The purpose of these exercises will be to discuss a recent-event that has taken place in the financial markets, and what implicatins are to the fixed income markets as whole or a particular sector.
There is a plethora of data that comes out on a daily basis, any of which has the ptential to provide you with sufficient observations to complete the assignment. Obviously, the greatest impetus for market movement is when news comes out that is unexpected. It is thee situations that will provide you with the most material covering the event and the subsequent market reactions. Some of these events may be but are not limited to;
– Fed action/ comments(easing, tighetning, no change)
-Release of economic data (monthly payrolls, inflation measures)
-Corporate activity (LBO’S, Takeovers, Buybacks)
-Legal changes (congress)
The write up must be 2-3 pages and must be based off of the writers understanding of what took place and what were the main areas affected by the given event. Supporting refereces can and should accompany your disscussion but it should be kept to your own words as much as possible.