CREDIT MARKETS

Treasuries:
Treasuries edged up yesterday on the back of solid results for a sale of 7-year notes, though gains were limited by a surprisingly better report on jobless claims. As prices rose, yields on benchmark 10-year notes fell 5 basis points to 2.48%. Yields on 30-year bonds also fell 5 basis points to 3.52%. Yields on two-year notes increased 1 basis points to close at 0.52%. The Treasury Department said it sold $29 billion in 7-year notes at a yield of 1.989%, to stronger demand than at recent auctions.
Economic Data: GDP QoQ (Annualized), Personal Consumption, GDP Price Index, University of Michigan Confidence.

Commentary/New Issues

Corporate:
$400M FPL GROUP 2.60%, 9/1/15, BAA1/BBB+, +125 bp
$300M RYDER SYSTEMS 3.60%, 3/1/16, BAA1/BBB+, +225 bp
$500M GEORGIA POWER 4.75%, 9/1/40, A3/A, +125 bp

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.