Daily Note 10/11/2023 – Market View: Day Ahead, Macro, Stocks, Debt Markets


  • A mixed session for equities yesterday with Europe ending the day largely in the green, while in the US the markets started positively but then pulled back to end in the red.
  • Diageo issued a profit warning this morning, informing the market that it expects operating profit growth to be slower in H1’24 than H1’23, citing weaker performance in Latin America and the Caribbean.
  • The poor 30-year Treasuries auction and hawkish Fed comments drove a sell off in core bonds, with a resultant uptick in yields.