CREDIT MARKETS

Treasuries:
Treasuries rose as European leaders disagreed on specifics and a timetable for a plan to aid Greece, stoking demand for the relative safety of U.S. government debt. Yields on two-year notes fell from their highest level since January before tomorrow’s record-tying auction of the securities as Germany’s Chancellor Angela Merkel told investors they shouldn’t expect a European Union summit to agree on assistance for Greece. The U.S. House passed the most sweeping health-care legislation in four decades Sunday. The yield on the two-year note decreased 2 basis points to 0.97 percent. It touched 1 percent on March 19, the highest level since Jan. 8. The 10-year note’s yield fell 3 basis points to 3.66 percent.
Economic Data: Same Store Sales, Existing Home Sales

Commentary/New Issues

Corporate:
$600M PROGRESS ENERGY 2PT $250M 4.55% 4/1/20 +90bp; $350M 5.65% 4/1/40 +110bp
$500M RABOBANK AAA/AAA 3.20% 3/11/15 +90bp
$450M DUKE ENERGY BAA2/BBB+ 3.35% 4/1/15 +95bp

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.