Daily Note 21/11/2023 – Market View: Day Ahead, Macro, Stocks, Debt Markets

21.11.2023

  • It was a strong start to the week for equity markets yesterday with European and US markets ending the day in the green, as the street’s focus was drawn to the strong demand during the auction for 20-year US treasuries.
  • Into a market with no publicly available estimates, CRH this morning issued a nine-month update that would appear to be broadly in line with market expectations. (Comment Attached)
  • US Treasuries resumed their climb towards their strongest month since March, as traders were buoyed by the demand for long-dated bonds.