MEXICO: Finance Minister Amador Confident Of Meeting 2025 Budget Metrics

• Date $MM Issuer (Priced *, Launch #)
• 02/10 $Benchmark Eli Lilly 3Y +27, 5Y +42, 7Y +50, 10Y +60, 30Y +80, 40Y +90
• 02/10 $2B #Union Pacific $1B 10Y +65, $1B 30Y +88
• 02/10 $500M #Textron 10Y +102
• Expected to launch Tuesday:
• 02/11 $700M Snap Inc 8NC3 7%a

A new survey from CBS has found that most Americans describe Trump as "tough," "energetic," "focused" and "effective" — and believe he is “doing what he'd promised during his campaign…”

• CBS notes: “Many say he's doing more than they expected — and of those who say this, most like what they see. Very few think he's doing less."
• CBS adds: “His partisans and his voters, in particular, say he's got the right amount of focus on matters like ending diversity, equity and inclusion programs and deporting those who are in the country illegally. His deportation policy finds majority approval overall — just as most voters said they wanted during the campaign — and that extends to sending troops to the border, too."
• The report warns: “But one key issue looms: Most Americans say the administration isn't focused enough on lowering prices. Inflation was a key reason Mr. Trump won the election.”

Figure 1: “Describe Donald Trump as…?” 

Source: CBS

RRP usage inches up to $99.653B this afternoon from Friday's $95.248B - compares to last Wednesday's $78.788B -- lowest level since mid-April 2021. The number of counterparties rebounds to 41 from 33 prior.