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Investors are eager to see what the Fed says about inflation FOMC September Meeting Aka Something Wicked This Way Comes DIARY-Top Economic Events to Nov 2 'Cold feet': Euro dips from 14-month high ahead of ECB meeting BOJ minutes: members contest disclosure of exit strategy Fast Asia Open: BoJ meeting minutes, Mitsubishi Motors earnings BoE meeting due Thursday - but will it go ahead? Staff to go on strike? Sterling at 11-month highs vs. dollar as BoE meeting gets underway China's money rates slightly up on central bank-led cash drain China Money Rates Come Off Highs as PBOC Boosts Cash Injections UPDATE 1-Banco do Brasil cuts guidance as recovery hits a snag Banco do Brasil sees recurring profit at mid-point of forecast RBI unsatisfied with MCLR, asks banks to lower rates further Why RBI may cut rates CBR rate decision preview: We pencil in a cautious cut CBR keeps rates unchanged, unconvincingly Turkish lira tumbles amid fears on economy and terrorist threat Turkish Lira Slides as "Turkish Central Bank Loses Credibility" DIARY-Emerging Markets Economic Events to Oct 27 South Africa surprises market with interest rate cut Korea tensions ease slightly as US officials play down war risks The Investment Bank Tipping Gold to Hit $1400
Top 20 GEM Sovereign Bonds Yields Climbs Change USD Eurobonds (Losers) Weekly
BondVENEZUELA (BOLVARIAN REPUBLIC OF) RegS 23VENEZUELA (BOLVARIAN REPUBLIC OF) RegS 20VENEZUELA (BOLVARIAN REPUBLIC OF) 34VENEZUELA (BOLIVARIAN REPUBLIC OF) 27
Top 20 GEM Sovereign Bonds Yields Drops Week Change USD Eurobonds (Winners)
BondPETROLEOS DE VENEZUELA SA RegS 20ARGENTINA REPUBLIC OF 33ARGENTINA REPUBLIC OF GOVERNMENT MTN 28ARGENTINA REPUBLIC OF GOVERNMENT MTN 27
Top 10 GEM Corporate Bonds Yields Climbs Week Change USD Eurobonds (Losers)
BondCSN RESOURCES SA RegS 20DIGICEL LTD RegS 21DIGICEL GROUP LTD RegS 22TURKIYE IS BANKASI AS MTN RegS 21
Top 10 GEM Corporate Bonds Yields Drops USD Eurobonds (Winners) Weekly
BondNOBLE GROUP LTD RegS 20JBS INVESTMENTS GMBH RegS 20COLOMBIA TELECOMMUNICATIONS FUNDIN RegS 22LATAM AIRLINES GROUP SA RegS 20
Country Average Sovereign Yield Change USD Eurobonds Weekly
CountryVenezuelaEcuadorSerbiaIndiaMongolia
Country Average Corporate Yield Change USD Eurobonds Weekly
CountryJamaicaGhanaIsraelBarbadosUkraine
Top 30 GEM Souvereign Eurobonds by Yield
NameVENEZUELA (BOLVARIAN REPUBLIC OF) RegSPETROLEOS DE VENEZUELA SA MTN RegSPETROLEOS DE VENEZUELA SA RegS
Top 30 GEM Corporate Eurobonds by Yield
NameNOBLE GROUP LTD RegSODEBRECHT FINANCE LTD RegSCSN RESOURCES SA RegS
Top 30 GEM Local (reasonably rated) Currency Bonds by Yield
NameARGENTINA REPUBLIC OF GOVERNMENTARGENTINA REPUBLIC OF GOVERNMENTARGENTINA REPUBLIC OF GOVERNMENT
Big Country Table - Stance, Ratings and Datamine
Top 20 Developed Markets Sovereign Bonds Yields Climbs Change USD Eurobonds (Losers) Weekly
BondCANADA (GOVERNMENT OF) 17AUSTRIA (REPUBLIC OF) 62SWITZERLAND (CONFEDERATION OF) 21SWITZERLAND (CONFEDERATION OF) 42
Top 20 Developed Markets Sovereign Bonds Yields Drops Change USD Eurobonds (Winners) Weekly
BondCANADA (GOVERNMENT OF) 21CANADA (GOVERNMENT OF) 37CANADA (GOVERNMENT OF) 33AUSTRALIA (COMMONWEALTH OF) RegS 37
Top 10 Developed Markets Corporate Bonds Yields Climbs Week Change USD Eurobonds (Losers)
BondCountryYieldYield Change %ptsHEXION INC 20United States24.843.02CLAIRES STORES INC 144A 19United States63.012.93MURRAY ENERGY CORP 144A 21United States23.852.72EP ENERGY LLC/EVEREST ACQUISITION 20United States21.022.06JUPITER RESOURCES INC 144A 22Canada19.351.40
Top 10 Developed Markets Corporate Bonds Yields Drops Week Change USD Eurobonds (Winners)
BondCountryYieldYield Change %ptsGLOBAL A&T ELECTRONICS LTD 144A 19Singapore27.52-2.97NOBLE GROUP LTD 144A 20Hong Kong50.61-2.63CONCORDIA INTERNATIONAL CORP 144A 22Canada65.82-2.44CONCORDIA HEALTHCARE CORP 144A 23Canada57.15-2.04SWISSPORT FINANCING SARL RegS 21Luxembourg4.81-1.94
Top 30 DM Souvereign Eurobonds by Yield
NameISINcountryMaturityCouponYTWPORTUGAL (REPUBLIC OF)PTOTEBOE0020PortugalFeb 15, 20454.103.89PORTUGAL (REPUBLIC OF)PTOTE5OE0007PortugalApr 15, 20374.103.63AUSTRALIA (COMMONWEALTH OF) RegSAU000XCLWAS7AustraliaMar 21, 20473.003.48
Top 30 DM Corporate Eurobonds by Yield
NameISINcountryMaturityCouponYTWCONCORDIA INTERNATIONAL CORP 144AUS206519AB61CanadaOct 21, 20229.5065.82CLAIRES STORES INC 144AUS179584AM91United StatesMar 15, 20199.0063.01CONCORDIA HEALTHCARE CORP 144AUS206519AA88CanadaApr 15, 20237.0057.15
Country Average Sovereign+Corporate USD Yields Ordered by Weekly Change
| country | Yield | YieldChange |
| Venezuela | 32.92 | 0.46 |
| Jamaica | 7.60 | 0.11 |
| Israel | 4.57 | 0.08 |
| Serbia | 2.89 | 0.06 |
| Bahrain | 5.58 | 0.05 |
| United States | 5.67 | 0.04 |
| Ecuador | 8.38 | 0.04 |
| Lebanon | 6.48 | 0.04 |
| Luxembourg | 8.36 | 0.04 |
| Germany | 4.12 | 0.04 |
| Finland | 3.25 | 0.04 |
| Croatia (Hrvatska) | 3.07 | 0.03 |
| Pakistan | 5.42 | 0.03 |
| Korea (South) | 3.51 | 0.03 |
| Poland | 2.60 | 0.02 |
| Barbados | 5.30 | 0.02 |
| France | 5.68 | 0.02 |
| Romania | 3.32 | 0.01 |
| Turkey | 4.88 | 0.01 |
| Jordan | 5.76 | 0.01 |
| Thailand | 3.51 | 0.01 |
| Italy | 4.84 | 0.01 |
| Hungary | 3.00 | 0.00 |
| Peru | 3.87 | 0.00 |
| Malaysia | 3.47 | 0.00 |
| Lithuania | 2.37 | 0.00 |
| Azerbaijan | 5.24 | 0.00 |
| Morocco | 3.93 | 0.00 |
| Senegal | 5.63 | 0.00 |
| Trinidad and Tobago | 4.73 | 0.00 |
| Saudi Arabia | 4.65 | 0.00 |
| Kuwait | 3.38 | 0.00 |
| Russian Federation | 4.22 | -0.01 |
| Panama | 3.52 | -0.01 |
| Sri Lanka | 4.69 | -0.01 |
| China | 4.03 | -0.01 |
| Chile | 4.19 | -0.02 |
| Philippines | 3.25 | -0.02 |
| Nigeria | 6.70 | -0.02 |
| Qatar | 3.73 | -0.02 |
| Ireland | 4.75 | -0.02 |
| Netherlands | 4.24 | -0.02 |
| Oman | 4.61 | -0.03 |
| Kazakhstan | 4.79 | -0.03 |
| Dominican Republic | 4.84 | -0.03 |
| Mexico | 4.29 | -0.03 |
| Indonesia | 3.85 | -0.03 |
| United Arab Emirates | 3.67 | -0.03 |
| Uruguay | 3.90 | -0.04 |
| South Africa | 4.71 | -0.04 |
| Ukraine | 7.32 | -0.04 |
| Canada | 8.27 | -0.04 |
| Brazil | 5.51 | -0.05 |
| India | 4.22 | -0.05 |
| Vietnam | 3.70 | -0.05 |
| Guatemala | 4.48 | -0.05 |
| United Kingdom | 4.94 | -0.06 |
| Cote D'Ivoire (Ivory Coast) | 6.07 | -0.07 |
| Costa Rica | 5.90 | -0.07 |
| Colombia | 4.51 | -0.09 |
| Ghana | 7.17 | -0.11 |
| Zambia | 7.21 | -0.12 |
| Egypt | 5.84 | -0.14 |
| Argentina | 6.16 | -0.36 |
| Singapore | 6.88 | -0.38 |
| El Salvador | 7.67 | -0.45 |
| Hong Kong | 9.58 | -0.49 |
Country Average Sovereign+Corporate USD Yields Ordered By YTD Yield Chance
| country | Yield | YieldChange |
| Venezuela | 32.89 | 8.99 |
| Canada | 9.06 | 0.97 |
| Qatar | 3.56 | 0.01 |
| United States | 5.66 | -0.06 |
| Israel | 4.12 | -0.09 |
| Bahrain | 5.58 | -0.21 |
| Germany | 4.11 | -0.23 |
| Oman | 4.69 | -0.24 |
| El Salvador | 7.66 | -0.25 |
| United Kingdom | 5.32 | -0.36 |
| Azerbaijan | 5.27 | -0.39 |
| China | 3.81 | -0.40 |
| Korea (South) | 3.61 | -0.41 |
| Philippines | 3.17 | -0.44 |
| Lebanon | 6.39 | -0.48 |
| Jordan | 5.76 | -0.48 |
| United Arab Emirates | 3.68 | -0.49 |
| Netherlands | 4.14 | -0.53 |
| Russian Federation | 3.95 | -0.54 |
| Pakistan | 5.22 | -0.54 |
| Trinidad and Tobago | 4.87 | -0.54 |
| Ecuador | 8.06 | -0.55 |
| Peru | 3.65 | -0.57 |
| France | 5.68 | -0.60 |
| Chile | 4.21 | -0.62 |
| Colombia | 4.55 | -0.62 |
| South Africa | 4.86 | -0.62 |
| Lithuania | 2.37 | -0.65 |
| Thailand | 2.80 | -0.65 |
| Malaysia | 3.44 | -0.77 |
| Cote D'Ivoire (Ivory Coast) | 5.87 | -0.79 |
| Morocco | 3.65 | -0.79 |
| Poland | 2.60 | -0.81 |
| Guatemala | 4.07 | -0.82 |
| Italy | 4.84 | -0.82 |
| Brazil | 5.44 | -0.84 |
| Panama | 3.53 | -0.86 |
| Hungary | 3.00 | -0.87 |
| Romania | 3.32 | -0.87 |
| Indonesia | 3.79 | -0.90 |
| Mexico | 4.35 | -0.92 |
| Uruguay | 3.90 | -0.95 |
| India | 4.01 | -1.01 |
| Croatia (Hrvatska) | 3.07 | -1.10 |
| Vietnam | 3.70 | -1.11 |
| Costa Rica | 5.86 | -1.12 |
| Ghana | 7.16 | -1.17 |
| Kazakhstan | 4.50 | -1.23 |
| Turkey | 4.70 | -1.31 |
| Ukraine | 7.24 | -1.34 |
| Jamaica | 7.32 | -1.43 |
| Argentina | 6.16 | -1.45 |
| Serbia | 2.89 | -1.47 |
| Dominican Republic | 4.82 | -1.48 |
| Egypt | 4.99 | -1.51 |
| Sri Lanka | 4.60 | -1.67 |
| Luxembourg | 8.30 | -2.64 |
Country Average Sovereign+Corporate USD Yields Ordered by Current YTM
| country | Yield | YieldChange |
| Venezuela | 32.92 | 0.46 |
| Hong Kong | 9.58 | -0.49 |
| Ecuador | 8.38 | 0.04 |
| Luxembourg | 8.36 | 0.04 |
| Canada | 8.27 | -0.04 |
| El Salvador | 7.67 | -0.45 |
| Jamaica | 7.60 | 0.11 |
| Ukraine | 7.32 | -0.04 |
| Zambia | 7.21 | -0.12 |
| Ghana | 7.17 | -0.11 |
| Singapore | 6.88 | -0.38 |
| Nigeria | 6.70 | -0.02 |
| Lebanon | 6.48 | 0.04 |
| Argentina | 6.16 | -0.36 |
| Cote D'Ivoire (Ivory Coast) | 6.07 | -0.07 |
| Costa Rica | 5.90 | -0.07 |
| Egypt | 5.84 | -0.14 |
| Jordan | 5.76 | 0.01 |
| France | 5.68 | 0.02 |
| United States | 5.67 | 0.04 |
| Senegal | 5.63 | 0.00 |
| Bahrain | 5.58 | 0.05 |
| Brazil | 5.51 | -0.05 |
| Pakistan | 5.42 | 0.03 |
| Barbados | 5.30 | 0.02 |
| Azerbaijan | 5.24 | 0.00 |
| United Kingdom | 4.94 | -0.06 |
| Turkey | 4.88 | 0.01 |
| Dominican Republic | 4.84 | -0.03 |
| Italy | 4.84 | 0.01 |
| Kazakhstan | 4.79 | -0.03 |
| Ireland | 4.75 | -0.02 |
| Trinidad and Tobago | 4.73 | 0.00 |
| South Africa | 4.71 | -0.04 |
| Sri Lanka | 4.69 | -0.01 |
| Saudi Arabia | 4.65 | 0.00 |
| Oman | 4.61 | -0.03 |
| Israel | 4.57 | 0.08 |
| Colombia | 4.51 | -0.09 |
| Guatemala | 4.48 | -0.05 |
| Mexico | 4.29 | -0.03 |
| Netherlands | 4.24 | -0.02 |
| Russian Federation | 4.22 | -0.01 |
| India | 4.22 | -0.05 |
| Chile | 4.19 | -0.02 |
| Germany | 4.12 | 0.04 |
| China | 4.03 | -0.01 |
| Morocco | 3.93 | 0.00 |
| Uruguay | 3.90 | -0.04 |
| Peru | 3.87 | 0.00 |
| Indonesia | 3.85 | -0.03 |
| Qatar | 3.73 | -0.02 |
| Vietnam | 3.70 | -0.05 |
| United Arab Emirates | 3.67 | -0.03 |
| Panama | 3.52 | -0.01 |
| Korea (South) | 3.51 | 0.03 |
| Thailand | 3.51 | 0.01 |
| Malaysia | 3.47 | 0.00 |
| Kuwait | 3.38 | 0.00 |
| Romania | 3.32 | 0.01 |
| Philippines | 3.25 | -0.02 |
| Finland | 3.25 | 0.04 |
| Croatia (Hrvatska) | 3.07 | 0.03 |
| Hungary | 3.00 | 0.00 |
| Serbia | 2.89 | 0.06 |
| Poland | 2.60 | 0.02 |
| Lithuania | 2.37 | 0.00 |
Chart: DM Yields Rise, GEM Yields Continue Higher, UST –flat and Argentina Tighter after a spike
And Russia Yields Shrug off Sanctions

Source: ML
Download file in Power PointKey News
Average Sovereign GEM Yields (USD)
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Average Sov. Dev. Markets Yields (blended currency)
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Average UST Yield
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Bonds Datamine Queries
Top 20 GEM Sovereign Bonds Yields Climbs Change USD Eurobonds (Losers) Weekly
BondVENEZUELA (BOLVARIAN REPUBLIC OF) RegS 23VENEZUELA (BOLVARIAN REPUBLIC OF) RegS 20VENEZUELA (BOLVARIAN REPUBLIC OF) 34VENEZUELA (BOLIVARIAN REPUBLIC OF) 27
Top 20 GEM Sovereign Bonds Yields Drops Week Change USD Eurobonds (Winners)
BondPETROLEOS DE VENEZUELA SA RegS 20ARGENTINA REPUBLIC OF 33ARGENTINA REPUBLIC OF GOVERNMENT MTN 28ARGENTINA REPUBLIC OF GOVERNMENT MTN 27
Top 10 GEM Corporate Bonds Yields Climbs Week Change USD Eurobonds (Losers)
BondCSN RESOURCES SA RegS 20DIGICEL LTD RegS 21DIGICEL GROUP LTD RegS 22TURKIYE IS BANKASI AS MTN RegS 21
Top 10 GEM Corporate Bonds Yields Drops USD Eurobonds (Winners) Weekly
BondNOBLE GROUP LTD RegS 20JBS INVESTMENTS GMBH RegS 20COLOMBIA TELECOMMUNICATIONS FUNDIN RegS 22LATAM AIRLINES GROUP SA RegS 20
Country Average Sovereign Yield Change USD Eurobonds Weekly
CountryVenezuelaEcuadorSerbiaIndiaMongolia
Country Average Corporate Yield Change USD Eurobonds Weekly
CountryJamaicaGhanaIsraelBarbadosUkraine
Top 30 GEM Souvereign Eurobonds by Yield
NameVENEZUELA (BOLVARIAN REPUBLIC OF) RegSPETROLEOS DE VENEZUELA SA MTN RegSPETROLEOS DE VENEZUELA SA RegS
Top 30 GEM Corporate Eurobonds by Yield
NameNOBLE GROUP LTD RegSODEBRECHT FINANCE LTD RegSCSN RESOURCES SA RegS
Top 30 GEM Local (reasonably rated) Currency Bonds by Yield
NameARGENTINA REPUBLIC OF GOVERNMENTARGENTINA REPUBLIC OF GOVERNMENTARGENTINA REPUBLIC OF GOVERNMENT
Big Country Table - Stance, Ratings and Datamine
Top 20 Developed Markets Sovereign Bonds Yields Climbs Change USD Eurobonds (Losers) Weekly
BondCANADA (GOVERNMENT OF) 17AUSTRIA (REPUBLIC OF) 62SWITZERLAND (CONFEDERATION OF) 21SWITZERLAND (CONFEDERATION OF) 42
Top 20 Developed Markets Sovereign Bonds Yields Drops Change USD Eurobonds (Winners) Weekly
BondCANADA (GOVERNMENT OF) 21CANADA (GOVERNMENT OF) 37CANADA (GOVERNMENT OF) 33AUSTRALIA (COMMONWEALTH OF) RegS 37
Top 10 Developed Markets Corporate Bonds Yields Climbs Week Change USD Eurobonds (Losers)
BondCountryYieldYield Change %ptsHEXION INC 20United States24.843.02CLAIRES STORES INC 144A 19United States63.012.93MURRAY ENERGY CORP 144A 21United States23.852.72EP ENERGY LLC/EVEREST ACQUISITION 20United States21.022.06JUPITER RESOURCES INC 144A 22Canada19.351.40
Top 10 Developed Markets Corporate Bonds Yields Drops Week Change USD Eurobonds (Winners)
BondCountryYieldYield Change %ptsGLOBAL A&T ELECTRONICS LTD 144A 19Singapore27.52-2.97NOBLE GROUP LTD 144A 20Hong Kong50.61-2.63CONCORDIA INTERNATIONAL CORP 144A 22Canada65.82-2.44CONCORDIA HEALTHCARE CORP 144A 23Canada57.15-2.04SWISSPORT FINANCING SARL RegS 21Luxembourg4.81-1.94
Top 30 DM Souvereign Eurobonds by Yield
NameISINcountryMaturityCouponYTWPORTUGAL (REPUBLIC OF)PTOTEBOE0020PortugalFeb 15, 20454.103.89PORTUGAL (REPUBLIC OF)PTOTE5OE0007PortugalApr 15, 20374.103.63AUSTRALIA (COMMONWEALTH OF) RegSAU000XCLWAS7AustraliaMar 21, 20473.003.48
Top 30 DM Corporate Eurobonds by Yield
NameISINcountryMaturityCouponYTWCONCORDIA INTERNATIONAL CORP 144AUS206519AB61CanadaOct 21, 20229.5065.82CLAIRES STORES INC 144AUS179584AM91United StatesMar 15, 20199.0063.01CONCORDIA HEALTHCARE CORP 144AUS206519AA88CanadaApr 15, 20237.0057.15