US jobs data leaves SSA market puzzled on rate cuts

September 09, 2024 03:17 pm

Washington, USA. 27th May, 2024. A general view of the seal of the U.S. Federal Reserve on the William McChesney Martin Jr. building, in Washington, DC, on Monday, May 27, 2024. (Graeme Sloan/Sipa USA) Credit: Sipa US/Alamy Live News

Non-farm payrolls show softening US employment but numbers are not clear enough to indicate 50bp cut

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login

Topics

SSA US dollar

Elias Wilson

SSA reporter GlobalCapital

Related articles

Supras and agencies

World Bank back in fives in fixed rate dollar

◆ World Bank restarts supra dollar supply ◆ Issuer pushes pricing through recent supras ◆ 'Robust' market unfazed by tight spreads

Addison Gong, October 21, 2025
Sovereigns

Sweden passes test of tight Treasury pricing

◆ Sovereign prices just 1.7bp over US Treasuries ◆ Rarity and diversification attract investors ◆ International issuance picks up

Addison Gong, October 21, 2025
Primary Market Monitor

SSA issuers pay skinny premiums in October despite historically low spreads

New issue premiums in October are running below the year's average as investors anticipate a slower pace of issuance

Sarah Ainsworth, October 21, 2025
SSA

Hamburg offers rare 20 year as some investors rotate from long-end France

◆ Dealers pitched wide range of pricing ◆ Hard limit orders drop away ◆ Finnvera, IDA, Saxony bring euro mandates

Sarah Ainsworth, October 21, 2025
Covered Bond Analysis

Duration demand muted in covered despite long end SSA success

Five and 10 years more appealing, with ultra-long spreads deemed 'rather costly'

Frank Jackman, October 21, 2025
Sovereigns

‘Momentum back’ in euro SSA market despite France downgrade

S&P’s cut to sovereign rating was unscheduled, but unsurprising

Addison Gong, October 20, 2025