New Issue Investment Grade Credit had a very quiet December with issuance of just $18.9 billion just below monthly consensus as we closed out year end and entered holiday mode. The total year to date volume came in at $1.109 trillion off just 4% from 2018’s high. The U.S. investment grade credit market will look … Continued
U.S. Treasury yields rose Monday in a holiday-truncated week as traders made room for a sale of short-term government debt in the afternoon. Analysts warned that trading volumes is thinning out as investors vacate their offices for Christmas. What are Treasurys doing? The 10-year Treasury note yield TMUBMUSD10Y, 0.591% rose 1.8 basis points to 1.934%, … Continued
Should investors jump back on the reflation train? That s a question many have started to ask as two major sources of uncertainty which have long kept investors on edge in 2019 appear to be clearing away this week, smoothing the runway towards higher long-term government bond yields next year. With a U.S. – China … Continued
Monday minutes for December 16, 2019 with AmeriVet Securities U.S. Head of Rates Greg Faranello, CFA.
Our Head of Veteran Engagement Mercedes Elias was invited to participate in service academy interviews for nomination by Senator Kirsten Gillibrand. At AmeriVet, we are not only concerned with taking care of the veteran community, but also ensuring we have successful leaders joining our active duty ranks in the future. Over the course of the … Continued
The Fed leaves rates unchanged as expected. More importantly and a theme we’ve been discussing, is the Fed’s concern of missing their 2% inflation target. Although the bar for future cuts has been set high it’s even higher for future hikes. Let’s take a look: THE MARKETS There was nothing in the Fed meeting short-term … Continued
U.S. Treasury yields climbed on Thursday following reports that the U.S. could trim existing import tariffs on Chinese goods, as well as delaying those set to kick in on Sunday, reducing the risk that President Trump’s trade war will further undermine global economic growth. What’s driving Treasurys? The 10-year Treasury note yield TMUBMUSD10Y, 0.615% jumped … Continued
Monday minutes for December 9, 2019 with AmeriVet Securities U.S. Head of Rates Greg Faranello, CFA.
Stocks dipped on Tuesday as a looming U.S.-China trade deadline dampened investor sentiment. The Dow Jones Industrial Average closed 27.88 points lower, or 0.1% at 27,881.72. The S&P 500 also lost 0.1% to close at 3,132.52. The Nasdaq Composite dipped 0.1% as well to 8,616.18, dragged down by Netflix. China and the U.S. have until … Continued
Our Head of Veteran Engagement Mercedes Elias speaking on Fox Business News Mornings with Maria to discuss veteran’s issues and our commitment to veterans.