min
Bond Market Insights - Wed, 21 Sept 2022
Current market trends continued yesterday. Fosun was off 3pts, with selling from real money and private banks. China property was mixed...
19
- Sep 20
- 2 min
Bond Market Insights - Tues, 20 Sept 2022
Asia IG was mostly unchanged to a tad wider. Real money was chasing short to mid dated China Bank Leasing paper. Korean long end was...
10
- Sep 19
- 2 min
Bond Market Insights - Mon, 19 Sept 2022
Asia Credit was muted today with Japan is out for Respect for the Aged Day and ahead of the UK’s break for the funeral of Her Majesty...
13
- Sep 16
- 2 min
Bond Market Insights - Fri, 16 Sept 2022
At last, some supply for Asia credit. Two 3yr deals came on Thursday, $300mm Korean Airlines (Aa2/AA) 4.75% 9/25 and a small $100mm green...
15
- Sep 15
- 2 min
Bond Market Insights - Thurs, 15 Sept 2022
China IG remained firm tone despite CPI on Wednesday. Fast money accounts were trying to short 10-year papers initially, to hedge overall...
12