The Federal Reserve has indicated there is a strong chance they will announce a decision to start shrinking the central bank’s portfolio of bonds and other assets. Source: Fox Business Federal Reserve officials have indicated there is a strong chance they will announce in September a decision to start shrinking the central bank’s portfolio of bonds…
A flattening bond yield curve suggests the rate hikes are likely to hurt growth and cool the economy, says ETF Adviser Larry Berman. Source: The Globe and Mail The shape of the yield curve tells us a lot about investor expectations about the future. As of Sunday night, the odds the U.S. Federal Reserve raises the…
The green-bond market has boomed over the past few years, and now the industry is finally starting to track the environmental effects of projects funded by them. Source: Wealth Professional The green-bond market has boomed on the allure of investments that help the environment. Now, the industry is trying to show that the reality matches…
Economist Ted Carmichael analyzes the accuracy of the Bank of Canada’s inflation projections over the past few years, providing insight on the implications and conclusions. Source: Ted Carmichael Global Macro The Bank of Canada is an inflation-targeting central bank. It sets monetary policy with an objective of returning the inflation rate to the 2% target within…
A year after Argentina’s latest default, Finance Minister Luis Caputo announced a new issue of 100-year bonds in U.S. dollars for the the South American country. $2.75 billion was sold after $9.75 billion worth of orders was received. Source: CNBC Argentina sold $2.75 billion of a hotly demanded 100-year bond in U.S. dollars on Monday, just…
This article was originally published in the 5.06 issue of Wealth Professional, available online here on pages 76-77. Founded in 2015, Overbond is driving innovation in the fixed income markets with its bond origination platform and new issue deal execution capabilities. Starting a new business is always a risk. But calculated risks are what drives…
The Overbond platform’s COBI (Corporate Bond Intelligence) tool uses big data technology and machine learning to study data and construct algorithms that enable it to predict indicative debt capital market pricing levels, propensity to issue and match making for investors and issuers. COBI’s coverage includes 90% of active issuers in the Canadian fixed income marketplace (approximately…
The Overbond team performed a bond market simulation that analyzed differences in bond market connectivity utilizing traditional communication channels and fintech enhancements. The simulation demonstrated that a high adoption of digital connectivity decreases costs by 70%. Get the Bond Market Simulation report here.
Bloomberg reports that Goldman’s interest in streamlining new corporate-debt sales is telling: it shows there’s an economic interest for big investment banks to standardize lucrative processes, leading to greater efficiency and lower fees. Bloomberg continues to profile Overbond as a leading market solution to primary bond issue digitization. Source: Bloomberg Goldman Sachs wants to be a technology…
LONDON, UNITED KINGDOM, ENGLAND, February 27, 2024 /EINPresswire.com/
