To get a sense of how blasé investors are about inflation look no further than Canada, which sports both the fastest growth among its developed peers and the flattest yield curve. Source: Bloomberg Markets The premium investors demand to hold 30-year bonds over two-year securities shrank to as little as 82 basis points this month,…
Oxford Economics calculations suggests steady balance sheet from ECB will keep bond yields down Source: Bloomberg Markets As the European Central Bank brainstorms scenarios for winding down its 2.3 trillion-euro ($2.8 trillion) asset-purchase program, there is what may sound like a chicken-and-egg problem to solve. It goes as follows: when the central bank buys bonds and its balance sheet grows,…
China’s government is planning a return to the market for the first time since 2004, with a pending $2 billion issue expected to target a 60-to-70 basis point premium over U.S. Treasuries. Source: Bloomberg Markets It’s been a record year so far for Asian dollar bonds, with unprecedented demand from within the region spurring a…
The hunt for yield has scoured the Steppes and passed through the Pampas. Now it has scaled the Alps, with over 11 billion euros of orders placed for Austria’s first century bond. Source: Bloomberg Markets The hunt for yield has scoured the Steppes and passed through the Pampas. Now it has scaled the Alps. Investors placed almost 11 billion euros…
Austria is set to raise at least €1bn in 100-year debt; bids from potential investors have already topped €11bn. Source: Financial Times Austria is set to raise 100-year debt in the latest indication of hot investor demand for long-dated sovereign bonds. It aims to raise at least €1bn; bids from potential investors have topped €11bn,…
New product breakthrough applies machine learning and predictive analytics to match investors with real-time credit investment opportunities TORONTO and NEW YORK — September 12, 2017 — Overbond Ltd., the first end-to-end capital markets fintech platform for primary bond origination, has launched COBI Opportunities, a new proprietary issuer-investor matching solution for primary bond markets. COBI (Corporate…
EDC’s latest new issue of $500 million green bonds sold out in less than a week, turning away over $1 billion of unfilled investor demand. Source: National Observer Canada’s federal credit agency has turned down nearly $1 billion in eco-friendly investments after selling out the latest batch of its specialized ‘Green Bonds‘ in less than…
Apple Inc.’s surprise foray into Canadian-dollar debt has pushed corporate issuance to a near-record, making this year the busiest year for Maple bonds since 2007. Source: BNN Apple Inc.’s surprise foray into Canadian-dollar debt has pushed corporate issuance to a near-record with more companies expected to beat a path north in search of attractive borrowing rates. Foreign…
Like stocks, corporate debt valuations are worrying, with early signs of investors starting to take a more defensive posture. Source: The Epoch Times The exuberance in U.S. corporate bonds follows that in stocks but is likely to end soon, according to Gluskin Sheff chief economist and strategist David Rosenberg. Investing in the asset class isn’t…
Investor angst in financial markets is suggesting Congressional efforts to raise the nation’s debt ceiling will play out more like the lesser of two recent showdowns. Source: Bloomberg Financial markets are suggesting the political drama surrounding Congressional efforts to raise the nation’s debt ceiling will play out more like the lesser of two recent showdowns….
LONDON, UNITED KINGDOM, ENGLAND, February 27, 2024 /EINPresswire.com/
