EMISSIONS: 28 Environmental Organisations Calls For UK-EU ETS Linkage
May-02 13:07
A coalition of 28 environmental and public health organisations has urged formal UK-EU ETS linkage ahead of the 19 May Summit, according to the joint letter.
- It argued that formally linking the EU-UK ETS would reinforce joint climate ambition and help both achieve net-zero targets.
- The coalition includes the European Environmental Bureau (EEB), CHEM Trust, ClientEarth, the Environmental Investigation Agency and Environmental Justice Network Ireland.
- “The Summit will be a historic moment for the EU and UK to reset their relations and to cooperate on their shared ambitions and values. Environmental degradation, the climate crisis and pollution are common existential threats that require common solutions,” said Francesca Carlsson, EEB and Member of the EU Domestic Advisory Group.
Want to read more?
Find more articles and bullets on these widgets:
Historical bullets
STIR: Effective Fed Funds Rate
Apr-02 13:05
- FRBNY EFFR for prior session:
- Daily Effective Fed Funds Rate: 4.33% (+0.00), volume: $112B
- Daily Overnight Bank Funding Rate: 4.33% (+0.00), volume: $264B
- Earlier Repo Reference Rates
- Secured Overnight Financing Rate (SOFR): 4.39% (-0.02), volume: $2.589T
- Broad General Collateral Rate (BGCR): 4.35% (-0.01), volume: $972B
- Tri-Party General Collateral Rate (TCR): 4.35% (-0.01), volume: $936B
- (rate, volume levels reflect prior session)
US TSYS: Goldman Revise Year-End Yield Forecasts Lower
Apr-02 13:01
Goldman Sachs note that their “economists' revised tariff baseline complicates the outlook for rates given the opposing impulses on growth and inflation”.
- They ultimately expect the “growth downside to dominate, resulting in lower yields and a steeper curve this year. We have revised our end of ‘25 2-Year and 10-Year yield forecasts to 3.30% and 4.00%, from 3.95% and 4.35%, respectively”.
PIPELINE: Corporate Bond Roundup: Holcim Finance 4Pt on Tap
Apr-02 13:00
- Date $MM Issuer (Priced *, Launch #)
- 04/02 $Benchmark Holcim Finance 2Y +95a, 3Y +105a, 5Y +125a, 10Y +145a
- $6.45B Priced Tuesday
