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Fixed Income Daily. Aug, 19

Name: 22/08/2016. Janney Montgomery Scott: Fixed Income Daily. Aug, 19
Creator: Cbonds
License: https://creativecommons.org/licenses/by/4.0/

22/08/2016 | Janney Montgomery Scott

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With the Bond Buyer 30-day visible supply reaching $13.3 billion, summer doldrums appear elusive in the run up to Labor Day.

Fast FIX
-Rates markets traded in a narrow band Thursday, though Dudley walk-back was the highlight;
-The rather mis-named Leading Index rose +0.4% in July, strongest gain in four months;
-S&P upgraded Bon-Ton Stores and downgraded Claire’s, though both are stressed credits;
-Hackensack Univ. Med Cntr earned a one-notch Moody’s upgrade to A2 post-Meridian merger.

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