Daily Note 10/05/2023 – Market View: Day Ahead, Macro, Stocks, Debt Markets

10.05.2023

  • Softer tone to markets yesterday with attention focused on talks on the debt ceiling between President Biden and Republican House Speaker, Kevin McCarthy.
  • Ryanair confirmed speculation yesterday that they are ordering up to 300, (150 firm orders, 150 optioned), Boeing 737-Max-10 aircraft for delivery between 2027 and 2033, in a deal worth up to $40bn, to be substantially funded from internal cashflows. (Comment Attached)
  • Sovereign bond yields edged higher yesterday.