Daily Note 18/05/2023 – Market View: Day Ahead, Macro, Stocks, Debt Markets
- A strong session for US equity markets yesterday as fears over the breaching of the debt ceiling receded. Positive follow through in Asia overnight and expected also in Europe at the open.
- Greencoat Renewables, the renewable energy group, this week announced the completion of the acquisition of the 37.8MW Cloghan Wind Farm, located in County Offaly. Cloghan was acquired in December 2020 under a forward sale commitment from Statkraft, who will continue to provide trading and operational management services.
- Sovereign bond yields ticked higher across the board yesterday with the ten-year US and two-year Treasury yields both. European bond yields also rose slightly.