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Bond Market Insights - Thurs, 16 Feb 2023
US retail sales. Headline up 3% mom in January, consensus at 2%mom, core up 2.6%mom, consensus at +0.9%mom, and with upward revisions to...
Feb 16, 20233 min read
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Bond Market Insights - Wed, 15 Feb 2023
Indonesia and Philippine sovereign bonds performed well yesterday, spreads tightening by up to 6bps to UST’s, Quasi sovereigns performed...
Feb 15, 20233 min read
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Bond Market Insights - Mon, 13 Feb 2023
Asia IG was mostly about Korea new issues on Friday, China IG was subdued with real money side-lined ahead. China HY continued to slide...
Feb 13, 20232 min read
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Bond Market Insights - Fri, 10 Feb 2023
US Jobless claims were up. Initial claims up 13k to 196k and continuing claims up 33k to 1688k, both higher than expected, although...
Feb 10, 20231 min read
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Bond Market Insights - Thurs, 09 Feb 2023
Asia credit has been under scrutiny for a while now. 2022 was the year of China Property, 2023 the attention has switched to India,...
Feb 9, 20232 min read
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Bond Market Insights - Wed, 08 Feb 2023
Fed's Powell's message was Hawkish: The disinflationary process has begun but, to quote, it has a "long way to go"; the "process will be...
Feb 8, 20232 min read
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Bond Market Insights - Tues, 07 Feb 2023
The softness in the short end of UST’s started in Asia yesterday and significantly accelerated once New York came in after Fed’s Atlanta...
Feb 7, 20232 min read
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Bond Market Insights - Fri, 03 Feb 2023
Markets interpreted the FOMC as more dovish than expected causing an aggressive rally In Asian credit yesterday. INDON and PHIL US$...
Feb 3, 20232 min read
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Bond Market Insights - Thu 02 Feb 2023
FOMC played out largely as expected with the Fed hiking rates by 25bps in a unanimous vote. During the press conference however, Powell...
Feb 2, 20231 min read
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Bond Market Insights - Tues, 31 Jan 2023
Australia: Buyers of Aussie bank T2 paper, spreads 1-3bps tighter. Bank of New Zealand issued BZLNZ 4.846 02/07/28 US$850mm senior...
Jan 31, 20231 min read
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Bond Market Insights - Mon, 30 Jan 2023
Asia IG and Australia CDS markets open unchanged with sentiments turning soft for most of last Friday. Cash bond markets start 1-2bp...
Jan 30, 20232 min read
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Bond Market Insights - Fri, 27 Jan 2023
The report on the Adani Group by activist short seller Hindenburg caused the curve to sell off 12-13pts in IG names, and 15-16pts in HY....
Jan 27, 20232 min read
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