CORRECTED-MNI: Fed's Hammack-Near Or At Time To Slow Rate Cuts

MNI BRIEF: Fed's Goolsbee Sees Rates Fair Bit Lower In A Year

CANADA JOBLESS RATE +6.8% VS FORECAST +6.6%, PRIOR +6.5%

MNI China Daily Summary: Friday, December 6

MNI: PBOC Net Drains CNY288.1 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Lower At 7.1848 Fri; -1.64% Y/Y

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT PRELIMINARY DEC INDEX 74.0

CANADA NOV IVEY PURCHASING MANAGERS INDEX 52.3 SA

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

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PIPELINE
Equinix outpaces EBay that outpaced General Dynamics. All said and done, $9.425B to price Monday
  • Date $MM Issuer (Priced *, Launch #)
  • 05/03 $2.6B #Equinix $700M 5Y +65, $400M 7Y +80, $1B 10Y +95, $500M 30Y +115. Last year, Equinix issued 2.6B on Jun 8: $500M 5Y +85, $500M 7Y +115, $1.1B 10Y +130, $00M 30Y +145
  • 05/03 $2.5B #EBay $750M 5Y +60, $750M 10Y +100, $1B 30Y +135. Last year, EBay issued total $1.75B: $500M each 5Y +120, 10Y +170, $300M 5Y Tap +70, $450M 10Y tap +145
  • 05/03 $1.5B #General Dynamics $500M 5Y +35, $500M 10Y +65, $500M 20Y +70. Last year General Dynamics issued $4B on March 23: $750M 5Y +295, $750M 7Y +300, $1B 10Y +300, $750M 20Y +295, $750M 30Y +295
  • 05/03 $1.1B #Norfolk Southern $500M 10Y +70, $600M 100Y +180. NS issued $800M 30Y +178 on April 3, 2020.
  • 05/03 $1B #Southern Co 30NC5 3.75%
  • 05/03 $725M #NGPL PipeCo 10Y +165
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