Italy will look to sell E6.5bln of the new 6-month Mar 31, 2026 BOT at its auction on Friday 26 September.
Note that the auction was previously scheduled for Thursday 25 September - we are not sure if this is a typo in the MEF press release or whether the date has changed.
US TSYS: Extending Lows As Fed Speaker Trio Gets Underway
Sep-22 16:07
Treasury futures extending lows with Fed Gov Miran headlines crossing: sees appropriate FF rate "roughly 2-2.5%"
Currently, the Dec'25 10Y trades -2.5 at 112-21.5 (yld 4.1486% +.0212) - technical support at 112-22/112-15+ (Low Sep 19 / High Aug 5 and 14).
Curves mixed: 2s10s -.395 at 54.983, 5s30s +1.329 at 107.668.
US$ index softer, Bbg's BBDXY -0.98 at 1197.52.
US STOCKS: Late Morning Equities Roundup: Nasdaq & SPX New Highs, Tech Support
Sep-22 15:58
Stocks are firmer ahead midday Monday - SPX eminis and Nasdaq indexes extending record highs with the DJIA not far off Friday's record high of 46,396.47.
Currently, the DJIA trades up 5.36 points (0.01%) at 46314.79, S&P E-Minis up 7.5 points (0.11%) at 6729.75 vs. 6737.50 high, Nasdaq up 60.4 points (0.3%) at 22692.67 vs. 22709.97 high.
Information Technology sector shares continued to lead gainers in the first half with hardware makers outperforming: Teradyne +9.36%, Skyworks Solutions +5.21%, Oracle Corp +4.36%, Western Digital +4.23% and Apple +4.15%.
Meanwhile, Health Care and Consumer Discretionary sector shares also supported indexes: pharmaceuticals primarily supported the former: Moderna +6.72%, Universal Health Services +2.13%, Pfizer +2.12% and Molina Healthcare +2.00%; while Tesla +3.82%, NIKE +1.69% and Yum! Brands +1.22% supported the Discretionary sector.
On the flipside, Consumer Staples and Financial Services sector shares underperformed: Kenvue -6.92%, Archer-Daniels-Midland -3.67%, Keurig Dr Pepper -3.32%. Meanwhile, Coinbase Global -3.61%, Interactive Brokers Group -2.09% and KKR & Co -1.84% weighed on the Financial Services sector.