Yield on benchmark 10-year Treasury note hits the highest intraday level since September 2014 Source: The Wall Street Journal The global bond market rout is deepening Thursday after the Federal Reserve’s latest signal about a quicker pace of interest-rate increases next year provided a fresh catalyst for investors to sell government bonds. The selling sent the…
Primary Bond market investors, issuers, and dealers will be able to access and analyze DBRS ratings data and links to issuer-level research reports directly from Overbond platform TORONTO and NEW YORK — December 14, 2016 — DBRS, a global provider of credit ratings, and Overbond, the first fully-digital platform for primary bond issuance, announced today…
Investors’ reluctance to share bond pricing feedback with syndicate bankers intensified by new regulations Source: Thomson Reuters LONDON, Dec 2 (IFR) – Bond investors and syndicate bankers are growing increasingly frustrated with each other as the already thorny topic of allocations and how to reward investors for their feedback is being further poisoned by new regulations….
Fed rate hike may have greatest impact in the high-yield bond market and FICC sales and trading businesses Source: eFinancialCareers You should expect an interest hike in the U.S. before Christmas. Growth is accelerating in the U.S. and it’s unlikely that the Fed will resist calls to increase interest rates before too much longer. What will…
Rising rates reflect optimism in economic prospects, but can slow growth by making borrowing more expensive Source: The Wall Street Journal The worst bond rout in three years deepened Thursday, hammering debt issued in emerging markets and many U.S. states and cities, while sparing large companies the brunt of the impact. The yield on the 10-year…
Cheap credit and feeble growth opportunity have created an atmosphere of cautious corporates Source: The Wall Street Journal The European Central Bank began buying billions of euros worth of corporate bonds earlier this year in a high-profile experiment aimed at spurring private investment. So far, the spending hasn’t materialized. Since June, the ECB has bought €44.3…
Nearly $1 trillion has been wiped out in global fixed income markets since Trump’s win. Source: Financial Times A global bond market rout intensified on Monday while the dollar strengthened as investors bet that US president-elect Donald Trump’s commitment to economic stimulus will herald faster growth and the return of inflation. Since Mr Trump’s surprise win…
ECB likely to extend 80 billion-a-month bond purchase program Source: The Wall Street Journal FRANKFURT—The European Central Bank is likely to extend or even boost its €80 billion-a-month bond-purchase program next month following Donald Trump’s unexpected victory in U.S. elections, analysts said. ECB policy makers are expected to decide on the future of their so-called quantitative-easing…
With trading volumes for US corporate bonds up
