Wall Street, ny
August 2010

CREDIT MARKETS

Treasuries:
Treasury prices rose Friday, pushing yields back toward significant lows, after a trio of reports on U.S. retail sales, inflation and consumer confidence
added to evidence that economic growth is slowing. Long-term Treasury yields have fallen since last Friday, while 2-year yields touched an all-time
low during the week, as data and comments from the Federal Reserve about the economy fueled a renewed interest in the relative safety of U.S.
government debt. Yields on 10-year notes fell 5 basis points to 2.69%, near the lowest point since April 2009. That’s down from 2.82% a week ago,
the biggest drop since the beginning of July and the third weekly decline. Two-year yields declined 1 basis points to 0.53%, after having touched a
record low set earlier this week. Yields on 2-year notes are up slightly from 0.51% last week, after falling for the past four weeks. Yields on 30-year
bonds fell 6 basis points to 3.88%. Thirty-year yields were at 3.92% a week ago. The Commerce Department said retail sales increased 0.4% in July,
a little less than economists expected.
Economic Data: Empire Manufacturing, Producer Price Index, Housing Starts, Building Permits, ABC
Consumer Confidence, MBA Mortgage Applications, Initial Jobless Claims, Continuing Claims.

8-16-10

Commentary/New Issues

Corporate:
Nothing

Agency:
Nothing

ABS:
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.