Reports are admitted only from public, source-verifiable pages. How Tlines structures a report, grouped by asset, publishing institution or topic below.
MUFG recommends buying the ATDBCN EUR 3.901 2033 senior bond, citing its rich yield, cheap valuation relative to its own issuer curve and peers, and strong fundamentals of Alimentation Couche-Tard. They expect up to 0.9pt of relative upside over the next…
Fixed Income Commentary September 3, 2026 Debt Research Bonds/Rates 【 Fixed Income Commentary 】 Differences of opinion among central bank policymakers and implications for term premia (original Japanese report issued on September 3, 2026) Key points ■ Recent…
PIMCO expects a K-shaped economic recovery to persist, favoring high quality and senior tranches in asset-based finance over subprime exposure, with subprime stress seen as idiosyncratic and not systemic.
ING argues that rising US long-term yields are driven by inflation and fiscal deficits, with real yields playing a dominant role due to issuance pressure and AI-driven productivity optimism. The base case sees the 10-year Treasury yield testing 5%, while…
UBS CIO discusses the recent rise in global bond yields and its complex impact on currencies, highlighting that not all high yields support currencies. They favor NOK, NZD, GBP, and CNY for their attractive carry and fiscal foundations, expect EURUSD to move…
The Bank of Canada held its policy rate at 2.25% but delivered a hawkish shift, removing language that the rate was appropriate and warning that upside risks to inflation have increased. This opens the door for rate hikes as early as October, with markets…
PIMCO economist Tiffany Wilding analyzes the inflation versus wage puzzle, arguing that current above-target inflation is driven by profit margins rather than labor costs. She outlines three scenarios for resolving the price/labor-cost gap, favoring the…
TD Economics reports that while Canada has made significant progress in reducing interprovincial labour mobility barriers through initiatives like the Red Seal program and the CFTA, about one-quarter of businesses still face hiring difficulties due to…
The Bank of Canada held its policy rate at 2.25% as expected. The statement highlighted elevated uncertainty from Middle East conflict and trade breakdown, while acknowledging stronger Q2 growth. It noted headline inflation around 3% but underlying pressures…
The Czech 2027 draft budget widens the deficit to 3.5% of GDP, leading to record borrowing needs and pressure on government bonds. It also raises the risk of a rate hike by the Czech National Bank, given faster wage growth and looser fiscal policy.
ING believes the dollar is poised to strengthen further due to a hawkish Federal Reserve under Chair Kevin Warsh, supported by rising energy prices. The Fed is expected to hike rates in September, which will likely overshadow fiscal concerns. Key levels and…
Middle East tensions drive crude, diesel, and European gas prices sharply higher. Gold slips on rising rate concerns, while soybeans hit multi-year highs on biofuel policy support and weather risks.
ING expects the ECB to raise rates by 25bp next week as an insurance move against energy-driven inflation, but doubts further hikes beyond September because the economy is resilient rather than overheating. They emphasize the importance of avoiding additional…
The Bank of Canada held the overnight rate at 2.25% for the seventh consecutive meeting in September 2026, balancing domestic recovery against elevated risks from US tariffs and higher energy prices. RBC expects rates to remain unchanged through 2026, with…
The report from OCBC Research on 2 September 2026 highlights a risk-off day in markets, driven by US-Iran conflict escalation and a global bond rout, leading to surging oil prices and higher Treasury yields. Credit spreads widened in IG and HY, while Asia USD…
Follow our podcasts by searching ‘ OCBC Research Insights ’ on Telegram! 1 By Global Markets | 2 September 2026 Daily Treasury Outlook Highlights Global: US equities sold off broadly at the start of September as a deepening global bond rout and…
Scotiabank Economics reports that bonds and stocks are simultaneously cheapening due to renewed Iran hostilities and inflation concerns, while central banks like the Bank of Canada, RBNZ, and RBA are making key decisions amidst mixed economic data. The BoC is…
Saxo Bank analyzes Apple's CEO transition to John Ternus, emphasizing that he inherits a powerful ecosystem rather than a turnaround. The key focus for investors should be on ecosystem growth, services momentum, product innovation, and capital allocation. AI…
Saxo Bank's article discusses the impact of rising bond yields (5% on the US 10-year) on equity markets, emphasizing the need for selectivity. It identifies winners (cash-generative companies with strong balance sheets, financials, energy, commodities,…
Saxo Bank's report highlights that energy majors have strongly outperformed Big Tech amid AI-driven investment cycles. Seven energy majors delivered 38.5% average returns versus 18% for the Magnificent Seven, driven by commodity scarcity and elevated refining…