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…
European Commission to launch public consultation on ways to improve market functioning Source: The Wall Street Journal The European Commission wants answers to an intriguing question: Why is it becoming harder for people to trade corporate bonds, even though companies are issuing more of them? The commission—the executive arm of the European Union—plans to launch a…
Demand for green bonds and other ethical investment securities is raising the prospect of the market developing a premium over conventional debt. Source: Financial Times Growing demand for ethical investment securities such as green bonds is raising the prospect of the market developing a premium over conventional debt. As volumes of environmentally friendly and socially…
With trading volumes for US corporate bonds up
