Greece Bond Issue Talk Resurfaces in Post-election Glow

Greece might issue new debt at lower borrowing cost to pay back IMF loans Source: Financial Post Greece’s debt agency could take advantage of a post-election boost to issue new debt at record low borrowing costs in the coming weeks to repay an expensive International Monetary Fund loan, sources told Reuters on Monday. Two bankers…

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Mistakes by Markets?

Bonds might have overreacted on inflation; “Pay Rises, Not Price Rises” Source: Reuters With yields across the developed world in free-fall, markets appear to have convinced central banks that only drastic monetary stimulus can prevent inflation expectations from evaporating for a lifetime. But might those markets be reading it wrong? If so, policymakers in Japan,…

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Buy Gold, Sell Bonds

Gold rallies in search of safe haven; “bull markets are the authors of bear markets.” Source: Forbes As the first-half of 2019 draws to a close, investors have much to cheer about. A lot of money has been made across many asset classes. If you’re considering tweaking your strategy for the second-half of the year, I have four words for…

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Overbond AI Expands Bond Pricing Algorithm For G-10 Global Currencies, Sources New Liquidity and Cross-Border Access

Based on proprietary Overbond AI Bond Buyer Matching algorithm launched earlier this year, Overbond sources new liquidity and cross-border access integrating buying preferences from traditional and non-traditional investors in all G-10 local markets. Source: Overbond TORONTO and NEW YORK – June 14, 2019 – Overbond Ltd., the first end-to-end fixed income markets fintech platform for…

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Investors raise bets on Fed making two rate cuts

Investors are betting for two rate cuts by the Fed on rising US economic growth concerns. Source: Financial Times Investors have increased bets that the Federal Reserve will cut US interest rates not once but twice this year, to counter concerns about slowing global economic growth that have been inflamed by the worsening US-China trade…

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A $3 Trillion Bond Beast Runs the Show in Europe

Quantitative easing is the gift that keeps on giving: ECBs bond stockpile helps keeping sovereign yields at record low levels even after it stopped additions. Source: Bloomberg It’s been a surprisingly good year for Europe’s government bond markets. Yields are down across the board even though the European Central Bank is no longer adding to…

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Bond Traders Need to Up Their Game as AI Systems Get Smarter

Fixed Income portfolio managers and traders are seeking a competitive advantage by investing in AI. Source: Bloomberg Money is pouring into artificial intelligence in bond markets, challenging bankers and investors to adapt their skills in everything from issuing to trading securities. Fintech startup Nivaura is investing in technology to automate debt sales. Dutch bank ING…

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‘Big Short’ investor Steve Eisman is worried about the bond market: ‘It’s where the pain will be’

Steve Eisman of “The Big Short”, thinks the bond market will be hit the hardest in the next recession, specifically BBB and high yield debt Source: CNBC Steve Eisman, the investor known for predicting the financial crisis as depicted in “The Big Short” book and movie, thinks the bond market will be hit the hardest…

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