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…
Australia Nearing its First Quantitative Easing, Believes Australia’s Largest Pension Fund Source: Bloomberg Australia’s largest pension fund is positioning for another leg higher in sovereign bonds as the Reserve Bank of Australia gets closer to unleashing quantitative easing for the first time. The central bank may begin buying the country’s debt as soon as next…
Chinese bank drew record $1 Trillion worth of orders as it issued $7 Billion convertible bond Source: Financial Times A Chinese bank has placed a record convertible bond, raising more than $7bn in an offering that drew more than $1tn worth of orders, the latest bumper deal in a year that has seen issuance of…
In contrast to previous years, 2019 has resulted in a big rally in BBB corporates, resulting in falling yields and strong total returns Source: Barron’s It was a popular narrative in the capital markets in 2018. The swarm of corporate bonds with the lowest investment-grade rating supposedly were on the precipice of a descent into…
Foreign Investors Return to Italian Bond Market as the Country’s Risk Premium Reduces Further from Last Year’s Highs Source: Bloomberg Italy is attracting foreign investors to buy its bonds as the new government’s more conciliatory stance toward the European Union on budget issues should reduce the country’s risk premium further, the head of the country’s…
Accurate systematic bond pricing becomes the key in solving volatility in bond prices due to stock-like trading Source: Financial Times Bonds have become the new equities, say fund managers, stirring concerns that dangers are lurking in the supposedly safest corners of financial markets. Historically, investors have for the most part bought government bonds for their…
Fixed Income asset class increased the most while global index numbers fall in the third Index Industry Association (IIA) global index survey Source: ETF Express The Index Industry Association (IIA) has announced the results of its third annual global index survey, revealing that the number of indexes globally has decreased year on year by 20…
Higher Demand in ESG Bonds has Caused it Issuance to Jump 11x in 3 years Source: Korea Times The issuance of ESG bonds here has surged this year, as a growing number of entities, ranging from state-run firms to banks, have joined the trend to invest in environmental and social initiatives. ESG bonds refer to…
COBI Sandbox exposes structured data and Overbond COBI AI models for clients to freely test most valuable business use cases without committing capital to full deployment Source: Overbond Montreal, Toronto and New York – September 30 2019 – Overbond Ltd., fixed income capital markets fintech for AI predictive analytics, has announced the launch of COBITM…
A Trillion Dollar Fixed-Income ETFs Market Expected to Double in Next 5 Years as Volatility in Equity Markets Causes Higher Demand for ETFs Source: CNBC Fixed-income exchange-traded funds — which include popular names such as the iShares Core U.S. Aggregate Bond ETF, ticker AGG — could double in asset value in the next five years,…
