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Chart: Fixed Income Strategy Dec 2023

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  • Bank loans, high yield continue to lead fixed-income performance Pensions & Investments The Milwaukee Institutional Asset Management focused fixed-income value strategy ... December 12, 2023. 2024 Defined Contribution East Conference. 20 hours ago
  • Uncertain 2024 makes US companies refinance debt sooner, not later Reuters Nov 30 (Reuters) - Tight credit spreads and strong investor demand for highly-rated bonds has prompted some U.S. companies to refinance debt... 22 mins ago
  • 11 Best December Dividend Stocks To Buy Yahoo Finance It's like having a steady paycheck while also having the opportunity for your investment to increase in worth. Income-focused strategies have... 11 hours ago
  • Ken Griffin's Citadel, Hedge Fund Rivals Draw Scrutiny Over ... Bloomberg.com ... strategist for BCA Research's global fixed income strategy. But ... TrademarksPrivacy Policy©2023 Bloomberg L.P. All Rights Reserved. Careers... 7 hours ago
  • Templeton Emerging Markets Income Fund (“TEI” or the “Fund ... Franklin Templeton ... 2023, for the fiscal year ending December 31, 2023: Distribution. Per ... investment strategy and risk profile. To the extent that sufficient... 13 hours ago
  • Franklin Limited Duration Income Trust (“FTF” or the “Fund ... Franklin Templeton ... 2023, for the fiscal year ending December 31, 2023: Distribution. Per ... investment strategy and risk profile. To the extent that sufficient... 13 hours ago
  • Your December 2023 Horoscope Shondaland.com Chemistry will spike in your romantic bonds on December 11, thanks to a sweet exchange between Venus and Mercury. Use this energy to fully... 2 hours ago
  • One of investing’s most reliable, highly-recommended strategies is up over 11% this year—so why do leading financial advisors still say they rarely use it? Fortune The most popular investing strategy in U.S. history made a comeback in 2023. ... fixed income split—isn't actually used by most financial advisors... 5 days ago
  • Here's what it would take for the Fed to start slashing interest rates in 2024 CNBC Fed officials at their meeting in two weeks will update their economic projections over the next several years, a process that includes... 1 day ago
  • Fed hawks and doves: The latest from US central bankers Reuters ... (FOMC) meetings that are held eight times a year, but only five cast votes at any given meeting, including the New York Fed president and... 3 hours ago
  • A Commitment to Achieving Price Stability | St. Louis Fed Federal Reserve Bank of St. Louis While not every Federal Open Market Committee (FOMC) participant votes at each meeting, all seven members of the Board of Governors and all 12 Reserve bank... 1 day ago
  • Meeting of 25-26 October 2023 European Central Bank Account of the monetary policy meeting of the Governing Council of the European Central Bank held in Athens on Wednesday and Thursday, 25-26... 1 week ago
  • ECB minutes confirm more cautious take on growth ING Think The European Central Bank (ECB) is back to releasing minutes of its meetings three and not two weeks ahead of the next meeting. With this... 1 week ago
  • ECB policymakers open to another interest rate rise if needed Financial Times The account of the ECB's last meeting showed that most council members thought they had done enough to tame inflation in the next couple of... 1 week ago
  • BOJ debated groundwork for future easy-policy exit at Oct meeting Reuters TOKYO, Nov 9 (Reuters) - Some Bank of Japan policymakers last month called for the need to start phasing out massive stimulus and lay the... 3 weeks ago
  • BOJ debated groundwork for future easy-policy exit at meeting The Japan Times At the Oct. 30-31 meeting, the BOJ kept its ultralow interest rate targets unchanged but tweaked the yield curve control (YCC) to loosen its... 3 weeks ago
  • BOJ tests waters on exit from easing with talk of normalization Nikkei Asia BOJ policymakers at the October meeting also saw the change improving the "resilience" of yield curve control. Speculation on the end of the... 3 weeks ago
  • Galion students honored at BOE meeting Galion Inquirer The Galion City Schools Board of Education recognized students and accepted donations during its Nov. 21 meeting. To begin the meeting, four... 1 day ago
  • Randolph County BOE hears update on student attendance The Intermountain ... BOE meeting. During the Informational Reports/Recognition section of the meeting, Chenoweth handed each board member a print-out of data she... 11 hours ago
  • Findlay BOE to hold special meeting The Courier The agenda item goes over several things, including teaching assistant and paraprofessional contract negotiations. Board of education meetings... 5 hours ago
  • China c.bank boosts liquidity injection through policy loan, rate ... Reuters The People's Bank of China (PBOC) said it was keeping the rate on 1.45 trillion yuan ($199.92 billion) worth of one-year medium-term lending... 2 weeks ago
  • China's Central Bank Signals Slower Credit Growth, Lower Rates Bloomberg.com China central bank issues third-quarter monetary policy report; PBOC has lowered policy interest rates only modestly this year. Error: Could... 2 days ago
  • China keeps lending benchmark rates unchanged, as expected Reuters ... PBOC in Beijing. Paramilitary police officers stand guard in front of the headquarters of the People's Bank of China, the central bank (PBOC)... 1 week ago
  • China's central bank boosts liquidity to rein in short-term rates Nikkei Asia SHANGHAI -- Chinese financial authorities have been ramping up liquidity at an unprecedented pace in recent months in an effort to limit... 2 days ago
  • PBOC Is Set to Fund Property Lending Via Use of Its Policy Banks Bloomberg.com China's deepening property rout is pushing the nation's central bank toward a style of policy it has long criticized: Quantitative easing. 1 day ago
  • China's Central Bank Signals Slower Credit Growth, Lower Rates Yahoo Finance (Bloomberg) -- China's central bank foreshadowed a slowdown in credit extension while pledging it would press banks to lower their real... 2 days ago
  • Will calmer markets prevail in 2024? The Banker Recently, Banco de México held its interest rate at the all-time high of 11.25%, while Banco Central do Brasil reduced its rate to 12.25%. 2 hours ago
  • Brazil Approves Proposed 15% Income Tax on Crypto Earnings Held on Foreign Exchanges Coinspeaker Earlier this year, in September, the governor of the country's central bank, the Banco Central do Brazil, Roberto Campos Neto, unveiled plans to... 7 hours ago
  • Brazil bank's ties to slavery reopen wounds, reparations debate Yahoo News UK ... bank, Banco do Brasil. Now, 170 years later, the bank faces legal ... Cost of living crisis · Yahoo Originals · Local News · Weather · TV +... 17 hours ago
  • Indian economy grew faster than expected on manufacturing, govt ... Reuters ... interest rates and energy prices, and a slowdown in China. The pace of ... India's growth would give space to the Reserve Bank of India (RBI)... 1 hour ago
  • India Q2 GDP data Highlights: India's FY24 GDP growth retained at 6.5% after Q2 numbers, says CEA Nageswaran | Mint Mint India Q2 GDP data Live: Economists expect RBI to continue with hawkish stance. India's growth would give space to the RBI, which held its rates... 4 hours ago
  • India posts 7.6% GDP growth on brisk infrastructure spending Nikkei Asia ... government on Thursday. But it surpassed the 6.5% projection of the Reserve Bank of India's Monetary Policy Committee, the central bank's rate... 7 hours ago
  • Russian Q3 GDP dynamics end up better than expected - CBR Dept ... AzerNews In October 2023, the Central Bank raised Russia's GDP growth ... The next key meeting of the Central Bank's Board of Directors on the key rate... 14 hours ago
  • Russian inflation rises again to 6.7% in October bne IntelliNews “While the CBR's statement dropped its guidance about considering further rate increases at upcoming meetings, we think that interest rates... 2 weeks ago
  • COMMENT: Russia's outlook remains fragile despite oil price boost bne IntelliNews ... Central Bank of Russia (CBR), yet the West's extreme sanctions have imposed a real cost that will slowly start to strangle the economy... 1 week ago
  • Turkey’s annual inflation remains flat in October ING Think ... rate in October, in line with the CBT's expectations as specified in the MPC note. Given that the CBT also pledged that the policy rate will... 4 weeks ago
  • Monitoring Turkey: Inflation set to persist in the near term ING Think Thanks to progress in monetary tightening, with high enough rates to control lending and support de-dollarisation, the CBT has i) further... 3 weeks ago
  • Turkish central bank signals end to hiking cycle soon ING Think Following large rate hikes totalling 26.5ppt since June, the CBT announced another 500bp increase, pulling the policy rate up to 40% from... 1 week ago
  • South Africa Central Bank Says Higher Rates Stressing Lenders Bloomberg.com The central bank has held interest rates at a 14-year high of 8.25% since July, while warning that it stands ready to act to ensure inflation... 1 day ago
  • South African central bank opts for another 'hawkish hold' Reuters The unanimous decision to keep the repo rate at 8.25% (ZAREPO=ECI) was in line with all the forecasts in a Reuters poll of economists published... 1 week ago
  • South Africa Holds Rates for Third Time at Last MPC Meet of 2023 Bloomberg.com South Africa's central bank kept its benchmark interest rate unchanged, while warning that inflationary risks persist and that it stands... 1 week ago
  • South Korea central bank keeps rate unchanged, as expected Reuters SEOUL, Nov 30 (Reuters) - South Korea's central bank kept its benchmark interest rate unchanged for a seventh consecutive meeting on... 18 hours ago
  • South Korea stocks rise as central bank holds rates, China manufacturing contracts further CNBC South Korea stock markets were up on Thursday after the country's central bank held lending rates for the seventh straight time, while China... 16 hours ago
  • Bank of Korea holds rates and raises inflation forecasts Central Banking The central bank cut its projections for economic growth for 2024 from 2.2% to 2.1%. It maintained its GDP forecast for this year at 1.4%. Rhee... 8 hours ago
    Performance is between 2023-11-30 and 2023-10-31

    Country Average Sovereign+Corporate USD Yields Ordered by Period Change

    countryYieldYieldChange
    Bolivia32.354.13
    Zambia9.693.62
    Ecuador27.842.31
    Ukraine27.060.35
    Moldova27.220.28
    Switzerland13.730.11
    Sri Lanka0.000.00
    Ethiopia50.000.00
    Venezuela0.000.00
    Lebanon0.000.00
    United Arab Emirates7.04-0.01
    Barbados6.95-0.25
    Czech Republic7.99-0.29
    Panama7.83-0.41
    Korea (South)5.70-0.48
    Qatar5.88-0.49
    Supranational8.00-0.50
    Poland16.99-0.53
    Saudi Arabia6.02-0.54
    Brazil8.20-0.57
    Uruguay5.18-0.58
    Romania6.46-0.62
    Taiwan5.17-0.62
    Mexico9.18-0.63
    India9.30-0.64
    Chile7.28-0.65
    Indonesia6.21-0.66
    Singapore8.38-0.66
    Malaysia5.66-0.68
    Trinidad and Tobago5.82-0.68
    Paraguay7.15-0.72
    Oman6.08-0.76
    Serbia6.49-0.76
    Hungary6.88-0.77
    Guatemala7.64-0.77
    Peru8.13-0.78
    Bahrain6.91-0.78
    Thailand6.75-0.78
    Morocco6.73-0.80
    Senegal9.74-0.80
    Burkina Faso9.11-0.81
    Turkey8.13-0.82
    Dominican Republic7.13-0.87
    Costa Rica6.72-0.89
    South Africa8.33-0.92
    Colombia8.78-0.96
    El Salvador11.70-0.96
    Jamaica5.89-0.98
    Kazakhstan7.09-1.00
    Vietnam8.55-1.01
    Azerbaijan6.42-1.04
    France10.91-1.09
    China10.96-1.11
    United States8.26-1.13
    Luxembourg11.66-1.16
    Ghana4.90-1.20
    Cote D'Ivoire (Ivory Coast)8.15-1.23
    Macau8.66-1.24
    Canada8.12-1.24
    Australia7.31-1.27
    Ireland7.76-1.28
    Italy7.60-1.29
    Germany7.03-1.32
    Hong Kong9.24-1.39
    Israel7.95-1.42
    Nigeria10.98-1.43
    United Kingdom7.32-1.45
    Angola11.98-1.49
    Iraq10.15-1.50
    Kenya11.12-1.53
    Netherlands7.86-1.60
    Jordan7.75-1.71
    Kuwait8.76-2.38
    Egypt15.13-2.80
    Philippines9.48-2.85
    Argentina19.28-3.93
    Pakistan19.69-6.97
    Tunisia28.14-12.47

    Country Average Sovereign+Corporate USD Yields Ordered By YTD Yield Change

    countryYieldYieldChange
    Bolivia32.3521.25
    Ethiopia50.0014.86
    Ecuador27.8412.29
    Poland22.219.93
    Moldova27.225.08
    Egypt15.343.97
    Zambia8.943.77
    Hong Kong10.202.90
    Singapore8.452.52
    Luxembourg12.042.43
    France11.972.39
    China12.301.99
    Tunisia28.141.89
    Angola11.981.50
    Panama7.851.35
    Mexico9.291.23
    Iraq10.151.02
    India9.650.94
    South Africa8.560.93
    Guatemala7.770.93
    United Arab Emirates7.270.88
    Kenya11.120.88
    Paraguay7.150.85
    Netherlands8.010.84
    Chile7.410.79
    Trinidad and Tobago5.820.78
    Peru8.100.72
    Supranational8.000.66
    Saudi Arabia6.030.62
    Israel7.950.62
    Macau8.560.60
    Brazil7.900.58
    Uruguay5.180.55
    Qatar5.880.55
    Canada8.260.55
    Barbados6.950.54
    Azerbaijan6.420.48
    Thailand6.880.45
    Cote D'Ivoire (Ivory Coast)8.150.42
    Morocco6.930.42
    United States8.260.41
    Senegal9.740.41
    Australia7.170.40
    Colombia8.520.39
    Jordan7.730.38
    Taiwan5.170.37
    Bahrain6.910.32
    Kuwait8.760.29
    Malaysia5.660.20
    Korea (South)5.780.15
    Indonesia6.210.14
    Ireland7.950.03
    Romania6.390.01
    Sri Lanka0.000.00
    Lebanon0.000.00
    Venezuela0.000.00
    Argentina19.28-0.02
    Dominican Republic7.13-0.06
    Oman6.09-0.10
    Jamaica5.89-0.13
    Hungary6.02-0.19
    Italy7.60-0.28
    Nigeria10.94-0.31
    Serbia6.28-0.36
    Costa Rica6.80-0.45
    Burkina Faso9.11-0.53
    Tanzania8.19-0.68
    Kazakhstan7.11-0.75
    Turkey8.11-0.82
    Ukraine27.58-0.91
    United Kingdom7.44-0.96
    Germany7.32-0.97
    Philippines9.62-0.98
    Vietnam8.55-1.38
    Ghana4.90-1.46
    El Salvador11.70-7.51
    Pakistan19.69-11.52

    Country Average Sovereign+Corporate USD Yields Ordered by Current YTM

    countryYieldYieldChange
    Ethiopia50.000.00
    Bolivia32.354.13
    Tunisia28.14-12.47
    Ecuador27.842.31
    Moldova27.220.28
    Ukraine27.060.35
    Pakistan19.69-6.97
    Argentina19.28-3.93
    Poland16.99-0.53
    Egypt15.13-2.80
    Switzerland13.730.11
    Angola11.98-1.49
    El Salvador11.70-0.96
    Luxembourg11.66-1.16
    Kenya11.12-1.53
    Nigeria10.98-1.43
    China10.96-1.11
    France10.91-1.09
    Iraq10.15-1.50
    Senegal9.74-0.80
    Zambia9.693.62
    Philippines9.48-2.85
    India9.30-0.64
    Hong Kong9.24-1.39
    Mexico9.18-0.63
    Burkina Faso9.11-0.81
    Colombia8.78-0.96
    Kuwait8.76-2.38
    Macau8.66-1.24
    Vietnam8.55-1.01
    Singapore8.38-0.66
    South Africa8.33-0.92
    United States8.26-1.13
    Brazil8.20-0.57
    Cote D'Ivoire (Ivory Coast)8.15-1.23
    Peru8.13-0.78
    Turkey8.13-0.82
    Canada8.12-1.24
    Supranational8.00-0.50
    Czech Republic7.99-0.29
    Israel7.95-1.42
    Netherlands7.86-1.60
    Panama7.83-0.41
    Ireland7.76-1.28
    Jordan7.75-1.71
    Guatemala7.64-0.77
    Italy7.60-1.29
    United Kingdom7.32-1.45
    Australia7.31-1.27
    Chile7.28-0.65
    Paraguay7.15-0.72
    Dominican Republic7.13-0.87
    Kazakhstan7.09-1.00
    United Arab Emirates7.04-0.01
    Germany7.03-1.32
    Barbados6.95-0.25
    Bahrain6.91-0.78
    Hungary6.88-0.77
    Thailand6.75-0.78
    Morocco6.73-0.80
    Costa Rica6.72-0.89
    Serbia6.49-0.76
    Romania6.46-0.62
    Azerbaijan6.42-1.04
    Indonesia6.21-0.66
    Oman6.08-0.76
    Saudi Arabia6.02-0.54
    Jamaica5.89-0.98
    Qatar5.88-0.49
    Trinidad and Tobago5.82-0.68
    Korea (South)5.70-0.48
    Malaysia5.66-0.68
    Uruguay5.18-0.58
    Taiwan5.17-0.62
    Ghana4.90-1.20
    Sri Lanka0.000.00
    Venezuela0.000.00
    Lebanon0.000.00

    Country Local Currency Yields Ordered by Period Change

    countryYieldYieldChange
    Turkey31.532.60
    Luxembourg14.190.10
    Egypt23.010.03
    China2.590.01
    Poland5.30-0.02
    Dominican Republic11.04-0.08
    Serbia5.66-0.14
    Romania6.56-0.15
    Japan0.99-0.21
    Malaysia3.77-0.22
    Cyprus7.16-0.22
    Thailand2.82-0.27
    Czech Republic4.47-0.32
    Sweden9.58-0.33
    Singapore3.04-0.33
    Denmark2.77-0.35
    Indonesia6.68-0.37
    Uruguay9.50-0.41
    Australia4.28-0.42
    Finland3.22-0.43
    Belgium3.31-0.45
    Peru6.76-0.46
    Norway3.65-0.48
    New Zealand4.98-0.49
    Canada4.63-0.50
    Ireland3.25-0.52
    Austria3.22-0.55
    Greece7.18-0.56
    Israel4.68-0.57
    Spain4.91-0.58
    Germany4.58-0.61
    France4.75-0.65
    Brazil10.46-0.69
    Netherlands4.64-0.71
    United Kingdom6.19-0.72
    South Africa11.24-0.73
    Mexico9.60-0.75
    Hungary6.96-0.76
    Italy4.62-0.78
    United States6.62-0.87
    Portugal6.61-0.96
    Chile5.70-1.06
    Colombia10.30-1.07
    Cayman Islands5.55-1.25
    Gibraltar9.92-1.28
    Switzerland5.14-1.39
    Slovenia7.11-2.09

    Country Local Currency Yields Ordered by Yield

    countryYieldYieldChange
    Turkey31.532.60
    Egypt23.010.03
    Luxembourg14.190.10
    South Africa11.24-0.73
    Dominican Republic11.04-0.08
    Brazil10.46-0.69
    Colombia10.30-1.07
    Gibraltar9.92-1.28
    Mexico9.60-0.75
    Sweden9.58-0.33
    Uruguay9.50-0.41
    Greece7.18-0.56
    Cyprus7.16-0.22
    Slovenia7.11-2.09
    Hungary6.96-0.76
    Peru6.76-0.46
    Indonesia6.68-0.37
    United States6.62-0.87
    Portugal6.61-0.96
    Romania6.56-0.15
    United Kingdom6.19-0.72
    Chile5.70-1.06
    Serbia5.66-0.14
    Cayman Islands5.55-1.25
    Poland5.30-0.02
    Switzerland5.14-1.39
    New Zealand4.98-0.49
    Spain4.91-0.58
    France4.75-0.65
    Israel4.68-0.57
    Netherlands4.64-0.71
    Canada4.63-0.50
    Italy4.62-0.78
    Germany4.58-0.61
    Czech Republic4.47-0.32
    Australia4.28-0.42
    Malaysia3.77-0.22
    Norway3.65-0.48
    Belgium3.31-0.45
    Ireland3.25-0.52
    Finland3.22-0.43
    Austria3.22-0.55
    Singapore3.04-0.33
    Thailand2.82-0.27
    Denmark2.77-0.35
    China2.590.01
    Japan0.99-0.21

    Recent Fixed Income Ideas ChArt

    Fixed Income Strategy Dec 2023

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    Average Sovereign GEM Yields (USD)

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    Average Corporate GEM Yields (USD)

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    Average Corporate High Yield GEM Yields (USD)

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    Average Sov. Dev. Markets Yields (blended currency)

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    Average UST Yield (Where Duration is less than 10 years)

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    Average Sovereign GEM Local Currency Yields

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    Bonds Datamine Queries



    Top 20 GEM Sovereign Bonds Yields Climbs Change USD Eurobonds (Losers) Weekly
    BondBOLIVIA PLURINATIONAL STATE OF RegS 28ECUADOR REPUBLIC OF (GOVERNMENT) RegS 30ECUADOR REPUBLIC OF (GOVERNMENT) RegS 35UKRAINE (GOVERNMENT OF) RegS 27

    Top 20 GEM Sovereign Bonds Yields Drops Week Change USD Eurobonds (Winners)
    BondCENTRAL BANK OF TUNISIA RegS 25PAKISTAN (ISLAMIC REPUBLIC OF) MTN RegS 26ARGENTINA REPUBLIC OF GOVERNMENT 30ARGENTINA REPUBLIC OF GOVERNMENT 29

    Top 10 GEM Corporate Bonds Yields Climbs Week Change USD Eurobonds (Losers)
    BondPETROFAC LTD RegS 26FIRST QUANTUM MINERALS LTD RegS 25FIRST QUANTUM MINERALS LTD RegS 26FIRST QUANTUM MINERALS LTD RegS 27

    Top 10 GEM Corporate Bonds Yields Drops USD Eurobonds (Winners) Weekly
    BondSMC GLOBAL POWER HOLDINGS CORP RegS 79FUQING INVESTMENT MANAGEMENT LTD MTN RegS 25TULLOW OIL PLC RegS 25BURGAN BANK KPSC RegS 79

    Country Average Sovereign Yield Change USD Eurobonds Weekly
    CountryBoliviaEcuadorUkraineSri LankaZambia

    Country Average Corporate Yield Change USD Eurobonds Weekly
    CountryZambiaUkraineMoldovaUnited StatesBahrain

    Top 30 GEM Souvereign Eurobonds by Yield
    NameUKRAINE (GOVERNMENT OF) RegSUKRAINE (GOVERNMENT OF) RegSETHIOPIA FEDERAL DEMOCRATIC REPUB RegS

    Top 30 GEM Corporate Eurobonds by Yield
    NameORIFLAME INVESTMENT HOLDING PLC RegSUNIGEL LUXEMBOURG SA RegSRKPF OVERSEAS 2020 A LTD RegS

    Top 30 GEM Local (reasonably rated) Currency Bonds by Yield
    NameTURKEY (REPUBLIC OF)TURKEY (REPUBLIC OF)TURKEY (REPUBLIC OF)

    Big Country Table - Stance, Ratings and Datamine


    Top 20 Developed Markets Sovereign Bonds Yields Climbs Change USD Eurobonds (Losers) Weekly
    BondDENMARK (KINGDOM OF) 24BLK CSH FND TREASURY SL AGENCY -BELGIUM (KINGDOM OF) 24JAPAN (GOVERNMENT OF) 5YR #144 25

    Top 20 Developed Markets Sovereign Bonds Yields Drops Change USD Eurobonds (Winners) Weekly
    BondITALY (REPUBLIC OF) 34ITALY (REPUBLIC OF) RegS 31ITALY (REPUBLIC OF) 33ITALY (REPUBLIC OF) RegS 33

    Top 10 Developed Markets Corporate Bonds Yields Climbs Week Change USD Eurobonds (Losers)
    BondCountryYieldYield Change %ptsSPIRIT IP CAYMAN LTD 144A 25United States28.9615.73SPIRIT IP CAYMAN LTD 144A 25United States28.9612.90COMMSCOPE TECHNOLOGIES LLC 144A 25United States24.0910.55COMMSCOPE INC 144A 27United States36.729.87COMMSCOPE TECHNOLOGIES LLC 144A 27United States36.748.16

    Top 10 Developed Markets Corporate Bonds Yields Drops Week Change USD Eurobonds (Winners)
    BondCountryYieldYield Change %ptsQVC INC 27United States13.92-9.87VERSCEND ESCROW CORP 144A 26United States0.26-9.68TELE COLUMBUS AG RegS 25Germany42.55-7.45QVC INC 28United States13.98-7.02RADIOLOGY PARTNERS INC 144A 28United States34.11-6.94

    Top 30 DM Souvereign Eurobonds by Yield
    NameISINcountryMaturityCouponYTWCANADA (GOVERNMENT OF)CA135087N340CanadaApr 01, 20251.506.17NEW ZEALAND (GOVERNMENT OF)NZGOVDT425C5New ZealandApr 15, 20252.755.24NEW ZEALAND (GOVERNMENT OF)NZGOVDT541C9New ZealandMay 15, 20411.755.17

    Top 30 DM Corporate Eurobonds by Yield
    NameISINcountryMaturityCouponYTWVIA CELERE DESARROLLOS INMOBILIARI RegSXS2321651031SpainApr 01, 20265.2550.00AUDACY CAPITAL CORP 144AUS29365DAB55United StatesMar 31, 20296.7550.00AUDACY CAPITAL CORP 144AUS29365DAA72United StatesMay 01, 20276.5050.00

    Top 20 GEM Sovereign Bonds Yields Climbs Change USD Eurobonds (Losers) Weekly

    BondCountryYieldYield Change % pts
    BOLIVIA PLURINATIONAL STATE OF RegS 28Bolivia32.354.13
    ECUADOR REPUBLIC OF (GOVERNMENT) RegS 30Ecuador36.993.39
    ECUADOR REPUBLIC OF (GOVERNMENT) RegS 30Ecuador30.283.28
    ECUADOR REPUBLIC OF (GOVERNMENT) RegS 35Ecuador23.571.44
    UKRAINE (GOVERNMENT OF) RegS 27Ukraine37.471.18
    ECUADOR REPUBLIC OF (GOVERNMENT) RegS 40Ecuador20.521.13
    UKRAINE REPUBLIC OF (GOVERNMENT) RegS 31Ukraine20.090.46
    UKRAINE REPUBLIC OF (GOVERNMENT) RegS 34Ukraine14.580.32
    PANAMA REPUBLIC OF (GOVERNMENT) 25Panama6.670.29
    UKRAINE REPUBLIC OF (GOVERNMENT) RegS 35Ukraine12.930.28
    BANCO NACIONAL DE PANAMA RegS 30Panama7.690.27
    UKRAINE (GOVERNMENT OF) RegS 26Ukraine50.000.24
    PANAMA REPUBLIC OF (GOVERNMENT) 28Panama6.510.15
    PANAMA REPUBLIC OF (GOVERNMENT) 36Panama7.460.13
    UKRAINE (GOVERNMENT OF) RegS 28Ukraine28.610.10
    UKRAINE (GOVERNMENT OF) RegS 29Ukraine23.390.03
    PANAMA (REPUBLIC OF) 36Panama7.340.02
    SRI LANKA (DEMOCRATIC SOCIALIST RE RegS 30Sri Lanka-0.00
    SRI LANKA (DEMOCRATIC SOCIALIST RE RegS 25Sri Lanka-0.00
    SRI LANKA (DEMOCRATIC SOCIALIST RE RegS 27Sri Lanka-0.00


    Top 20 GEM Sovereign Bonds Yields Drops Week Change USD Eurobonds (Winners)

    BondCountryYieldYield Change %pts
    CENTRAL BANK OF TUNISIA RegS 25Tunisia28.14-12.47
    PAKISTAN (ISLAMIC REPUBLIC OF) MTN RegS 26Pakistan24.56-11.95
    ARGENTINA REPUBLIC OF GOVERNMENT 30Argentina35.84-10.67
    ARGENTINA REPUBLIC OF GOVERNMENT 29Argentina40.07-9.93
    PAKISTAN (ISLAMIC REPUBLIC OF) RegS 27Pakistan19.70-7.43
    EGYPT (ARAB REPUBLIC OF) MTN RegS 25Egypt13.40-7.42
    ARGENTINA REPUBLIC OF GOVERNMENT 46Argentina23.47-6.51
    ARGENTINA REPUBLIC OF GOVERNMENT 35Argentina21.90-4.72
    PAKISTAN (ISLAMIC REPUBLIC OF) MTN RegS 29Pakistan16.86-4.55
    EGYPT (ARAB REPUBLIC OF) MTN RegS 27Egypt17.01-4.52
    PAKISTAN (ISLAMIC REPUBLIC OF) MTN RegS 31Pakistan17.65-3.96
    EGYPTIAN FINANCIAL COMPANY FOR SOV RegS 26Egypt12.27-3.75
    ARGENTINA REPUBLIC OF GOVERNMENT 38Argentina22.58-3.67
    EGYPT (ARAB REPUBLIC OF) MTN RegS 27Egypt16.13-3.66
    ARGENTINA REPUBLIC OF GOVERNMENT 41Argentina20.15-3.56
    EGYPT (ARAB REPUBLIC OF) MTN RegS 29Egypt16.40-3.21
    EGYPT (ARAB REPUBLIC OF) MTN RegS 28Egypt16.61-3.20
    JORDAN (HASHEMITE KINGDOM OF) RegS 26Jordan7.26-2.50
    EGYPT (ARAB REPUBLIC OF) MTN RegS 32Egypt15.53-2.28
    EGYPT (ARAB REPUBLIC OF) MTN RegS 32Egypt15.07-2.19


    Top 10 GEM Corporate Bonds Yields Climbs Week Change USD Eurobonds (Losers)

    BondCountryYieldYield Change %pts
    PETROFAC LTD RegS 26United Arab Emirates41.5116.46
    FIRST QUANTUM MINERALS LTD RegS 25Zambia15.156.45
    FIRST QUANTUM MINERALS LTD RegS 26Zambia15.386.34
    FIRST QUANTUM MINERALS LTD RegS 27Zambia14.185.15
    TOTAL PLAY TELECOMUNICACIONES SA D RegS 28Mexico30.353.94
    FIRST QUANTUM MINERALS LTD RegS 31Zambia13.403.76
    VEDANTA RESOURCES FINANCE II PLC RegS 25India39.003.29
    VEDANTA RESOURCES FINANCE II PLC RegS 26India39.093.16
    BANCO DO BRASIL (GRAND CAYMAN BRAN RegS 79Brazil16.763.13
    LIQUID TELECOMMUNICATIONS FINANCIN RegS 26South Africa27.842.44
    RIO ENERGY SA/UGEN SA/UENSA SA RegS 25Argentina41.301.67
    YAPI VE KREDI BANKASI AS MTN RegS 79Turkey10.571.47
    MHP LUX SA RegS 26Ukraine21.821.00
    DBS GROUP HOLDINGS LTD MTN RegS 28Singapore7.870.96
    AES GENER SA RegS 79Chile16.830.79
    ABRA GLOBAL FINANCE RegS 28Colombia20.050.57
    BANCO DO BRASIL SA (GRAND CAYMAN B RegS 79Brazil7.810.46
    METINVEST BV RegS 29Ukraine20.150.37
    ARAGVI FINANCE INTL RegS 26Moldova27.220.28
    MCC HOLDING (HONG KONG) CORP LTD RegS 79China6.500.24


    Top 10 GEM Corporate Bonds Yields Drops USD Eurobonds (Winners) Weekly

    BondCountryYieldYield Change %pts
    SMC GLOBAL POWER HOLDINGS CORP RegS 79Philippines22.93-19.24
    FUQING INVESTMENT MANAGEMENT LTD MTN RegS 25China19.92-15.96
    TULLOW OIL PLC RegS 25Ghana14.87-12.86
    BURGAN BANK KPSC RegS 79Kuwait12.04-11.10
    CENTRAL PLAZA DEVELOPMENT LTD RegS 26China16.70-9.46
    NWD FINANCE (BVI) LTD RegS 79Hong Kong22.59-8.94
    LONGFOR GROUP HOLDINGS LTD RegS 29China18.29-6.92
    SMC GLOBAL POWER HOLDINGS CORP RegS 79Philippines14.39-6.56
    YANLORD LAND (HK) CO LTD RegS 26China28.82-6.55
    SMC GLOBAL POWER HOLDINGS CORP RegS 79Philippines16.83-6.20
    FORTUNE STAR BVI LTD RegS 25China17.36-5.11
    BANK OF EAST ASIA LTD MTN RegS 79Hong Kong14.46-4.96
    YPF SA MTN RegS 27Argentina12.09-4.63
    SMC GLOBAL POWER HOLDINGS CORP RegS 79Philippines15.24-4.59
    GLOBAL LOGISTIC PROPERTIES LTD RegS 25Singapore35.31-4.41
    NWD FINANCE (BVI) LTD RegS 79Hong Kong25.43-4.19
    YPF SA RegS 25Argentina11.83-3.90
    LI & FUNG LTD MTN RegS 79Hong Kong11.56-3.89
    YPF SA RegS 26Argentina9.08-3.67
    GLP CHINA HOLDINGS LTD MTN RegS 26China30.34-3.64


    Country Average Sovereign Yield Change USD Eurobonds Weekly

    CountryAverage YieldYield Average change % pts
    Bolivia32.354.13
    Ecuador27.842.31
    Ukraine28.410.28
    Sri Lanka0.000.00
    Zambia0.000.00
    Ethiopia50.000.00
    Venezuela0.000.00
    Lebanon0.000.00
    Panama7.33-0.02
    United States5.13-0.02
    Ghana2.25-0.06
    Guatemala7.26-0.40
    Kazakhstan5.57-0.47
    Kuwait4.78-0.52
    China4.97-0.57
    Uruguay5.18-0.58
    United Arab Emirates5.52-0.58
    Malaysia5.32-0.62
    Romania6.46-0.62
    Brazil6.22-0.63
    Qatar5.28-0.65
    Poland5.35-0.65
    India5.50-0.66
    Philippines5.35-0.67
    Indonesia5.50-0.68
    Trinidad and Tobago5.82-0.68
    Saudi Arabia5.35-0.70
    Paraguay6.69-0.71
    Serbia6.49-0.76
    Chile5.71-0.78
    Mexico7.81-0.79
    Peru6.34-0.79
    Morocco6.28-0.80
    Senegal9.74-0.80
    Oman6.03-0.81
    Hungary6.09-0.86
    Dominican Republic7.13-0.87
    Bahrain6.80-0.88
    Costa Rica6.72-0.89
    El Salvador11.70-0.96
    Colombia7.32-0.97
    Jamaica5.89-0.98
    Turkey7.76-1.02
    Azerbaijan6.43-1.04
    South Africa7.57-1.10
    Cote D'Ivoire (Ivory Coast)8.15-1.23
    Nigeria10.58-1.27
    Angola11.98-1.49
    Iraq10.15-1.50
    Kenya11.12-1.53
    Jordan7.79-1.77
    Egypt15.13-2.80
    Argentina27.33-6.51
    Pakistan19.69-6.97
    Tunisia28.14-12.47


    Country Average Corporate Yield Change USD Eurobonds Weekly

    CountryAverage YieldYield Average change % pts
    Zambia14.535.43
    Ukraine20.990.68
    Moldova27.220.28
    United States5.13-0.02
    Bahrain7.78-0.02
    United Arab Emirates6.61-0.09
    Barbados6.95-0.25
    Czech Republic7.99-0.29
    Qatar6.01-0.38
    Poland28.64-0.40
    Oman6.37-0.45
    Korea (South)5.63-0.47
    Saudi Arabia6.02-0.48
    Turkey8.65-0.54
    Jordan7.00-0.55
    Chile7.03-0.56
    Singapore6.95-0.60
    Brazil8.14-0.61
    Taiwan5.17-0.62
    Mexico7.55-0.63
    India7.81-0.65
    Malaysia5.68-0.65
    Peru7.53-0.65
    Hungary7.80-0.66
    Tanzania8.19-0.69
    Panama8.25-0.70
    Supranational7.47-0.70
    Paraguay7.84-0.75
    Thailand6.35-0.75
    Indonesia7.04-0.78
    Morocco7.17-0.80
    Burkina Faso9.11-0.81
    South Africa7.81-0.83
    Colombia9.67-0.93
    China7.91-0.95
    Kazakhstan7.19-0.98
    Hong Kong7.44-0.99
    Vietnam8.55-1.01
    Guatemala7.89-1.02
    Macau8.34-1.14
    Kuwait7.80-1.34
    Nigeria10.32-1.35
    Israel7.89-1.37
    Luxembourg9.53-1.65
    Argentina13.90-2.22
    Philippines10.93-3.54
    Ghana13.73-4.99


    Top 30 GEM Souvereign Eurobonds by Yield

    NameISINcountryMaturityCouponYTW
    UKRAINE (GOVERNMENT OF) RegSXS1303921487UkraineSep 01, 20250.0050.00
    UKRAINE (GOVERNMENT OF) RegSXS1303925041UkraineSep 01, 20260.0050.00
    ETHIOPIA FEDERAL DEMOCRATIC REPUB RegSXS1151974877EthiopiaDec 11, 20246.6350.00
    ARGENTINA REPUBLIC OF GOVERNMENTUS040114HX11ArgentinaJul 09, 20291.0040.07
    UKRAINE (GOVERNMENT OF) RegSXS1303925470UkraineSep 01, 20270.0037.47
    ECUADOR REPUBLIC OF (GOVERNMENT) RegSXS2214239506EcuadorJul 31, 20300.0036.99
    ARGENTINA REPUBLIC OF GOVERNMENTUS040114HS26ArgentinaJul 09, 20300.7535.84
    BOLIVIA PLURINATIONAL STATE OF RegSUSP37878AC26BoliviaMar 20, 20284.5032.35
    ECUADOR REPUBLIC OF (GOVERNMENT) RegSXS2214237807EcuadorJul 31, 20306.0030.28
    UKRAINE (GOVERNMENT OF) RegSXS1303926528UkraineSep 01, 20280.0028.61
    CENTRAL BANK OF TUNISIA RegSXS1175223699TunisiaJan 30, 20255.7528.14
    PAKISTAN (ISLAMIC REPUBLIC OF) MTN RegSXS2322319398PakistanApr 08, 20266.0024.56
    ECUADOR REPUBLIC OF (GOVERNMENT) RegSXS2214238441EcuadorJul 31, 20353.5023.57
    ARGENTINA REPUBLIC OF GOVERNMENTUS040114HW38ArgentinaJul 09, 20461.7523.47
    UKRAINE (GOVERNMENT OF) RegSXS1303927179UkraineSep 01, 20290.0023.39
    ARGENTINA REPUBLIC OF GOVERNMENTUS040114HU71ArgentinaJan 09, 20384.2522.58
    GHANA (REPUBLIC OF) RegSXS1297557412GhanaOct 14, 203010.7522.54
    ARGENTINA REPUBLIC OF GOVERNMENTUS040114HT09ArgentinaJul 09, 20353.6321.90
    ECUADOR REPUBLIC OF (GOVERNMENT) RegSXS2214239175EcuadorJul 31, 20402.5020.52
    ARGENTINA REPUBLIC OF GOVERNMENTUS040114HV54ArgentinaJul 09, 20413.5020.15
    UKRAINE REPUBLIC OF (GOVERNMENT) RegSXS2010028699UkraineMay 21, 20310.0020.09
    PAKISTAN (ISLAMIC REPUBLIC OF) RegSXS1729875598PakistanDec 05, 20276.8819.70
    UKRAINE REPUBLIC OF (GOVERNMENT) RegSXS1902171757UkraineNov 01, 20300.0018.62
    PAKISTAN (ISLAMIC REPUBLIC OF) MTN RegSXS2322319638PakistanApr 08, 20317.3817.65
    EGYPT (ARAB REPUBLIC OF) MTN RegSXS1558078736EgyptJan 31, 20277.5017.01
    PAKISTAN (ISLAMIC REPUBLIC OF) MTN RegSXS2419405274PakistanJan 31, 20297.9516.86
    EGYPT (ARAB REPUBLIC OF) MTN RegSXS1775618439EgyptFeb 21, 20286.5916.61
    EGYPT (ARAB REPUBLIC OF) MTN RegSXS1953057061EgyptMar 01, 20297.6016.40
    EGYPT (ARAB REPUBLIC OF) MTN RegSXS2391394348EgyptSep 30, 20275.8016.13
    EGYPT (ARAB REPUBLIC OF) MTN RegSXS2176897754EgyptMay 29, 20327.6315.53


    Top 30 GEM Corporate Eurobonds by Yield

    NameISINcountryMaturityCouponYTW
    ORIFLAME INVESTMENT HOLDING PLC RegSUSG67744AA34PolandMay 04, 20265.1350.00
    UNIGEL LUXEMBOURG SA RegSUSL9467UAB37BrazilOct 01, 20268.7550.00
    RKPF OVERSEAS 2020 A LTD RegSXS2356173406ChinaJul 26, 20265.1350.00
    EASY TACTIC LTDXS2495358009ChinaJul 11, 20277.5050.00
    EASY TACTIC LTDXS2495355674ChinaJul 11, 20257.5050.00
    EASY TACTIC LTDXS2495359403ChinaJul 11, 20287.5050.00
    PETROFAC LTD RegSUSG7052TAF87United Arab EmiratesNov 15, 20269.7541.51
    RIO ENERGY SA/UGEN SA/UENSA SA RegSUSP8S12UAA35ArgentinaFeb 01, 20256.8841.30
    VEDANTA RESOURCES FINANCE II PLC RegSUSG9T27HAA24IndiaApr 23, 20269.2539.09
    VEDANTA RESOURCES FINANCE II PLC RegSUSG9T27HAD62IndiaMar 11, 20258.9539.00
    GLOBAL LOGISTIC PROPERTIES LTD RegSXS1242348164SingaporeJun 04, 20253.8835.31
    TOTAL PLAY TELECOMUNICACIONES SA D RegSUSP9190NAC76MexicoSep 20, 20286.3830.35
    GLP CHINA HOLDINGS LTD MTN RegSXS2314779427ChinaMar 29, 20262.9530.34
    YANLORD LAND (HK) CO LTD RegSXS2317279573ChinaMay 20, 20265.1328.82
    LIQUID TELECOMMUNICATIONS FINANCIN RegSXS2278474924South AfricaSep 04, 20265.5027.84
    ARAGVI FINANCE INTL RegSXS2326545204MoldovaApr 29, 20268.4527.22
    NWD FINANCE (BVI) LTD RegSXS2132986741Hong KongDec 31, 20795.2525.43
    SMC GLOBAL POWER HOLDINGS CORP RegSXS1896598908PhilippinesDec 31, 20796.5022.93
    GLP PTE LTD MTN RegSXS2340147813SingaporeDec 31, 20794.5022.89
    NWD FINANCE (BVI) LTD RegSXS2435611327Hong KongDec 31, 20796.1522.59
    MHP LUX SA RegSXS1713469911UkraineApr 03, 20266.9521.82
    FWD GROUP LTD RegSXS2038876558Hong KongDec 31, 20796.3821.49
    ODEBRECHT HOLDCO FIN LTD RegSUSG6714UAA81BrazilSep 10, 20580.0020.70
    NEW WORLD DEVELOPMENT BVI LTD RegSXS2348062899Hong KongDec 31, 20794.1320.42
    METINVEST BV RegSXS2056723468UkraineOct 17, 20297.7520.15
    ABRA GLOBAL FINANCE RegSUSG00912AB48ColombiaMar 02, 202811.5020.05
    FUQING INVESTMENT MANAGEMENT LTD MTN RegSXS2190467667ChinaJun 23, 20253.2519.92
    PCPD CAPITAL LTD RegSXS2351326991Hong KongJun 18, 20265.1319.86
    ITAU UNIBANCO HOLDING SA RegSUSP59699AB77BrazilDec 31, 20794.6319.20
    WEST CHINA CEMENT LTD RegSXS2346524783ChinaJul 08, 20264.9518.44


    Top 30 GEM Local (reasonably rated) Currency Bonds by Yield

    NameISINcountryMaturityCouponYTW
    TURKEY (REPUBLIC OF)TRT011025T16TurkeyOct 01, 202512.6036.33
    TURKEY (REPUBLIC OF)TRT120325T12TurkeyMar 12, 20258.0036.14
    TURKEY (REPUBLIC OF)TRT240724T15TurkeyJul 24, 20249.0035.61
    TURKEY (REPUBLIC OF)TRT110226T13TurkeyFeb 11, 202610.6032.64
    TURKEY (REPUBLIC OF)TRT020926T17TurkeySep 02, 202616.9031.36
    TURKEY (REPUBLIC OF)TRT240227T17TurkeyFeb 24, 202711.0030.17
    TURKEY (REPUBLIC OF)TRT080328T15TurkeyMar 08, 202812.4029.60
    TURKEY (REPUBLIC OF)TRT110827T16TurkeyAug 11, 202710.5028.39
    EGYPT (ARAB REPUBLIC OF)EGBGR03351F6EgyptSep 14, 202414.5326.05
    TURKEY (REPUBLIC OF)TRT130733T17TurkeyJul 13, 203317.8025.73
    EGYPT (ARAB REPUBLIC OF)EGBGR02331F9EgyptSep 10, 202414.3525.40
    TURKEY (REPUBLIC OF)TRT131130T14TurkeyNov 13, 203011.7023.51
    EGYPT (ARAB REPUBLIC OF)EGBGR02471F3EgyptJan 14, 202513.5422.96
    EGYPT (ARAB REPUBLIC OF)EGBGR03171F8EgyptApr 06, 202614.4822.47
    EGYPT (ARAB REPUBLIC OF)EGBGR02931F6EgyptOct 20, 202514.3722.47
    EGYPT (ARAB REPUBLIC OF)EGBGR03071F0EgyptJan 12, 202614.0622.46
    EGYPT (ARAB REPUBLIC OF)EGBGR02941F5EgyptOct 13, 202714.5622.46
    EGYPT (ARAB REPUBLIC OF)EGBGR03361F5EgyptJul 06, 202614.5622.46
    EGYPT (ARAB REPUBLIC OF)EGBGR03081F9EgyptJan 05, 202814.2922.45
    EGYPT (ARAB REPUBLIC OF)EGBGR02271F7EgyptMay 07, 202916.1022.41
    EGYPT (ARAB REPUBLIC OF)EGBGR02341F8EgyptSep 10, 202914.4022.40
    EGYPT (ARAB REPUBLIC OF)EGBGR02951F4EgyptOct 06, 203014.6622.17
    SOUTH AFRICA (REPUBLIC OF)ZAG000106972South AfricaJan 31, 20448.7512.11
    SOUTH AFRICA (REPUBLIC OF)ZAG000125980South AfricaJan 31, 20409.0012.05
    SOUTH AFRICA (REPUBLIC OF)ZAG000195280South AfricaMar 31, 205311.6312.05
    SOUTH AFRICA (REPUBLIC OF)ZAG000096173South AfricaFeb 28, 20488.7512.03
    SOUTH AFRICA (REPUBLIC OF)ZAG000077488South AfricaFeb 28, 20416.5011.93
    SOUTH AFRICA (REPUBLIC OF)ZAG000107012South AfricaJan 31, 20378.5011.81
    SOUTH AFRICA (REPUBLIC OF)ZAG000030404South AfricaMar 31, 20366.2511.57
    SOUTH AFRICA (REPUBLIC OF)ZAG000125972South AfricaFeb 28, 20358.8811.49


    Big Country Table - Stance, Ratings and Datamine

    NCountryNaCountryStanceAvg Sovereign YieldSov. Yield Avg Wk Change btpsAvg Corporate YieldCorp. Yield Avg Wk Change btpsGDP GrowthTotal GDP $ bnGDP per capita PPP $Savings to GDPInflationPopulationCurrent Account to GDPBudget Revenue to GDPGov Debt to GDPBudget Balance to GDPSandP RatingMoodysFitchDgong
    AngolaAngolaOverweight17.60-1060.00-1.37488.98319.86220.97931.031-6.71920.881-0.534BB-Ba3BB-BB-
    ArgentinaArgentinaOverweight27.17-568.0024.60-80.00-5.719443.24918.308n/a45.551n/a34.18-0.689SDCaa1RDD
    AzerbaijanAzerbaijanOverweight4.22-208.007.22-319.00-2.18448.03827.7473.310.18-8.24937.653BBB-Baa3BBB-
    BrazilBrazilUnderweight4.719.008.79-72.00-5.3031893.0115.1683.01211.376-1.77130.73961.046-6.044BB+Baa3BBBA-
    ChileChileOverweight3.38-63.0010.2219.00-4.486308.50520.3522.519.458-0.86923.21410.834-1.408AA-Aa3A+AA
    ChinaChinaOverweight2.08-36.004.53-31.001.18115269.94243.4490.9531404.4550.54529.14-6.173AA-Aa3A+AA+
    ColombiaColombiaOverweight3.94-66.005.63-180.00-2.386343.17718.0693.19850.886-4.67226.55540.157-0.091BBBBaa2BBBBBB+
    Costa RicaCosta RicaUnderweight9.4658.00-3.29265.17916.23925.136-4.45514.588-5.507BBBaa3BB+
    C?te dIvoireCote D'Ivoire (Ivory Coast)Overweight6.91-109.00
    CroatiaCroatia (Hrvatska)Overweight2.49-136.00-9.02463.17222.3281.1264.038-3.98545.947n/a-0.322BB+Baa3BBBBBB-
    Dominican RepublicDominican RepublicUnderweight6.74-54.00-0.96596.29124.298310.472-5.23414.33343.699-4.388B+B1B
    EcuadorEcuadorOverweight36.14-1292.00-6.271109.44426.3140.13617.511-5.68437.1062.392B+Caa1BB-
    EgyptEgyptUnderweight7.41-235.001.952353.00315.0576.212101.493-4.25720.35875.676-7.091CCC+Caa1B-B-
    El SalvadorEl SalvadorUnderweight10.5387.00-5.4427.91813.7770.46.766-4.13621.295-3.411BB-Ba2BB-
    GabonGabonOverweight9.79-403.00-1.19617.62332.2932.108-8.37719.22BB-BB-
    GhanaGhanaUnderweight10.48-313.0021.09-1313.001.48769.75722.3279.93330.779-4.45315.36660.427BB+B
    HungaryHungaryOverweight2.53-51.00-3.1180.49827.1442.9889.738-0.12343.9357.983-2.405BBBa1BB+BBB-
    IndonesiaIndonesiaOverweight3.81-61.0010.90-158.000.4991204.8331.8873.092269.865-3.16914.42426.778-1.766BB+Baa3BBB-BBB-
    IraqIraqOverweight11.63-284.00-4.723232.74512.301140.132-21.66439.545
    KazakhstanKazakhstanOverweight4.11-108.0020.21-42.00-2.53182.62325.0678.09318.882-6.78921.118-14.293-0.02BBB+Baa2BBBBBB-
    KenyaKenyaUnderweight8.92-8.001.01109.12812.2244.550.722-4.55518.12457.969B+B+B
    LatviaLatviaUnderweight-8.60836.77122.4250.4961.925-2.16135.68227.417-0.689A-Baa1A-BB
    LebanonLebanonUnderweight0.00-227.00-12.01960.455-3.15617.4586.02-12.64222.865157.913-12.658BB1B
    LithuaniaLithuaniaUnderweight-8.08656.22520.429-0.2542.7626.01335.05623.9710.263A-Baa1A-BBB-
    MalaysiaMalaysiaOverweight3.62-73.003.24-36.00-1.7381.52325.0250.10633.221-0.09917.951-2.553A-A3A-A+
    MexicoMexicoUnderweight6.38-130.005.10-110.00-6.631322.48919.5022.435127.092-0.2822.30346.323-2.475AAAA3BBB+BBB
    MongoliaMongoliaOverweight10.139.00-114.67433.33763.363-10.20130.175BB-B1B+BB-
    MoroccoMoroccoUnderweight2.68-204.004.99-87.00-3.744124.53931.0650.335.952-7.7926.33964.287-3.525BBB-Ba1BBB-BBB
    PakistanPakistanUnderweight9.16-90.00-1.547n/a12.1139.758208.57-1.70616.25675.161B-Caa1CCC
    PanamaPanamaUnderweight3.14-49.005.81-205.00-2.0573.36933.606-14.279-6.817.86839.992-2.322BBBBaa2BBBA-
    ParaguayParaguayUnderweight5.08-96.006.37-193.00-142.82623.9213.0087.253-2.18617.94520.49-0.541BB-B1B+
    PeruPeruOverweight3.29-57.005.68-223.00-4.534240.17520.8781.57532.824-0.8720.21812.063-1.079BBB+A3BBB+BBB+
    PhilippinesPhilippinesOverweight2.54-65.005.27-48.000.648383.48227.2322.6110.041-2.25520.605-1.559BBBBaa3BBB-BBB
    PolandPolandUnderweight1.35-25.002.873.00-4.579606.7320.0472.14937.9490.15940.4442.505-2.825A-A2A-A-
    RomaniaRomaniaUnderweight3.82-35.00-5261.86816.6911.38819.521-5.50430.53830.404-4.015BBB-Baa3BBB-BB+
    RussiaRussian FederationOverweight2.89-122.003.67-190.00-5.4661657.53927.9193.793146.6180.70234.2070.164BB+Ba1BBB-A
    SerbiaSerbiaUnderweight-3.01655.43718.9911.556.937-6.13740.16347.6160.118BB-B1B+BB-
    Slovak RepublicSlovak RepublicOverweight-6.2111.87422.2670.3965.459-2.98539.465-1.135
    South AfricaSouth AfricaUnderweight7.13-176.007.55-750.00-5.801369.85414.027059.720.15829.12860.276-4.94BBB-Baa1BBBA
    Sri LankaSri LankaUnderweight26.39582.00-0.53692.11125.9714.522.184-3.63113.978B+B1BB-B+
    TurkeyTurkeyUnderweight7.29-69.008.11-249.00-4.998813.8125.1731284.040.38630.48624.882-5.14BB+Baa3BBB-BB-
    UkraineUkraineUnderweight7.53-329.0012.13-982.00-7.731161.87216.2917.67641.702-2.01537.666-2.508BBB-Caa1CCCB-
    UruguayUruguayUnderweight3.27-54.00-362.91718.76883.531-2.49130.57253.173-3.92BBB-Baa2BBB-BB+
    VenezuelaVenezuelaUnderweight0.000.00-1562.921n/a15,000.0025.922.41n/aBB2B+BB+
    VietnamVietnamUnderweight3.45-235.006.10-271.002.7284.84728.167296.4070.72723.287BB-B1B+B+
    ZambiaZambiaOverweight36.26156.0010.99-261.00-3.50723.34236.8312.718.882-1.99719.70982.437B+B+
    Hong KongHong KongUnderweight3.87-10.00AAAAa1AA+AAA
    IndiaIndiaUnderweight3.82-85.007.48-230.001.8713202.18329.4842.7341369.557-0.59219.696-7.047BBB-Baa3BBB-BBB+
    IsraelIsraelUnderweight5.20-102.00-6.288410.50124.312-1.59.233.54535.8759.693-3.789A+A1AA-
    JamaicaJamaicaUnderweight6.91-23.0035.81-585.00-5.60516.47416.0534.92.891-7.83429.066CCC+B3B-
    KoreaKorea (South)Overweight2.793.00-1.1781626.55333.484-0.352.0564.94622.60316.897-0.338
    QatarQatarOverweight2.61-86.002.94-148.00-4.345195.22553.7662.76-1.9236.437AAAa2AA-
    SingaporeSingaporeOverweight3.5627.00-3.47369.62743.689-0.4375.70214.82218.5890.518AAAAaaAAAAAA
    ThailandThailandUnderweight3.679.00-6.662557.30930.712-1.05768.0165.16521.4170.053BBB+Baa1BBB+BBB
    United Arab EmiratesUnited Arab EmiratesOverweight2.66-97.005.20-150.00-3.492414.0237.728-111.0771.5228.401Aa2BBB+


    Top 20 Developed Markets Sovereign Bonds Yields Climbs Change USD Eurobonds (Losers) Weekly

    BondCountryYieldYield Change % pts
    DENMARK (KINGDOM OF) 24Denmark3.430.02
    BLK CSH FND TREASURY SL AGENCY -United States5.13-0.02
    BELGIUM (KINGDOM OF) 24Belgium3.50-0.03
    JAPAN (GOVERNMENT OF) 5YR #144 25Japan-0.01-0.04
    JAPAN (GOVERNMENT OF) 2YR #445 25Japan-0.04-0.04
    UK CONV GILT RegS 25United Kingdom4.72-0.04
    FRANCE (REPUBLIC OF) RegS 24France3.50-0.04
    JAPAN (GOVERNMENT OF) 10YR #339 25Japan-0.01-0.04
    JAPAN (GOVERNMENT OF) 20YR #76 25Japan-0.03-0.04
    JAPAN (GOVERNMENT OF) 20YR #75 25Japan-0.03-0.04
    JAPAN (GOVERNMENT OF) 2YR #447 25Japan-0.03-0.05
    JAPAN (GOVERNMENT OF) 2YR #449 25Japan-0.01-0.05
    JAPAN (GOVERNMENT OF) 20YR #81 25Japan0.01-0.05
    JAPAN (GOVERNMENT OF) 2YR #444 25Japan-0.06-0.05
    UK CONV GILT RegS 25United Kingdom4.68-0.05
    JAPAN (GOVERNMENT OF) 2YR #450 25Japan0.00-0.05
    JAPAN (GOVERNMENT OF) 20YR #78 25Japan-0.01-0.05
    JAPAN (GOVERNMENT OF) 20YR #73 24Japan-0.06-0.05
    JAPAN (GOVERNMENT OF) 2YR #451 25Japan-0.02-0.06
    JAPAN (GOVERNMENT OF) 2YR #452 25Japan0.00-0.08


    Top 20 Developed Markets Sovereign Bonds Yields Drops Change USD Eurobonds (Winners) Weekly

    BondCountryYieldYield Change % pts
    ITALY (REPUBLIC OF) 34Italy4.21-0.69
    ITALY (REPUBLIC OF) RegS 31Italy3.78-0.68
    ITALY (REPUBLIC OF) RegS 33Italy4.05-0.68
    ITALY (REPUBLIC OF) 33Italy4.06-0.68
    ITALY (REPUBLIC OF) RegS 33Italy4.04-0.67
    ITALY (REPUBLIC OF) 35Italy4.28-0.67
    ITALY (REPUBLIC OF) RegS 29Italy3.68-0.67
    ITALY (REPUBLIC OF) RegS 32Italy3.99-0.67
    ITALY (REPUBLIC OF) 31Italy3.88-0.67
    ITALY (REPUBLIC OF) RegS 32Italy3.93-0.67
    ISRAEL (STATE OF) 47Israel4.63-0.66
    ITALY (REPUBLIC OF) RegS 29Italy3.62-0.66
    ITALY (REPUBLIC OF) RegS 31Italy3.81-0.66
    ITALY (REPUBLIC OF) RegS 29Italy3.59-0.66
    ITALY (REPUBLIC OF) 32Italy3.90-0.66
    ITALY (REPUBLIC OF) 36Italy4.35-0.66
    ITALY (REPUBLIC OF) 36Italy4.32-0.66
    ITALY (REPUBLIC OF) 31Italy3.88-0.66
    ITALY (REPUBLIC OF) MTN 30Italy3.67-0.65
    ITALY (REPUBLIC OF) RegS 28Italy3.49-0.65


    Top 10 Developed Markets Corporate Bonds Yields Climbs Week Change USD Eurobonds (Losers)

    BondCountryYieldYield Change %pts
    SPIRIT IP CAYMAN LTD 144A 25United States28.9615.73
    SPIRIT IP CAYMAN LTD 144A 25United States28.9612.90
    COMMSCOPE TECHNOLOGIES LLC 144A 25United States24.0910.55
    COMMSCOPE INC 144A 27United States36.729.87
    COMMSCOPE TECHNOLOGIES LLC 144A 27United States36.748.16
    DISH DBS CORP 26United States31.435.79
    LUMEN TECHNOLOGIES INC 144A 29United States39.875.69
    ALTICE FRANCE HOLDING SA RegS 28Luxembourg31.715.04
    ALTICE FRANCE HOLDING SA RegS 27Luxembourg35.114.97
    VERITAS US INC 144A 25United States24.224.79
    DISH DBS CORP 28United States27.084.18
    COMMSCOPE INC 144A 28United States29.043.49
    DISH DBS CORP 29United States22.823.19
    CURO GROUP HOLDINGS CORP 144A 28United States36.793.02
    HUGHES SATELLITE SYSTEMS CORP 26United States16.452.98
    RACKSPACE TECHNOLOGY GLOBAL INC 144A 28United States28.002.85
    ALTICE FRANCE HOLDING SA 144A 27Luxembourg34.422.16
    RADIATE HOLDCO LLC / RADIATE FINAN 144A 28United States26.651.93
    COMMSCOPE INC 144A 29United States14.401.87
    COMMSCOPE INC 144A 26United States13.361.62


    Top 10 Developed Markets Corporate Bonds Yields Drops Week Change USD Eurobonds (Winners)

    BondCountryYieldYield Change %pts
    QVC INC 27United States13.92-9.87
    VERSCEND ESCROW CORP 144A 26United States0.26-9.68
    TELE COLUMBUS AG RegS 25Germany42.55-7.45
    QVC INC 28United States13.98-7.02
    RADIOLOGY PARTNERS INC 144A 28United States34.11-6.94
    CHS/COMMUNITY HEALTH SYSTEMS INC 144A 29United States19.51-6.91
    CHS/COMMUNITY HEALTH SYSTEMS INC 144A 30United States17.66-6.76
    SINCLAIR TELEVISION GROUP INC 144A 30United States11.48-6.45
    QVC INC 25United States10.55-6.22
    LD HOLDINGS GROUP LLC 144A 28United States16.40-5.53
    ELIOR GROUP SA RegS 26France9.74-5.21
    BELLIS FINCO PLC RegS 27United Kingdom9.92-4.55
    LD HOLDINGS GROUP LLC 144A 25United States14.16-4.39
    EG GLOBAL FINANCE PLC 144A 25United Kingdom4.54-4.33
    NIDDA HEALTHCARE HOLDING GMBH RegS 26Germany3.63-4.10
    IHEARTCOMMUNICATIONS INC 27United States20.87-4.03
    CHS/COMMUNITY HEALTH SYSTEMS INC 144A 28United States26.79-4.03
    UBER TECHNOLOGIES INC 144A 25United States3.52-3.73
    HERBALIFE LTD 144A 25United States8.97-3.52
    STAPLES INC 144A 27United States29.14-3.52


    Top 30 DM Souvereign Eurobonds by Yield

    NameISINcountryMaturityCouponYTW
    CANADA (GOVERNMENT OF)CA135087N340CanadaApr 01, 20251.506.17
    NEW ZEALAND (GOVERNMENT OF)NZGOVDT425C5New ZealandApr 15, 20252.755.24
    NEW ZEALAND (GOVERNMENT OF)NZGOVDT541C9New ZealandMay 15, 20411.755.17
    BLK CSH FND TREASURY SL AGENCYUS0669224778United States-5.345.13
    NEW ZEALAND (GOVERNMENT OF)NZGOVDT551C8New ZealandMay 15, 20512.755.11
    NEW ZEALAND (GOVERNMENT OF)NZGOVDT437C0New ZealandApr 15, 20372.755.10
    NEW ZEALAND (GOVERNMENT OF)NZGOVDT526C0New ZealandMay 15, 20260.504.99
    NEW ZEALAND (GOVERNMENT OF)NZGOVDT534C4New ZealandMay 15, 20344.254.97
    NEW ZEALAND (GOVERNMENT OF)NZGOVDT433C9New ZealandApr 14, 20333.504.94
    NEW ZEALAND (GOVERNMENT OF)NZGOVDT532C8New ZealandMay 15, 20322.004.92
    NEW ZEALAND (GOVERNMENT OF)NZGOVDT531C0New ZealandMay 15, 20311.504.91
    NEW ZEALAND (GOVERNMENT OF) RegSNZGOVDT427C1New ZealandApr 15, 20274.504.88
    NEW ZEALAND (GOVERNMENT OF)NZGOVDT530C2New ZealandMay 15, 20304.504.87
    NEW ZEALAND (GOVERNMENT OF)NZGOVDT429C7New ZealandApr 20, 20293.004.83
    NEW ZEALAND (GOVERNMENT OF)NZGOVDT528C6New ZealandMay 15, 20280.254.83
    UK CONV GILT RegSGB0030880693United KingdomMar 07, 20255.004.72
    CANADA (GOVERNMENT OF)CA135087P402CanadaNov 01, 20243.004.71
    ISRAEL (STATE OF)IL0011840761IsraelNov 29, 20522.804.69
    UK CONV GILT RegSGB00BLPK7110United KingdomJan 31, 20250.254.68
    AUSTRALIA (COMMONWEALTH OF) RegSAU000XCLWAS7AustraliaMar 21, 20473.004.68
    AUSTRALIA (COMMONWEALTH OF) RegSAU0000097495AustraliaJun 21, 20511.754.65
    ITALY (REPUBLIC OF)IT0005530032ItalySep 01, 20434.454.65
    AUSTRALIA (COMMONWEALTH OF) RegSAU0000300535AustraliaJun 21, 20544.754.64
    ISRAEL (STATE OF)IL0011401937IsraelMar 31, 20473.754.63
    ITALY (REPUBLIC OF)IT0004923998ItalySep 01, 20444.754.63
    ITALY (REPUBLIC OF)IT0005363111ItalySep 01, 20493.854.63
    AUSTRALIA (COMMONWEALTH OF) RegSAU0000018442AustraliaMay 21, 20412.754.62
    UK CONV GILT RegSGB00B39R3707United KingdomDec 07, 20494.254.60
    UK CONV GILT RegSGB00BN65R313United KingdomJan 22, 20453.504.60
    UK CONV GILT RegSGB00B128DP45United KingdomDec 07, 20464.254.60


    Top 30 DM Corporate Eurobonds by Yield

    NameISINcountryMaturityCouponYTW
    VIA CELERE DESARROLLOS INMOBILIARI RegSXS2321651031SpainApr 01, 20265.2550.00
    AUDACY CAPITAL CORP 144AUS29365DAB55United StatesMar 31, 20296.7550.00
    AUDACY CAPITAL CORP 144AUS29365DAA72United StatesMay 01, 20276.5050.00
    HEIMSTADEN AB RegSSE0015657903SwedenMar 09, 20264.2549.82
    TELE COLUMBUS AG RegSXS1814546013GermanyMay 02, 20253.8842.55
    LUMEN TECHNOLOGIES INC 144AUS156700BD72United StatesJan 15, 20294.5039.87
    RACKSPACE TECHNOLOGY GLOBAL INC 144AUS750098AA35United StatesDec 01, 20285.3837.07
    CURO GROUP HOLDINGS CORP 144AUS23131LAE74United StatesAug 01, 20287.5036.79
    COMMSCOPE TECHNOLOGIES LLC 144AUS20338HAB96United StatesMar 15, 20275.0036.74
    COMMSCOPE INC 144AUS20338QAA13United StatesMar 01, 20278.2536.72
    ALTICE FRANCE HOLDING SA RegSXS2138128314LuxembourgMay 15, 20278.0035.11
    ALTICE FRANCE HOLDING SA 144AUS02156TAB08LuxembourgMay 15, 202710.5034.42
    RADIOLOGY PARTNERS INC 144AUS75041VAA26United StatesFeb 01, 20289.2534.11
    BAUSCH HEALTH COMPANIES INC 144AUS071734AK34United StatesFeb 15, 20296.2532.54
    ALTICE FRANCE HOLDING SA 144AUS02156TAA25LuxembourgFeb 15, 20286.0032.29
    ALTICE FRANCE HOLDING SA RegSXS2138140798LuxembourgFeb 15, 20284.0031.71
    DISH DBS CORPUS25470XAY13United StatesJul 01, 20267.7531.43
    KLEOPATRA HOLDINGS 2 SCA RegSXS2298382453LuxembourgSep 01, 20266.5030.15
    STAPLES INC 144AUS855030AP77United StatesApr 15, 202710.7529.14
    COMMSCOPE INC 144AUS203372AV94United StatesJul 01, 20287.1329.04
    SPIRIT IP CAYMAN LTD 144AUS84859BAA98United StatesSep 20, 20258.0028.96
    SPIRIT IP CAYMAN LTD 144AUS84859BAB71United StatesSep 20, 20258.0028.96
    RACKSPACE TECHNOLOGY GLOBAL INC 144AUS750098AB18United StatesFeb 15, 20283.5028.00
    BAUSCH HEALTH COMPANIES INC 144AUS071734AJ60United StatesJan 30, 20305.2527.91
    BAUSCH HEALTH COMPANIES INC 144AUS071734AP21CanadaFeb 01, 20276.1327.66
    DISH DBS CORPUS25470XBB01United StatesJul 01, 20287.3827.08
    CHS/COMMUNITY HEALTH SYSTEMS INC 144AUS12543DBE94United StatesApr 01, 20286.8826.79
    RADIATE HOLDCO LLC / RADIATE FINAN 144AUS75026JAE01United StatesSep 15, 20286.5026.65
    TALKTALK TELECOM GROUP PLC RegSXS2121167345United KingdomFeb 20, 20253.8826.20
    BAUSCH HEALTH COMPANIES INC 144AUS071734AC18United StatesAug 15, 20275.7525.57

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