Market Information Wednesday 18 March 2026

The European Parliament’s trade committee will vote on Thursday on a long-delayed part of the EU–US trade deal. The vote, postponed earlier due to new U.S. import tariffs and political tensions, concerns removing EU import duties on selected American industrial goods and lobster. A final vote in the full Parliament is expected at the end of March.

Wall Street closed higher on Tuesday as investors awaited the Federal Reserve’s upcoming rate decision. Airline stocks, including Delta and American Airlines, rallied after raising their revenue outlooks, even as high oil prices and Middle East tensions continued to weigh on sentiment. Markets expect the Fed to keep rates steady. Energy, tech, and bank shares showed modest gains. Eight of the eleven S&P sectors finished in positive territory.

Investors are increasingly offloading software loans from CLO portfolios as fears grow that AI could severely disrupt the sector. CLO managers, wary of possible rating downgrades and future defaults, are actively reducing their software exposure—the largest single sector within U.S. CLO collateral. Spreads have widened, some loans are trading at discounts, and buyer interest remains limited as investors struggle to assess AI related risk. With overall CLO loan supply expected to fall and confidence weakening in private credit, the market is showing clear signs of stress.

The 6M Euribor increased with 2 basis points to 2.31% compared to previous business day. The 10Y Swap decreased with 3 basis points to 2.93% compared to previous business day.

In the attachment, today’s market data on money and capital market rates as well as other rates are presented.