After a healthy rebound yesterday, stocks were back in the red this morning, weighed down by a multitude of macro headlines and earnings disappointments. Around midday a few “buy the dippers” showed up but it was too late to rescue the day completely. That said, the selling never got that strenuous. The SPX and CCMP both finished below the line in tandem with yields, which also retreated throughout the day. With yields reversing course, despite a large issuance this week and a stronger 3yr auct…
The content on this site is available to all Redburn clients as part of Redburn Execution’s standard service. It is not considered substantive research and there are no commercial implications to viewing these pages.
Please enter your email address below to view this page. If you are still unable to access the page, please speak to your account manager.