Govies gain after Dovish statements from the Fed

Govies gain after Dovish statements from the Fed

Govies gain after Dovish statements from the Fed 📍 Treasury bonds continued their November rally as investors assessed mixed sales of US government paper in the context of wagers that the Federal Reserve will stop raising interest rates. Strong demand was seen in the...
New AT1 Bond issue from UBS since Credit Suisse collapse

New AT1 Bond issue from UBS since Credit Suisse collapse

New AT1 Bond issue from UBS since Credit Suisse collapse 📌 The much-anticipated AT1 bonds will be sold by UBS and it will be the first time since CS’ write-down of about USD 17 billion debt. According to a person informed about the deal, there should be two tranches...
Govies gain after Dovish statements from the Fed

Is the Fed done with hikes?

Is the Fed done with hikes? 📌 On Wednesday, Fed Chair Jerome Powell hinted that the central bank might be done with its ultra-aggressive tightening policy as it kept rates stable in the range of 5.25%-5.50% for two meetings in a row. He also stated that slowing down...