Treasuries Rise On MBS Weakness

  • 17 Jul 2007
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U.S. Treasury bonds have risen for a second straight day amid speculation that subprime mortgage loan securities losses will increase, reports Bloomberg News. According to James Collins, a Citigroup Global Markets analyst, the market is waiting for the other shoe to drop in mortgage-backed securities.

The market has otherwise been healthy with the Dow Jones Industrial Average hitting a record high and the Standard & Poor’s 500 Index slipping 0.2% from a record. “As long as there's not spillover or contagion into the broader market, this is just a repricing of lower-quality risk products,” said James Caron, head of U.S. interest-rate strategy at Morgan Stanley in New York.

Click here to read the story from Bloomberg News

  • 17 Jul 2007

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Bank of America Merrill Lynch (BAML) 4,755 19 11.75
2 Citi 4,288 14 10.60
3 Rabobank 2,633 4 6.51
4 Goldman Sachs 2,615 4 6.46
5 Barclays 2,603 8 6.43

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 24 Jul 2017
1 Bank of America Merrill Lynch 57,945.74 181 12.35%
2 Citi 57,243.86 174 12.20%
3 Wells Fargo Securities 48,214.86 152 10.28%
4 JPMorgan 33,301.70 114 7.10%
5 Credit Suisse 25,010.27 80 5.33%