Daily Brady Bond Trading Commentary
Friday February 4, 2000
Strong employment data sent U.S. Treasuries lower Friday, but the fallout was negligible in emerging debt and equity markets.
Daily Brady Bond Trading Commentary
Wednesday February 3, 2000
Moody's announced that it is placing Mexico's foreign currency debt ratings on review for possible upgrade, sending prices markedly higher.
Daily Brady Bond Trading Commentary
Tuesday February 2, 2000
There was virtually no reaction in emerging markets to the FOMC rate decision, indicating that nervousness still reigns ahead of Friday's employment report.
Daily Brady Bond Trading Commentary
Tuesday February 1, 2000
If the FOMC continues to follow its typical moderate approach and hikes rates by 25 bps, a short-term relief rally in financial markets is likely to ensue.