killocell.blogg.se - How to maximize eastwest quantum leap

3% is really easy to see, and I wouldn’t rule out that we could see 4%.” We think the risk is that it is not… Ten-year Treasury yields have decent room to run. “Markets are discounting that you are going to have inflation not back down to 2%, but to around 3%, over the next three years - and that’s with a lot of Fed tightening… The question to us is if it’s enough to get inflation to where markets are discounting it. Rebecca Patterson, Chief investment strategist at Bridgewater Associates On Bridgewater’s Top Strategist Says Fed Has to Ramp Up Rate Hikes It’s going to be delicate… But we do need to raise interest rates to moderate that spending growth and get inflation back to target.” We need to cool growth, to cool inflation…. That’s creating domestic inflationary pressures. “If you boil it down, the economy is overheating. On Canada’s economy ‘overheating,’ higher rates needed – Governor Tiff Macklem economics team estimates will be equivalent to a couple additional 25 basis-point rate hikes… will push the economy into a significant recession by late next year “We assume conservatively that a Fed funds rate moving well into the 5% to 6% range will be sufficient to do the job this time… This is partly because the monetary-tightening process will be bolstered by Fed balance-sheet reduction, which our U.S. Recessionĭavid Folkerts-Landau, group chief economist and head of research On Deutsche Bank Seeing 5-6% Fed Target Rate and Deep U.S. Orient Securities, yesterday issued a €100mn 3Y Yulan bond at a yield of 1.76%

For mid-sized Chinese companies with little experience in global markets, Yulan bonds offer “much wider access to an international investor base, and… a lower cost of borrowing”, said Ms Urbain, CEO of Euroclear Bank. Whilst similar to traditional dollar and euro denominated bonds, Yulan bonds will help international investors be able to benefit from real time multi-currency DVP (delivery-vs-payment) settlement with any counterparty within Euroclear Bank’s network where Chinese issuers are expected to access a deeper liquidity pool in a cost efficient way. Yulan bonds named after Shanghai’s city flower, a ‘magnolia’ are bonds that are denominated mainly in US Dollars and Euros which are issued through Shanghai Clearing House, a Chinese interbank bond market clearinghouse. Air Canada Outlook Revised To Stable From Negative On Improving Passenger Traffic ‘B+’ Issuer Credit Rating Affirmed.Adani Electricity Mumbai Outlook Revised To Stable From Negative ‘BBB-‘ Rating Affirmed.Indonesia Outlook Revised To Stable From Negative ‘BBB/A-2’ Ratings Affirmed.Fitch Affirms Digicel Group Ltd and DIFL Downgrades Digicel Ltd Removes Rating Watch Positive.Fitch Downgrades Seazen Group and Seazen Holdings to ‘BB’, Outlook Negative Off RWN.

Odebrecht Offshore Drilling Finance Debt Rating Raised To ‘B-‘ From ‘CCC+’ On Recontracting Of Vessel, Outlook Stable.

Continuum Energy Aura hires for $ Green Bond.

Kookmin Card hires for $ Sustainability bond.

Korea East-West Power $ 3Y at T+130bp area.

Asia ex-Japan CDS spreads were 4.5bp tighter. EU Main CDS spreads were 0.4bp wider and Crossover spreads were 4bp wider. US IG and HY CDS spreads widened 0.3bp and 3.4bp respectively. Asian markets have opened higher – Shanghai, HSI, STI and Nikkei were up 0.3%, 1.2%, 0.2% and 0.9% respectively. In the Middle E ast, UAE’s ADX was down 0.2% while Saudi TASI was up 1%. European markets were broadly higher – DAX, CAC and FTSE were up 0.3%, 0.5% and 0.5% respectively. US 10Y Treasury yields moved 7bp higher to 2.83% as the risk-off sentiment eased slightly. Sectoral gains were led by Energy, Materials and IT, up over 1% while Communication Services were down 2.6%, leading the losses. US equity markets saw a minor respite, with the S&P up 0.2% while Nasdaq was flat after a massive sell-off on Tuesday.