Offline24h
The Bond Market Compass. Navigate Fixed Income, Capture Stable Value.
Category: Uncategorized
-
UST benchmarks edged lower amid mixed economic signals and positioning ahead of year-end. 10Y yield dipped 2bp to 4.13% from 4.15%, while 2Y fell 3bp to 3.46% and 3Y eased to 3.50%. Curve steepened slightly with 10Y-2Y spread widening to 67bp, reflecting hawkish Fed guidance post recent 25bp cut. IG corporate spreads held steady near…
-
UST yields edged higher amid mixed economic signals and ahead of key inflation data. 10Y yield rose 1bp to 4.16%, with 2Y up 1bp at 3.51% and 3Y steady around 3.53-3.56%. Yield curve steepened slightly as short-end gains outpaced long-end, reflecting Fed hawkish cut expectations and resilient growth outlook. Corp spreads tightened 1bp to 81bp,…
-
UST 2Y yield held steady at 3.52% while 10Y eased 1bp to 4.18% amid light trading, steepening the 2s10s curve to ~66bp and signaling persistent term premium expansion. IG corporates retreated -0.30% with spreads widening 7bp over Treasuries on sector headwinds in tech and media; HY dipped -0.13%, underperforming by 17bp as supply hit $7.1B…
-
UST bear-steepened modestly as long-end yields edged higher while the front-end drifted lower, with 2Y around%3.50(-3bp) and 10Y near%4.19(+1bp), pushing 2s10s towards deeper positive territory and reinforcing the post-Fed re-steepening trend driven by lower policy-rate volatility and persistent term premia. The move came against a backdrop of a Fed that has already delivered multiple 25bp…
-
UST 10Y yield edged up 5bp to 4.18% amid Fed hawkish signals post-rate cut, with 2Y rising 2bp to ~3.6% as curve steepens 8bp weekly. IG corporates retreated alongside Treasuries, but HY gained 0.12% outperforming by 33bp on $1.2B inflows; spreads steady at 115-175bp IG, 291bp OAS HY. MBS and EM bonds dipped on duration…
-
UST 10Y yield eased 2bp to 4.14% post-Fed’s 25bp cut to 3.50%-3.75% range, signaling potential pause in easing amid stronger 2025 GDP forecast at 2.3% and sticky inflation near 2.8% PCE. 2Y yield dipped 2bp to 3.52% from 3.54%, 3Y to 3.58%, steepening 2s10s curve by 1bp to ~62bp as long-end underperformed on fiscal deficit…
-
UST 10Y yield held steady at 4.25%, influenced by Fed meeting forward guidance, with markets pricing 85% odds for a 25bp cut in December, though 2026 total easing expectations trimmed to 75bp amid inflation resilience and fiscal deficit concerns. The 2Y/10Y curve steepened mildly by 5bp, highlighting short-end policy uncertainty, as investors shifted toward extending…
-
UST yields rose amid Fed anticipation, with 10Y reaching 4.35%+20bp and 2Y at 4.10%+15bp, flattening the curve by 5bp as short-end lagged. IG credit spreads tightened 2bp to IG19, driven by strong demand for high-grade corporates amid stable macro data, while HY held at HY325 with energy sector outperformance. MBS lagged Treasuries by +3bp on…
-
UST yields ticked higher amid positioning for the upcoming Fed meeting, with 10Y rising to 4.13% on Dec 8 before easing slightly to 4.134%. 2Y yield climbed 4bp to 3.61%, while 3Y reached 3.64%, steepening the curve as short-end lagged longer maturities. IG corporates outperformed Treasuries by 27bp last week despite -0.47% total return, with…
-
UST 10Y yield rose 5bp to 4.11% amid cooler PCE data at 2.8% YoY, signaling persistent inflation pressures despite Fed cut expectations holding at 75% for December. 2Y yield edged up 2bp to 3.55%, while 3Y increased 2bp to 3.53%, steepening the front-end curve as short-end rates reflect hawkish regional Fed rhetoric offset by NY…