Daily Note 19/10/2023 – Market View: Day Ahead, Macro, Stocks, Debt Markets

19.10.2023

  • It was risk off day in markets yesterday with European and US indices each finishing in the red, as strong macro data from the US, continues to support the higher for longer interest rate narrative.
  • Roche this morning issued a solid nine-month trading update and confirmed guidance for the full year. (Comment Attached)
  • US treasury prices fell and yields rose yesterday with 10-year Treasury yields at one point hitting their highest level since 2007.