EQUITIES: US Cash opening calls

Mar-29 13:23

SPX: 4,014.4 (+1.1%), DJIA: 32,657 (+0.8%/262pts), NDX: 12,769.5 (+1.3%).

Historical bullets

PIPELINE: Bank of England 3Y on Tap

Feb-27 13:22
  • Date $MM Issuer (Priced *, Launch #)
  • 02/27 $Benchmark Bank of England 3Y +16a
  • 02/27 $Benchmark Fiserv 5Y +150a, 10Y +195a
  • 02/27 $Benchmark NatWest 4NC3 +165a, 11NC10 +240a
  • 02/27 $Benchmark Teva Pharmaceuticals investor calls ($500M each 6.5Y, 8.5Y in addition to EUR issuance)

EQUITIES: EU Bank stock call spread

Feb-27 13:22

SX7E (16th June) 120/130cs, bought for 2.15 in 8k.

BUNDS: German Yields continue to rally

Feb-27 13:14
  • Bund is making further 2011 high in Yield, and next Yield area of interest comes at 2.60% = 133.35, followed by 2.65% = 132.78.
  • Gilt has caught up with Bund, pushing the Gilt/Bund spread wider.
  • Next upside resistance comes at 129.21bps, the 2023 high.

Chart source: MNI/Bloomberg.