CREDIT MARKETS

Treasuries:
Treasury 30-year bonds gained for the first time in three days as investors sought higher returns amid signs the economy is recovering without an acceleration in inflation. The difference in yields between two- and 10-year notes narrowed by 0.06 percentage point to 2.45 percentage points, the first flattening of the yield in four days. A treasury report showed today that international investors accumulated Treasuries in August for third straight month. Ten-year note yields fell 6 basis points to 3.40 percent. Yields on two-year note rose for a third day, climbing 1 basis point to 0.95 percent, after a report showed industrial production rose more than three times as much as anticipated in September, adding to signs of the emerging economic recovery. Thirty-year bonds declined last week by the most in four months after an auction of $12 billion of the securities was met with less than average demand. Economic news for this week: Existing Home Sales and Leading Indicators.

Commentary/New Issues
Corporate:
$689.74MM, NYC TRANSITIONAL FINANCE AUTHORITY, 7-PT: (8S,9S,10S,11S,12S,25S & 30S) AA2/AAA: $17.04M, 4.366%, 8/1/17, 4.366bp; $17.74M, 4.466%,
8/1/18, 4.466bp, $18.49M, 4.566%, 8/1/19, 4.566bp; $19.29M, 4.666%, 8/1/20, 4.666bp; $20.135M, 4.766%, 8/1/21, 4.766bp; $472.045M, 5.767%, 8/1/36, 5.767bp;
$125M, 6.267%, 8/1/39, 6.267bp
$1B, REP OF PHILIPPINES, 6.375%, 10/23/34, BA3/BB-, +216.5bp

ABS:
Nothing

Agency:
Nothing

The fixed income offerings mentioned above are for informational purposes only. Toussaint Capital Partners, LLC, member FINRA/SIPC, and/or its affiliates may be a participant in the offerings mentioned and therefore offerings will be subject to availability.
All statistical data is sourced from Bloomberg Financial Markets.