CUSIP: 91282CBF7Term and Type: 9-Year 10-Month TIPSSeries: A-2031Reopening: YesInterest Rate: 0.125%High Yield: -0.580%Price: $107.620948Allotted at High: 30.77%Total Tendered: $33,854,315,800Total Accepted: $15,334,433,800Auction Date: 03/18/2021Issue…
On Wednesday, European Commission President Ursula von der Leyen threatened to halt exports of EU-manufactured Covid-19 vaccines to the UK unless it reciprocates and starts shipping doses to the EU. The threat reportedly has the backing of Germany, Fra…
CUSIP: 91282CBK6Term and Type: 1-Year 10-Month FRNReopening: YesOffering Amount: 26 BillionAnnouncement Date: 03/18/2021Auction Date: 03/24/2021Issue Date: 03/26/2021Maturity Date: 01/31/2023PDF | XML
While international sportswear giants such as Nike, Adidas and Puma are bitter rivals, they all have one thing in common: they’re trying to cut out the middleman. Just last week, Adidas announced an ambitious four-year plan called “Own the Game”, which…
The ritual has become as old and stale as it has become predictable: A central bank promises to continue the free money spigot and market participants pile into risk assets as we […]
Knight Frank has released its latest House Price Index, which found that global residential property prices are rising at their fastest rate in nearly three years. The company analyzed prices in 56 countries and territories with 89 percent recording an…
The average price for a gallon of gasoline has continued to creep upwards in the United States and it hit $2.85 by March 15, according to the U.S. Energy Information Administration. It was as low as $1.77 last April. Increasing oil prices are the prima…
Ten days ago I posted: The current move projection on the 10 year Treasury yield is 1.70. Longer projections point higher. I update that regularly in…
Here is the list of charts my screens spit out today. This is unfiltered. These are not recommendations. I figure you know enough that you can look at some of these on your own charts and do with them what you will.
Asia was just fine with whatever Lord Jaysus said yesterday. I didn’t watch his dog and pony show but I understand that he promised steady as she goes until time immemorial. And apparently he did say, as I expected, “All is well, remain calm,” in ref t…