Daily Brady Bond Trading Commentary
Thursday May 25 2000
The recovery in Latin debt prices stalled Thursday afternoon as U.S. equity markets turned south again.
Daily Brady Bond Trading Commentary
Thursday May 18 2000
Emerging markets debt posted mixed results Thursday on low volume and continues to trade in a range-bound fashion, led by gyrations in equity markets.
Daily Brady Bond Trading Commentary
Wednesday May 17 2000
Fallout from the Fed rate hike weighed debt and equity markets Wednesday. Most emerging markets debt prices slid, as investors remain scarce and the future interest rate picture cloudy.
Daily Brady Bond Trading Commentary
Tuesday May 16 2000
With debt markets having discounted for several weeks a 50 bps rate hike by the FOMC, Tuesday's tightening announcement had little impact on emerging markets debt prices.
Daily Brady Bond Trading Commentary
Friday May 12 2000
The week ahead will be a testing one for all markets as we first take in the FOMC actions and then try and interpret them. The current wisdom is that the Fed has little option but to raise rates by 50bps although a small minority continue to see a move of only 25bps.