Utilities took back the September loss while the 10-year closed 24 basis points higher.
XLU closed 41.41 on 9 October, above 41.10 on 18 September, and the 10-year closed 5.24 percent.
The Long Read
19 October · London & New York
Reported pieces. Dated clocks.
- Silver is 61.10 on the tape, not the 67.15 close from 18 September.From the 18 September seals, silver is 9.0 percent lower and gold is 4.6 percent lower.
- The VIX closed 14.84 as the S&P 500 rose 0.59 percent to 7,811.5.Thursday left the VIX at 15.41, and the 18 September page had 14.81 with the S&P 500 at 7,650.5.
- Euro Stoxx and the FTSE rose with New York on Friday, so the three boards shared a direction.The 18 September page had Europe red and New York green, and this Friday the tape did not.
- The 2026 copper treatment charge settled at zero dollars a tonneAntofagasta and a Chinese smelter agreed 0 dollars a tonne and 0 cents a pound for 2026, against 21.25 dollars and 2.125 cents for 2025.
- Lilly sold 4,928 million of Zepbound in June against 98 million of FoundayoWorldwide revenue was 22,974 million dollars, up 48 percent, on the 5 August table. Fill-finish and the device stay scarce against 4,928 million of Zepbound and 98 million of Foundayo.
- The utilities sleeve is not the PJM auction that pays Constellation to standOn 14 September Utilities fell 2.73 percent while the 10-year eased 1 basis point to 4.96 percent, so the sleeve is not the PJM auction that pays Constellation to stand.
- A paste metal is not the cadmium-telluride hall First Solar sellsOn 14 September silver closed 63.58, down 2.05 percent from the Friday 11 September close of 64.91, so a paste metal is still not the cadmium-telluride hall the June 10-Q named on 45.1 gigawatts.