IRAN: Risk-Positive Move On Headlines Re: Removal Of Sanctions On Iraqi Cos

Aug-05 14:18

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Risk-positive market moves follow a RTRS noting that "The United States has removed counterterrorism...

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STIR FUTURES: BLOCK: More Sep'26 SOFR Selling

Jul-06 14:16
  • -8,000 SFRU6 96.135. post time bid at 1007:46ET

PIPELINE: Corporate Bond Update: $2B BMO 3Y SOFR Launched

Jul-06 14:13
  • Date $MM Issuer (Priced *, Launch #)
  • 07/06 $2B #BMO 3Y SOFR+40
  • 07/06 $750M Dangote Petroleum 5NC2 7.5%a
  • 07/06 $Benchmark CIBC 60.5NC5.5 7%a
  • 07/06 $Benchmark IFC 5Y SOFR+33a
  • 07/06 $Benchmark KT Corp 3.5Y +85a
  • 07/06 $Benchmark Nationwide 6NC5 +110a, 11NC10 +130a
  • 07/06 $Benchmark BFCM 3Y +95a, 3Y SOFR+95a, 6NC5 +125a
  • 07/06 $Benchmark ENEL Finance 3Y +90a, 5Y +105a, 10Y +130a
  • 07/06 $Benchmark Toyota Motor Credit 3Y +65a, 3Y SOFR, 7Y +90a
  • 07/06 $Benchmark American Honda 3Y +90a, 3Y SOFR, 5Y +110a, 7Y +120a
  • 07/06 $Benchmark Energy Transfer LP 30NC5 6.87%, 30NC10 7.12%a
  • 07/06 $Benchmark US Steel 5Y, 10Y investor calls
    • Expected Tuesday:
    • 07/07 $Benchmark Republic of Italy 5Y, 10Y, 30Y

US TSYS: Post-ISM Data React

Jul-06 14:06
  • Treasuries extend session lows after latest ISM data: Services decline - but in line with estimates, New Orders retreats more than estimated while Service Employment comes out higher than estimated.
  • TYU6 down to 109-18 (-.5) before bouncing to 109-19 (+.5). First key support to watch remains 109-06, the Jun 22 low. Clearance of this level would be bearish.
  • Projected rate hike pricing firms slightly vs. early morning levels (*): Jul'26 at +6bp, Sep'26 at +16.6bp (+16.1bp), Oct'26 at +21.5bp 20.4bp), Dec'26 +30.6bp (+29bp).