‘Starting to wobble’: Fidelity manager sees risk in Canadian economy, stocks – BNN Bloomberg

Fidelity underweighting Canadian investments amid concerns economy facing greater risks relative to other parts of the globe. Source: Bloomberg News A money manager at one of the world’s biggest investment firms says Canada is currently riskier than other parts of the world, and as a result his company’s funds are underweighting Canadian investments. The Canadian…

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Corporate Debt Issuers to Kick Off Sales With Up to $35 Billion

Historically, the majority of January debt sales comes from the financial sectors as banks try to fulfill their funding needs following earnings releases. Source: Bloomberg News (Bloomberg) — Sales of U.S. high-grade bonds will total between $30 billion and $35 billion next week, according to an informal survey of dealers at some of Wall Street’s…

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Germany arrives late to green bonds party

Germany being Europe’s benchmark debt issuer plans for its debut in green bond issuance later this year. Source: Financial Times Germany will join a wave of governments across Europe in issuing green bonds in the second half of next year, responding to increased investor interest in this form of debt as it tries to underline…

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Emerging market corporate bonds can provide higher returns for an equivalent risk

Emerging markets are turning into a mainstream asset class providing a wider bond market corporate issuers with diversification as a key element. Source: The National Corporate bonds have a long tradition in developed markets, with a large investor base across the credit rating spectrum. Over the past decade, corporate bonds of issuers based in emerging…

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Euro credit rush to only cool modestly in 2020

Europe’s Credit Market Expected to go from Red Hot to merely Boiling in 2020 Source: Gulf Times Europe’s credit market may go from red hot to merely boiling in 2020. After a banner year for sales of new bonds, the pace of issuance may prove hard to sustain next year because companies have already rushed…

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Sweden’s $8.3bn green bond issuance outstrips Nordic rivals

Public sector green issuance has been overshadowed by Sweden’s local government funding agencies to surpass the total Nordic issuances in 2019. Source: Expert Investor Local government funding agencies have dominated regional public sector issuance. Sweden has issued a whopping $8.26bn in green bonds so far in 2019, equivalent to about half of the total issuance…

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Corporate Bonds Are All the Rage in Emerging Markets

Corporate Bonds Surge for the 12th Successive Month in Emerging Markets Source: Yahoo Finance Demand for corporate bonds is deepening in emerging markets as political strife from Hong Kong to Lebanon and Latin America drives investors away from government debt. The Bloomberg Barclays index for corporate securities in the developing world is rising for a…

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Credit Traders Play War Games as Brexit Lobs Political Bombs

Different Scenarios that Credit Traders are Considering as Brexit Uncertainty Lingers On Source: Bloomberg Gilts losing their protective buffer, the hard Brexit menace and even socialism with echoes of the 1970s. Debt investors are bracing for all of these scenarios — and more — as the U.K.’s second election in less than three years draws…

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