CREDIT MARKETS

Treasuries:
Treasury prices advanced yesterday, pushing 10-year yields to the lowest since March 2009, after reports on manufacturing in the New York region,
U.S. home-builder confidence and Japan’s growth fueled worries over the global economy and had investors buying assets perceived as safer. Yields
on 10-year notes fell 11 basis points to 2.69% after touching the lowest since March 2009. Yields on 2-year notes declined 4 basis points to 0.49%.
Yields on 30-year bonds dropped 16 basis points to 3.72%, the biggest decline since June 4. The National Association of Home Builders confidence
index unexpectedly declined to 13 in August. New York Federal Reserve Bank’s Empire State Manufacturing index rose to 7.1 in August from 5.1 in
July, a smaller improvement than many analysts expected.
Economic Data: Producer Price Index, Housing Starts, Building Permits, Industrial Production, ABC Consumer Confidence.

Commentary/New Issues

Corporate:
$300M INGRAM MICRO 5.25%, 9/1/17, BAA3/BBB-, +326.7BP

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.