IRAN: Trump Speaking on Plane to Wisconsin

Jun-05 17:55

* *TRUMP ON GASOLINE PRICES: WE HAVE A LOT OF ALTERNATIVES * *TRUMP REITERATES IRAN WON'T HAVE NUCLE...

Historical bullets

US TSYS: On Iran's Uranium

May-06 17:52
  • A Likely sticking point to US/Iran negotiations ... a moratorium on enrichment vs. Iran outright relinquishing their uranium is another thing.
  • Trump has waffled on the matter - stating US would go in get it, to he doesn't care about it. Full circle:
    :TRUMP: WILL GET URANIUM FROM IRAN," Bbg
  • Markets ignoring this point, however - Tsys trading firmer but off early morning highs, US $ and crude remains weaker/off lows, while SPX eminis & Nasdaq near record highs, DJIA +1.1%

PIPELINE: Corporate Bond Update: $9B Eli Lilly 8Pt & $4B Westpac 4Pt Launched

May-06 17:40
  • Date $MM Issuer (Priced *, Launch #)
  • 05/06 $9B #Eli Lilly $750M 2Y SOFR+35, $750M 3Y +28, $500M 3Y SOFR+46, $1.5B 5Y +40, $1.25B 7Y +48, $1.5B 10Y +55, $1.75B 30Y +68, $1B 40Y +80
  • 05/06 $4B #Westpac $1.25B 2Y +32, $500M 2Y SOFR+44, $1B 5Y +47, $1.25B 5Y SOFR+71
  • 05/06 $1.5B #Clorox $550M 5Y +70, $400M 7Y +80, $550M 10Y +90
  • 05/06 $1B Level 3 Financing 10.75NC5.25 7.5%a
  • 05/06 $750M MGM China WNG 7NC3 6.25%
  • 05/06 $700M #First Abu Dhabi Bank (FAB) 5Y Sukuk +85
  • 05/06 $500M #SLM Corp 6NC5 +250
  • 05/06 $500M #City of Buenos Aires WNG 10Y 7.375%

US TSY OPTIONS: Scale Buyer Jun'26 10Y Put over 100k

May-06 17:35
  • +20,000 TYM6 110 puts, 11 ref 110-26.5, paid 12 earlier, total volume over 105k