U.S. Treasury sells $22 billion of 30 year bonds at a high yield of 4.871%
High-yield 4.871% WI level at the time of the auction 4.878% Tail -0.7 basis points versus 6 month average of +0.2 basis points bid to cover 2.45X versus 6 month average of…
High-yield 4.871% WI level at the time of the auction 4.878% Tail -0.7 basis points versus 6 month average of +0.2 basis points bid to cover 2.45X versus 6 month average of…
European equities finished the session broadly lower, with Spain’s Ibex leading the declines. The selling pressure was fairly widespread across the region as risk sentiment remained cautious. Despite the drop today, the…
The Iran’s Foreign Minister spokesperson says that many ships can still as through the Strait of Hormuz if they coordinate with the Iranian Navy. The conciliatory comments came after a Iran top…
In the opening days of the Iran war, there was something of a shock in markets but then markets settled into the idea that it would be a temporary disruption, with oil…
WTI crude oil is now up 10% and has risen above the highs from Asian trading. Britain’s Defence Secretary says “it’s clear Iran is likely laying mines” in the Strait of Hormuz.…
Prior month housing starts 1.387M Housing starts for January 1.487M vs 1.348M last month Building permits 1.376M vs 1.410M estimate Prior month 1.455M Housing Completions for January: Housing completions (Jan): 1.527M annual…
Prior was -1.30B Exports 62.48B vs 65.55B prior Imports 66.13B vs 66.85B prior Canada’s merchandise exports decreased 4.7%, while imports were down 1.1%. The 4.7% decline is the largest percentage decline since…
Prior was 213K (revised to 214K) initial jobless claims 213K vs vs 215K est 4 week moving average 212K vs 216K last week Continuing claims 1.850M vs 1.850M expected Prior 1.868M revised…
Prior was -72.9B Goods trade -80.8B vs -98.54B This is a better start for Q1 after a big negative surprise in late 2025 on trade. The U.S. international trade report, published jointly…
Iran operations to take weeks, not months Navy escort will happen relatively soon Escorts can’t happen now Hormuz tanker escort likely by the end of the month You will see US working…
India’s inflation rate increases to 3.2% in February, slightly above consensus India reportedly sees first oil vessel reach its port since the US-Iran conflict started US futures step with caution as Middle…
CPI Y/Y 3.2% vs 3.1% expected Prior 2.1% (revised to 2.7%) India’s retail inflation accelerated more than expected in February, reaching 3.21% on an annual basis. This follows a revised reading of…