CREDIT MARKETS

Treasuries:
Treasuries fell for a second day as US announced plans to sell a record $123 billion of notes and inflation-protected debt next week and an industry report showed an index of US leading indicators advanced more than forecast. The yield spread between the two- and the 10-year notes widened to 247 basis points with the majority of the securities being sold maturing in five years and more. Both yields on the 10-year and 30-year notes rose 3 basis points to 3.41 and 4.23 percent. Two year note yields were little changed at .94 percent. Officially the treasury will sell $7 billion in five-year TIPS on Oct. 26, $44 billion of two-year notes on Oct. 27, $41 billion of five-year notes, $39 billion in 5-year securities, and $28 billion in notes maturing in seven years.

Commentary/New Issues

Corporate:
$1B, BOEING CAPITAL, 2-PT: $500M, 3.25%, 10/27/14, A2/A, +95bp; $500M, 4.70%, 10/27/19, +130bp
$850M, NOBLE GROUP, 6.75%, 1/29/20, BAA3/BBB-, +344.5bp

ABS:
Nothing

Agency:
Nothing

New Issues larger than $250mm. 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.