Joe Zidle, a portfolio strategist at Richard Bernstein Advisors, believes that investors are going into 2018 assuming that rising bond yields — which move inversely of prices and affect consumer borrowing costs — will stay low. Source: CNBC Forget bitcoin — the biggest risk to stocks next year will actually be the bond market. That’s…
Fixed income has been one of the more evolving market structures over the past 10 years, with electronic bond trading growing from 51% in 2007 to 84% today. Source: Markets Media Fixed income has been one of the more evolving market structures over the past 10 years, as institutional agita over liquidity gaps has prompted widespread efforts…
If FED follows through with the current hike plan, over 120 billion USD might be wiped out in 2018 Source: Seeking Alpha Summary US corporate debt market is highly overvalued – yields on corporate bonds are at lowest levels in 60 years. Corporations are not ready for the upcoming changes in monetary policy, debt servicing…
Dhawal Dalal, Edelweiss AMC, says investors in low duration fund investing in high quality assets can expect to make between 6.75% and 7.75% return with a fair amount of conviction. Source: The Economic Times Yields have already crossed the 7% mark and currently are at a 17-month high. What according to you are the key…
This year may be remembered for low volatility and strong performance of nearly all asset classes across almost all geographic markets, but 2018 may follow a different playbook. Source: Seeking Alpha This year may be remembered for its low volatility and the strong performance of nearly all asset classes across almost all geographic markets. But…
Chicago to start selling as much as $575 million of investment-grade-rated debt, insulating bondholders from the city’s financial strains. Source: Bloomberg Markets Chicago will start selling as much as $575 million of investment-grade-rated debt that’s backed by a dedicated share of sales-tax revenue it receives from Illinois, insulating bondholders from the city’s financial strains. The offering is…
The winners of this year’s AFTAs were announced at a dinner in midtown Manhattan on December 4. Source: WatersTechnology Continuing last year’s theme of change, this year’s winners were marked by impending regulatory reform due in the New Year, and a shift in the business practices of the buy and sell sides. With reporting mandates…
Tax bill passed by Republicans in the U.S. Senate over the weekend may boost profits for industries from banking to retail to fossil fuels. Source: Bloomberg The tax bill passed by Republicans in the U.S. Senate over the weekend may boost profits for industries from banking to retail to fossil fuels. It also could put the squeeze…
At the end of October, the six banks plus the Fédération des caisses Desjardins du Québec have more than $140 billion of covered bonds outstanding Source: Financial Post Covered bonds, which have been part the financial landscape in Europe for about 250 years, continue to be an attractive source of funding for a group of…
S&P downgraded South Africa’s long-term foreign currency debt by one notch to ‘BB’ and its local debt by a notch to ‘BB+’, citing a deterioration of the country’s public finances on account of weak GDP growth. Source: Moneycontrol On Friday, Africa’s most industrialised country got a harsh reality check from the financial world. Rating agency…
Regulators and investors are suggesting increased transparency in
