This year’s Financial Stability Review seems slightly more gloomy than last year’s. With headings like “When The Music Fades” and “When The Tide Goes Out”, are they sending out subtle hints ? I… Continue reading
IRS Slow but steady week with nice technical moves in the swaps. Thin liquidity allowed breaks upwards after failing to break lower into month end. The 5Y swap broke above its 50 day… Continue reading
The risk of higher yields is not a chart-able affair. The new market paradigm is emerging : The Fed is concerned only about short term rates and has commited to keep them low… Continue reading
Nov. 28 (Bloomberg) — Person familiar with the matter says. • Issuer: Manta 2 Holdings Limited to be amalgamated with Miclyn Express Offshore (MEO) • Guarantors: Unconditional and irrevocable guarantee from each material… Continue reading
Economic News 3Q Final GDP +1.3% QoQ vs expected -0.3% 3Q Final GDP +5.8% YoY vs expected +5.3% Oct CPI +0.2% MoM vs expected +0.2% Oct CPI +2% YoY vs expected +2.1% Oct… Continue reading
*** NEW ISSUE: OXLEY SGD 3 YR ISSUE *** Issuer: Oxley Holdings Limited Status: Direct, unconditional, unsubordinated and unsecured Notes Rating: Unrated Format: Reg S, S274 & 275 of Singapore SFA Tenure: 3… Continue reading
What a week it has been ! … watching paint dry. US treasury bond prices are back to lower to Oct shut down levels and we have some fanciful reports out today suggesting… Continue reading
Larry Summers, perhaps best known for making foot-in-mouth remarks about women while a Harvard president, had recently remarked in polite circles that: “…we may well need in the years ahead to think about… Continue reading
Economic News Sep Retail Sales Ex Auto +0.3% YoY vs expected +1.8% Sep Retail Sales +0.5% MoM vs expected +1.0% Sep Retail Sales -5.9% YoY vs expected -4.4% Oct Electronics Exports -1.4% YoY… Continue reading