Daily Note 03/10/2023 – Market View: Day Ahead, Macro, Stocks, Debt Markets

03.10.2023

  • Markets were mixed yesterday, with the main US indices trending modestly higher buoyed by a strong outturn from the magnificent seven tech stocks.
  • This morning, Ryanair reported its monthly traffic numbers which showed the airline carried 17.4m passengers in September, reflecting 9% YoY growth.
  • Bonds continued to sell off yesterday, with yields on the US 10-year briefly climbing above 4.7% for the first time since October 2007.