US treasuries bear flattened as equities rallied amid action taken to stabilize ailing banks. 2yr yields jumped to 4.20 vs overnight lows...

The March FOMC meeting is now priced between a pause and a 25bp hike, but looking further forward markets are now pricing in sharp cuts,...

The humble canary was used in UK mines until 1986, a simple effective indicator of a dangerous situation. We don't have to highlight what ha

The US February CPI data came in a bit stronger than expectations, with headline and core rising by 0.4% and 0.5% respectively from...

At the crux of the discussion surrounding the best possible outcome for SVB depositors is the ongoing interpretation of the anticipated acti

In the U.S. Consumer Confidence retreated yesterday as house price inflation was seen cooling. There was an unexpected jump in inflation,...

US retail sales. Headline up 3% mom in January, consensus at 2%mom, core up 2.6%mom, consensus at +0.9%mom, and with upward revisions to...

Indonesia and Philippine sovereign bonds performed well yesterday, spreads tightening by up to 6bps to UST’s, Quasi sovereigns performed...

Asia IG was mostly about Korea new issues on Friday, China IG was subdued with real money side-lined ahead. China HY continued to slide...

US Jobless claims were up. Initial claims up 13k to 196k and continuing claims up 33k to 1688k, both higher than expected, although...

Asia credit has been under scrutiny for a while now. 2022 was the year of China Property, 2023 the attention has switched to India,...

Fed's Powell's message was Hawkish: The disinflationary process has begun but, to quote, it has a "long way to go"; the "process will be...