Index Roll Down and Relative Value Index Roll Down and Relative Value Index Relative Value | Index | Tenor | Spread | Duration | 12m | Spread | Beta & Dur | BreakEven | Flattener | Curve Level | Dur Neutral | Equal Notl | 9 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | Roll Down | Beta (6m) | Adj Roll Down | | | | 12m P&L* | 12m P&L | 10 | | IG | 3Y | 33 | 2.74 | 0.57 | 0.99 | 0.21 | 21.3 | IG 3s5s | 21 | 0.08 | 0.43 | 11 | | IG | 5Y | 54 | 4.39 | 1.00 | 1.00 | ...

Flash | 27 Jul 2026 08:12:54 ET │ 10 pages The Coca-Cola Company (KO.N) KO Announces Majority of US fairlife Production has Resumed CITI'S TAKE This morning, KO announced that fairlife has resumed the majority of production at its four facilities in the US, and the company believes the incident is unlikely to have a material impact on the company's financial condition or results of operations. On July 16, KO announced that its fairlife brand identified unauthorized access by a third party to a portion of it ...

2 7 9 10 11 18 23 25 26 27 iBoxx HY Snapshot | | | | | iBoxx HY | | | CDX HY (5Y) Total | Sector | Sector Weights Avg OAS (bp) | | Avg Price | YTD TR | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | NAV | OAS (bp) | Yield | # of Issuers | # of Bonds | Total Return | Return | | | | | | Rating | YTD TR | | Current | 399.07 | 289.64 | 7.49 | 452 | 1323 | - | - | Basic Materials | 5.9% | 288 | 93.72 | 1.9% | BB | 1.5% | | 1W | 401.30 | 283.35 | 7.28 | 452 | 1 ...

Vi e w p o i n t | 27 Jul 2026 08:24:22 ET │ 15 pages Latin America Food Manufacturers LatAm Food & Beverages Clipping - (2026_07_27) CITI'S TAKE Country reduces beer price against the trend in the Americas, and minister wants a 'light' sin tax (Estadão, Jul 25) Milk leaves breakfast and ends up in Generation Z drinks, research shows (Estadão, Jul 24) The 'surprise' of European leaders with the blockade on Brazilian meat (Valor Econômico, Jul 27) Fat cattle prices advance after fall, points out Datagro (Can ...

Flash | 27 Jul 2026 06:39:14 ET │ 13 pages Dexus (DXS.AX) DXS continues to progress with its divestment program, exceeding $2bn target for FY25-FY27 CITI'S TAKE Dexus Group announced the divestment of 3 wholly-owned office properties in Sydney and Brisbane, generating $715mn, putting it ahead of its FY25-FY27 divestment target of $2bn. DXS already secured $1.4bn of divestments out of its target $2bn by Dec-2025 and today's divestments demonstrate its strong focus on execution. The 3 divestments announced to ...

Citi's Most Read - Commodities & ClimateTech July 20 - July 26 Commodity Research | Equity Research Roundup | 27 Jul 2026 07:10:21 ET Citi Global Research AC +44-20-7500-1400 CommodityResearch Maximilian J Layton | Eric G Lee | Francesco Martoccia | Anthony Yuen | Arkady Gevorkyan OECD government strategic crude oil inventories by region – the US has drawn down the most, from 415-m bbls in Feb'26 to 319-m bbls in Jul'26, with Japan down from 263-m bbls to 217-m bbls (for crude oil) in the same time period O ...

Citi's Most Read - Pan Asia July 20 - July 26 Most Read This report presents our most-read research reports over the last 7 days, ordered based on readership for each of the sections below. MostRead Global Commodities - Wildcards 2H'26: 1970s Oil Shock Rerun, and Other Wildcards Commodities markets are in an era where geopolitical, climate and technological shocks routinely overwhelm traditional supply-demand analysis. Rather than only what is most likely, investors need to consider what is plausible, and w ...

Vi e w p o i n t | In our daily, we highlight items of interest for Homebuilders, Building Products & Construction Materials investors: Homebuilders outperformed last week (+0.7% vs S&P -0.6%) as solid earnings and above-cons GM from DHI & PHM offset Middle East conflict and inflation concerns; Building Products lagged (-1.3%). Herein we debut our Week 2 earnings tracker, identifying 49 Homebuilders & Building Products producers reporting with key items to watch; today we'll look for reads on discretionary ...

The SMID Point Monday, 27 July 2026 Company | Industry Roundup | 27 Jul 2026 07:00:00 ET Citi North America Research AC +1-212-816-5062 Company Albertsons Companies Inc (ACI.N) - Too Much Self-Help Required, and "Too Cheap" Not Enough; Downgrading to Neutral We are downgrading ACI from Buy to Neutral. Though we were cautious into 1Q (preview), we thought the stock's low multiple provided some cushion (and a miss seemed priced in). But EPS and ID sales missed consensus by more than we thought, and mgmt cut t ...

Citi's Most Read - Financials & FinTech July 20 - July 26 Most Read Roundup | 27 Jul 2026 07:36:53 ET Citi Global Research AC +44-20-7500-1400 MostRead Marsh Inc (MRSH.N) - Balanced Risk-Reward; Downgrade to Neutral We are downgrading the shares of Marsh to Neutral from Buy. The stock now appears to more reasonably discount the outlook, while we lack a differentiated view on the company's current prospects. When we upgraded the shares to Buy on May 6, we believed concerns or AI risk and pricing had created ...