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The Marked Chart Wire · Markets
Treasury Auction
The US Treasury auctioned $70 billion in 5-year notes, which were awarded at a high yield of 4.845 percent. The bid-to-cover ratio came in at 2.33, up from the previous auction's 2.21.
Part of a series: Treasury yields rise then fall as bond sales proceed
New to this? Read: Reading a stock chart
AI Spending
The Nasdaq 100 rose 1.2 percent while chipmakers gained 3.3 percent ahead of the Fed's rate decision. Meta's $25 billion equity raise is said to have drawn five times the expected investor interest.
HotCoreWeave
Credit default swap spreads for CoreWeave five-year debt narrowed to their lowest point in more than seven days, last trading at 1041.4 basis points.
Private Equity Debt
PitchBook data shows $300 billion in firm debt comes due in 2028 and 2029. BofA expects speculative-grade loan defaults to reach 4 percent next year.
Options Flow
Options data indicates a 5.3 million contract imbalance for the S&P 500, contrasting with a 13.6 million contract imbalance for the Nasdaq 100.
Fed
US stock futures increased on Tuesday morning while investors focused on the upcoming Federal Reserve decision and recent earnings reports.
AI Rally
Asian equities climbed Tuesday following a surge in US tech stocks driven by AI optimism. US futures also ticked up while oil prices continued to fall.
Fast headlines, summarized. Not verified and not advice. Check the full story before you act.