Indices S&P 5007,353.7 −4.36% NASDAQ 10026,630 −6.36% DOW51,523 −3.44% RUSSELL 2K2,729.9 −4.45% S&P FUT7,400.0 +0.23% NDX FUT26,935 +0.68% VIX28.18 +69.66% TSX35,605 −2.03% BOVESPA166,191 −0.82% MEXICO IPC71,088 +0.38% FTSE 10010,783 −0.43% DAX26,325 −0.43% CAC 408,205.4 +0.34% STOXX 506,231.5 −0.55% SMI14,968 −0.37% FTSE MIB50,506 −1.03% IBEX 3519,486 +0.59% AEX1,129.2 −0.62% OMXS303,301.1 −0.32% BIST 10011,333 +2.81% NIKKEI57,509 −5.84% HANG SENG24,797 +5.40% SHANGHAI3,689.9 +2.27% CSI 3004,113.4 +0.29% KOSPI4,923.5 −8.55% TAIEX41,575 −4.00% ASX 2009,021.6 −0.48% SENSEX79,310 +3.11% NIFTY 5024,537 +3.05% STI5,296.2 +0.52% FX DXY101.49 −0.05% EUR/USD1.1226 +0.07% GBP/USD1.3458 +0.04% USD/JPY157.73 +0.05% USD/CHF0.8162 +0.02% USD/CAD1.4014 0.00% AUD/USD0.6943 +0.16% NZD/USD0.5599 +0.05% USD/CNH6.6618 −0.03% USD/TRY50.1315 +0.01% EUR/TRY56.3207 +0.26% GBP/TRY67.4910 +0.24% USD/MXN18.7340 +0.03% USD/BRL5.4870 −0.30% USD/INR94.47 0.00% USD/ZAR16.4715 +0.31% USD/KRW1,356.9 +0.01% USD/SGD1.2779 −0.02% USD/HKD7.8366 −0.07% USD/SEK9.8106 +0.17% USD/NOK9.2979 +0.32% USD/PLN3.9222 +0.12% EUR/GBP0.8340 +0.02% EUR/JPY177.02 +0.10% EUR/CHF0.9160 +0.04% GBP/JPY212.24 +0.14% Yields US2Y4.48% −0.1bp US5Y4.62% +0.7bp US10Y4.85% +1bp US30Y5.26% +1.3bp DE2Y2.96% −1.1bp DE10Y3.24% −0.7bp GB2Y4.76% +1.1bp GB10Y5.15% +0.9bp GB30Y5.63% +3.1bp FR10Y4.77% −1.8bp IT10Y4.36% +0.9bp ES10Y3.83% −0.7bp CH10Y0.46% +1.4bp JP10Y2.70% −6.3bp CN10Y1.58% −3.6bp AU10Y5.00% −1.7bp CA10Y3.67% −3.4bp IN10Y7.17% −2bp BR10Y15.22% −7bp ZA10Y8.42% −18.5bp MX10Y9.11% +0.1bp TR2Y36.20% −58bp TR10Y33.02% 0bp Commodities GOLD$4,110.90 −0.06% SILVER$52.11 −0.51% PLATINUM$1,522.90 +0.03% COPPER$6.257 −0.21% BRENT$99.17 +0.90% WTI$91.14 +0.68% NAT GAS$2.941 −0.20% WHEAT599.25¢ 0.00% CORN440.75¢ +0.17% SOYBEANS1,189.75¢ +0.13% COFFEE277.40¢ +0.09% Crypto BTC$76,282 −5.46% ETH$2,246 −7.14% SOL$90.32 −5.82% XRP$1.22 −6.16% BNB$694.94 −3.52% DOGE$0.0723 −6.15% ADA$0.1844 −6.40% TRX$0.3185 −0.25% AVAX$8.31 −5.16% LINK$10.84 −5.28%
00:45 GMT · Markets wrap ›

Bonds wrap: Apple’s $7B print hits a crowded high-grade calendar

MoneyTurkey Bonds editorial image, Style 4, 5 Nov 2026. Night Midtown skyline through a dark trading-desk window; blank term sheets and fountain pen on the desk. Overlay: Apple seven-tranche USD print, up to $7 billion; first public sale since May 2025 for buybacks not AI. Guidance about T+45 two-year to T+80 for 2036; leads Bank of America, Deutsche Bank, Goldman Sachs, JPMorgan; expected Aaa/AA+. Tiles: about $137 billion cash, about $145 billion annual operating cash flow, about $80 billion existing debt. Tranches: floating 2028–29 and fixed 2028, 2029, 2031, 2033, 2036. Strip: peers Microsoft $25B, Meta $15B, Oracle $10B, Alphabet about €6B; prior Apple $4.5B May 2025.

Bond desks are weighing a crowded high-grade calendar against shifting policy signals: Apple’s $7 billion multi-tranche return adds supply just as gilts, South Africa’s debt ratios and India’s oil-led rally reset local curves.

MoneyTurkey Bonds Desk | Bonds wrap, updated 5 November 2026, 15:12 London

Full article: Apple Markets $7 Billion Bond Sale as Big Tech Crowds the High-Grade Calendar →

Key points

  • Apple joins the Big Tech calendar with a seven-part USD print guided at about T+45 to T+80
  • Gilts hit their lowest yields since August ahead of the BoE’s hike to 4%
  • South Africa’s debt ratios fall on a GDP rebase; Indian bonds rally as oil slides

Latest developments

Apple joins crowded calendar with seven-part USD print

  • Deal spans floating notes to 2029 and fixed tranches out to 2036, with two-year paper guided at about T+45 and 2036 at about T+80.
  • Proceeds earmarked for buybacks, dividends and capex despite Apple’s roughly $137 billion cash pile and $145 billion operating cash flow.

Full article →

Gilt yields hit lowest since August ahead of BoE hike

Gilt yields hit lowest since August ahead of BoE hike
  • 10-year gilt yields dropped as Brent futures lost nearly four per cent into the decision week
  • Dollar index slipped about half a per cent to 101.45, its softest reading in four weeks

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South Africa debt ratios fall after GDP rebase

South Africa debt ratios fall after GDP rebase
  • South Africa’s 2025/26 debt-to-GDP ratio now at 74.6 percent after a R393 billion GDP uplift, with the sub-70 percent mark now expected in 2032/33.
  • The Treasury’s 2026/27 main budget deficit narrows to 3.5 percent of GDP from 3.7 percent.

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Indian bonds rally most since April as oil slides

Indian bonds rally most since April as oil slides
  • The RBI sees inflation peaking this quarter, reducing pressure on longer-term rates.
  • Traders lifted the rupee in tandem with the rally, marking its strongest session since April.

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ECB stays on hold as French yields test 5%

ECB stays on hold as French yields test 5%
  • Deposit rate held at 2.5% amid 3.8% inflation and energy-price risks
  • French 10-year yield near 5% lifts euro-area spreads to about 155 bp

Full article →

For information only. Not investment advice.