CREDIT MARKETS

Treasuries:
Treasury prices headed towards a weekly decline on Friday as investors absorbed the Federal Reserve’s surprise move to raise its discount rate. Treasurys held a small gain late Friday, helped out by the CPI report rising lees than anticipated and the core index fell 0.1 percent, reflecting a drop in new-car prices, clothing and shelter. Yields on 2-year notes fell 1 basis point to 0.92 percent. Yields on 10-year notes decreased by 2 basis points to 3.78 percent, after touching 3.83 percent during the session. The Treasury Department will sell $8 billion in 30-year inflation linked debt on Monday, its first sale of the maturity. That will be followed by $44 billion in 2-year notes on Tuesday and $42 billion in 5-year debt on Wednesday. The final auction of the week will be for $32 billion in 7-year notes on Thursday. Economic news for the week: consumer confidence, home sales and GDP.

Commentary/New Issues

Corporate:
Nothing

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.