Archive for the ‘Uncategorized’ Category

Foreign Flows into US Credit Product

Sunday, May 16th, 2021

Weekly Foreign Flows to Long-Dated U.S. Credit Surge: Barclays2021-05-14 13:33:59.208 GMT By Jack Pitcher(Bloomberg) -- Foreign flows into longer-dated U.S. creditthis week were the highest of the year, potentially due toexpectations that hedge-adjusted yields will increase, accordingto Barclays strategists.* Foreign flows, measured by net dealer-to-affiliate volume,into the 7-12 year and 12 ...

DeutscheBank to Change Way It Covers Fixed Income Clients

Wednesday, May 12th, 2021

Deutsche Bank Overhauls Fixed Income Sales in Ongoing Cost Drive2021-05-12 16:14:57.403 GMT By William Shaw and Steven Arons(Bloomberg) -- Deutsche Bank AG is rearranging how it sellsfixed-income trading products as it seeks to lower costs whileavoiding falling revenue at the company’s biggest source ofincome.The new model will divide the coverage team ...

Amazon Deal With All Tranches and Pricing

Monday, May 10th, 2021

BFW 05/10 17:11 GUIDANCE: Amazon $Benchmark Debt Offering in 8 PartsBFW 05/10 12:14 NEW DEAL: Amazon $Benchmark Debt Offering in 8 Parts (1)BFW 05/10 12:03 NEW DEAL: Amazon $Benchmark Debt Offering in 8 Parts LAUNCH: Amazon $18.5b Debt Offering in 8 Parts2021-05-10 18:42:50.919 GMT By Michael Gambale and Bloomberg Automation(Bloomberg) -- Deal ...

Long Time Bond Bull Still Bullish

Saturday, April 10th, 2021

Hoisington Says Bonds Will Soon Escape ‘Inflationary Psychosis’2021-04-09 19:18:37.433 GMT By Elizabeth Stanton(Bloomberg) -- Inflation fears, a key driver of theTreasury market’s biggest quarterly loss in decades, are a“psychosis” that will fade away over the course of the year,Hoisington Investment Management Co. said in its latestquarterly report.“Contrary to the conventional wisdom, ...

Huge Short in TLT

Tuesday, April 6th, 2021

Short Bets in $14 Billion Treasury ETF Say Yield Calm Will Break2021-04-06 16:17:24.422 GMT By Katie Greifeld(Bloomberg) -- As Treasury yields stall near theirprepandemic highs, investors are wagering that the tranquilitywill be short-lived.Short interest in the $14 billion iShares 20+ Year TreasuryBond exchange-traded fund (ticker TLT) has climbed to about one-fifth ...

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Monday, February 22nd, 2021

four score and seven years ago our forefathers

Monday, February 22nd, 2021

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Corporate ETFs and Risk Appetite

Wednesday, January 24th, 2018

Via Bloomberg : Bond ETFs Awash in Pain May Be Red Flag for Risk Appetite (1) 2018-01-22 14:56:05.415 GMT By Dani Burger and Sid Verma (Bloomberg) -- U.S. corporate debt exchange-traded funds have bled a near-historic sum of assets over the past two weeks, but holders of the underlying securities are paying little heed. The bonds themselves ...

Margin Debt

Thursday, December 28th, 2017

Via Bloomberg; Margin Debt Ratio at NYSE Rises To Most Speculative Since 2003 2017-12-28 14:07:01.421 GMT By Bloomberg Automation (Bloomberg) -- Net debt in New York Stock Exchange customer margin accounts rose to 1.03 percent of companies’ market capitalization in November, the most in data going back to 2003 and a signal that traders became more speculative. * ...

Nary a Whiff of Inflation Here

Saturday, October 14th, 2017

Via Bloomberg: Cleveland Fed Oct. 10Y Inflation Expectations Rose to 1.89% 2017-10-13 18:11:10.646 GMT By Alex Tanzi (Bloomberg) -- Suggests inflation expectations of less than 2% on average over the next decade, according to the Cleveland Fed. * One year inflation expectation at 1.95% v 1.74% a year ago * 5Y inflation expectation at 1.81% v 1.59% a ...