>The Trade Mirror: Bond markets and beyond

KEY HIGHLIGHTS
■ Sovereign debt: Rally ebbed on pending HTM action; auction devolvement
■ Corporate debt: Corporates step up CP issuance; 10-yr segment lacked participation
■ Flow tracker: Overnight liquidity back to INR 2.40 tn in October first week
■ Swaps, IRF and CDS
■ Macro variables: WPI witnesses pull-back; revision of 90bps goes unnoticed
■ Global watch

• US watch: revolving consumer credit plunges to record low; -13.1%
• US treasury: US treasury: 10-yr bond yield up 21bps in a week; fears unwinding
• Treasury issuance and forthcoming releases
• Economy pulse: UK, Euro zone, Japan
• Key takeaways from rest of the world
• Global benchmarks: Sovereign bonds of the world
• Commodities and currencies: Central Banks intervening to support exports on dollar depreciation

To read the full report: THE TRADE MIRROR