CREDIT MARKETS

Treasuries:
Treasury 10-year note yields were near the highest level since June as reports showed home prices unexpectedly rose in January and consumer confidence increased this month more than economists forecast. U.S. debt was headed for a 1.1 percent monthly loss before this week’s nonfarm payrolls report, which is forecast to show employers added the most jobs in three years. The 10-year note yield fell less than 1 basis point to 3.86 percent. The yield climbed to 3.92 percent on March 25, the highest level since reaching 4 percent on June 11. Breaking “critical support” in the 10-year note yield at 4 percent would make an advance to 4.30 percent possible, wrote William O’Donnell, U.S. government bond strategist at RBS, in a research note yesterday. That level was last reached in November 2007. Economic Data: MBA Purchase Applications, ADP Employment Report, Factory Orders

Commentary/New Issues

Corporate:
$500M CBS CORP BAA3/BBB- 5.75% 4/15/20 +190bp
$1B BARCLAYS BANK AA3/AA 3.90% 4/07/15 +130bp

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.