Demand for Lebanese Eurobonds started the week on a positive note despite US bond market reverting back to its downward trend. This translated into the BLOM Bond Index (BBI) increasing by 0.12% to settle at 107.56 points. The yields on the 5Y and 10Y Lebanese notes declined by 2 basis points (bps) each to 5.20% and 6%, respectively. Meanwhile the yield on the medium-term U.S notes surged by 8 bps to close the session at 1.54%. In turn, the spread between the yields on the 5Y Lebanese Eurobonds and their US comparable narrowed by 10 bps to 366 bps. Moreover, Lebanon’s 5Y Credit Default Swaps (CDS) remained at a quote of 370-397 bps for the 4th consecutive session.