AIlocations Inc

We're excited to announce that we’re partnering with @TheFinanceHive at their upcoming Fixed Income US Members Meeting! Taking place on 26th September, we’ll be coming together at the Moxy Brooklyn Williamsburg to discuss corporate new issuance trends and how our platform leverages AI to streamline manual workflows, in a closed-door, open-minds format. We’ll be joined by buy side members from Vanguard, American Century Investments, JP Morgan Asset Management, T. Rowe Price, Morgan Stanley Investment Management and lots more. Find out more about how to get involved here?https://lnkd.in/ebHMUxVt

A jam packed Wednesday (15+ deals) after minimal issuance earlier in the week. Despite recent volatility, the debt markets are 'not closed, it’s just about picking the right window,’ according to Wells Fargo global head of high-grade debt syndicate. Read more here: https://lnkd.in/eepEquTm

Recent inflation data and fund flows paint an interesting picture of the corporate bond market. The June CPI report showed a significant cooling, with the annual rate dropping to 3%, its lowest in three years. This was followed by a slightly hotter-than-expected PPI reading of 0.2% for June, bringing the year-over-year increase to 2.6%. Despite these mixed signals, Chairman Powell said today that the central bank won’t wait until inflation hits their much-publicized target of 2%. Not surprisingly, markets have focused on the CPI data strengthening expectations for Fed rate cuts as early as September, driving yields lower across the board. The US junk bond yield reached a three-month low of 7.73% while the average high-grade yield was at a four-month low of 5.26%, reflecting increased risk appetite. Steady fund flows this year in anticipation of cuts by the Fed may finally be rewarded, with high-yield notes seeing a $675.5 million inflow in the week ended July 10. Treasuries continued to attract substantial inflows while short and intermediate-term investment-grade bonds have seen significant inflows in previous weeks. As the Lipper weekly fund flows period covers the prior Thursday through Wednesday, we expect to see the full impact of sentiment in the coming weeks' flow data. Given these trends and the looming presidential election, we anticipate a surge in corporate bond issuance in the near term as companies seek to lock in favorable rates before potential market volatility increases later in the year.

We’re excited to introduce New Issue Insight at the?2024 Fixed Income Leaders Summit?in Boston. Come see our Founder, John Tokarowski, speak on Friday at 12:40pm at the Innovation Spotlight to get a preview of the platform engineered to solve the biggest pain points in the new issue process. At?Allocations, our mission is to unlock time for investment decisions by automating the overhead associated with data retrieval, setup, and standardization. Learn more at https://www.new-issue.com

We’re #hiring an experienced go-to-market leader with a background in the bond market. Know anyone who might be interested?