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US Treasury yields have jumped in the past week
Kevin Warsh's speech at Jackson Hole has pushed up borrowing costs for dollar issuers
◆ Three year creates another point on curve ◆ €750m was target, Leumi’s deputy CEO said ◆ Strong market reopening after summer lull gave confidence
Data
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Some EM credits have enjoyed big spread tightening
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The new offer looks 'exactly like' the Ukraine's and its other state-owned issuers' consent solicitations
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Over 80% of bondholders agree to push out maturities
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A public spat between Ukraine and Naftogaz risks diminishing investor goodwill
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Sovereign likely to solve oil company dispute but investors tired of negative headlines
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