Daily Economic Research

KBVS ECONOMIC RESEARCH
Thursday, 9 October 2025

Macro Highlight :
Minutes from the latest FOMC meeting indicated that Federal Reserve officials are increasingly concerned about downside risks to employment, even as inflation remains a persistent challenge. Looking ahead, key drivers for the global fixed income market today include developments related to the U.S. government shutdown, market reactions to the FOMC Minutes, remarks by Fed Chair Jerome Powell, the release of weekly Initial Jobless Claims data, and the U.S. 30-Year Bond Auction.

The domestic fixed income market continued to show positive momentum, with the ICBI rising by +0.13% and the ISIX by +0.11%. Today’s retail sales release is expected to draw the focus of domestic investors, alongside global market developments.

We anticipate a decrease in the 10Y SUN yield today (9 Oct ‘25), projecting it to range between 6.03% and 6.23%.

 

Regards,
KBVS Research Team

 

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