Updated Corporate Bond List
Tuesday, September 2nd, 2014Via Bloomberg: 09-02-14Bank of Tokyo-Mitsubishi B'Mark Aa3/A+ 5 part 3 yr fxd and/or frn, 5,7 & 10 yr ipt 3 yr fxd +65 area ...
Archive for September, 2014
Via Bloomberg: 09-02-14Bank of Tokyo-Mitsubishi B'Mark Aa3/A+ 5 part 3 yr fxd and/or frn, 5,7 & 10 yr ipt 3 yr fxd +65 area ...
FX Flow Info
Tuesday, September 2nd, 2014Via a fully paid up subscriber: {JN} Our Asia desk reported that Japanese banks were the ones who started the USD/JPY buying overnight and then we saw leveraged names very happy to join in. This took us through the 104.50 region (where we topped out last month) and onto 105.00 tripping ...
Corporate Issuance Thus Far Today
Tuesday, September 2nd, 2014As expected the flip of the calendar to April has brought an issuance tsunami. Via the good folks at Bloomberg is what has hit the tape ( dating myself) thus far. 09-02-14Bank of Tokyo-Mitsubishi B'Mark Aa3/A+ 5 part 3 yr fxd and/or frn, 5,7 & 10 yr ...
Rationale for Low Rates
Tuesday, September 2nd, 2014I have never heard of this particular blog before today but it has a nice little compendium of blogospheric posts on the variety of reasons for low interest rates in spite of the FOMC taper exercise.
Draghi Article
Tuesday, September 2nd, 2014Via the WSJ: What was Mario Draghi up to? Even 10 days after the European Central Bank chief's speech at the annual central bankers' jamboree at Jackson Hole, nobody is quite sure—not the markets, nor policy makers in Berlin, Brussels, Paris, nor even many of his colleagues. To most observers, his call for governments ...
FX
Tuesday, September 2nd, 2014Via Marc Chandler at Brown Brothers Harriman: Dollar Rides High - The driving force behind the dollar’s strength continues to be the divergence between the US on one hand and the euro area and Japan on the other - The YouGov poll found those preferring Scotland to remain within the UK still leading ...
Some Early Corporate Bond Stuff
Tuesday, September 2nd, 2014Via Bloomberg: And IADB Global 2y - I think may be tomorrow's biz 2y 0.496% 10Y 2.386% Nikkei +192 FTSE +16 S&P futs +3.50 IG CREDIT: Quiet Trading Friday; MUFG, NAB, KDB Set to Price 2014-09-02 09:52:39.568 GMT By Robert Elson Sept. 2 (Bloomberg) -- The final Trace count for secondary trading was $5.4b vs $8.11b Thursday and $7.1b the previous Friday. ...
Pricing Short Sellers Out of the Equity Market?
Monday, September 1st, 2014Two bank lobbying groups are petitioning global bank regulators to stable funding rules and liquidity coverage ratios which are an outgrowth of the financial crisis intended to ensure that banks do not suffer the same liquidity issues the next next time a crisis envelops the markets. The bank lobbyists argue ...
Spain’s Half Century
Monday, September 1st, 2014The WSJ reported a few minutes ago that Spain has just sold 1 billion Euros of a 50 year bond with a 4 percent coupon. Nice trade for a debtor who just a few short years ago was being tossed about mercilessly on the shoals of financial infamy and ignominy. ...
FX
Monday, September 1st, 2014Via Marc Chandler at Brown Brothers Harriman: Drivers for the Week Ahead - The week ahead is packed with events and data; there will be little to learn from the PMI data and most of the central bank meetings - In thinking about the EU’s political situation with Russia, many investors seem to ...