Outlook for the week
Key economic releases for the week
Last Week Summary
The Federal Reserve’s dovish stance on monetary policy did not convince the market. The Treasury yields continue soaring and equity markets remain volatile. The 10Y and 30Y treasury yields both hit respective highs of 1.71% and 2.45% as future inflation fears perpetuate the treasury bond sell off. US$5.01bn of bonds was issued from 16 deals. Breakdown: Investment Grade: US$2.5bn, High Yield: US$2.4bn, Non-Rated: US$110mn.
3 outstanding mandates were announced during the last two weeks.