UBS managing director and senior portfolio manager Jason Katz what has expected from President Donald Trump’s effect and earnings and business deals on Wall Street.
US corporate bond The end of the last week spread by the end of four weeks, as the concerns around a month -long global trade war appeared calm.
Market risk arising from president Donald Trump’s Trade policies have shook the American corporate bond market for several weeks after the trade policies announced a broad tariff. But they quiet in the week after their decision to stop levy on most countries except China.
US President Donald Trump has placed a chart of “Make America Amir again again at the Rose Garden at the White House at Washington, DC on 2 April 2025, DC, speaking during the” Business Declaration program “, a chart of” mutual tariff “. (Chip Somodeville / Getty Image / Getty Image)
High-grade bonds spread, on Friday, two basis points were tightened, and a total of eight BPS in total last week. According to the Ice BOFA index, the junk spreads, meanwhile, six BPS composed 367 and 49 bps total last week.
Recently amidst the upheaval of the market, who owns the American treasury?
IG spreads are the highest since weeks of narrowness presidential election, On Monday, the chief credit strategist at BMO Capital Markets, Dan Creator.
Analysts spread to a large extent to calm down a clearly in global trade stresses. He also pointed to a flexible economy and market -showing data.
High-grade bonds spread, on Friday, two basis points were tightened, and a total of eight BPS in total last week. (Reuters / Mike Seger / Reuters Photos)
But the market participants still hope that the bonds will spread over the second quarter and to the rest of this year, as Trump’s economic policies and their impacts move forward.
“We still feel that the spreads are widely biased, even if they can grind slightly further in the short term,” said Hans Mikelsen, Head Credit Strategist Hans Mikelsen at the TD American note on Monday morning.
China is warned on currency moves, bond market ‘deleveraging’ is not a systemic issue
According to Mikelsen, Bond Market experienced record instability last month and last month in response to the tariff position. He said the investment-grade bond trading volumes are about 14% up at a record level at the same time last year, while junk bond trading increased by nearly 12%, but in March 2020, all time records became shy.
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Analysts expect a new supply of $ 30 billion to $ 35 billion this week, and a total of May supply $ 150 billion to $ 160 billion to $ 160 billion.
Fifteen companies, including Google Parents -The alphabet ink. Philip Morris and Proctor & Gambal are expected to cost the new bond on Monday.
| Langer | Security | Last | Change | Change % |
|---|---|---|---|---|
| Gogal | Alphabet ink. | 160.61 | -1.35 |
-0.83% |
| O’clock | Philip Morris International Inc. | 169.17 | -1.07 |
-0.63% |
| PG | Proctor and Gambal Cum. | 161.86 | +0.85 |
+0.53% |
