Bond yields keep going up in response to higher inflation, lower global risk, and changing central-bank policies. Source: The Wall Street Journal There is a little bit of fear creeping into government bond markets. It is about time, even if investors are still underestimating how much long-term Treasury rates could rise from here. Government bonds are…
Market reaction to election could be volatile, Fed waiting for results. Source: The Wall Street Journal Minutes from the Federal Reserve’s September meeting released Wednesday made it clear the central bank aims to raise overnight rates soon. Three committee members wanted to raise them right away, while others said the decision was “a close call.” Their…
Trudeau government bets big on infrastructure investment amid rout in commodity prices Source: The Wall Street Journal In the global struggle to boost growth, a Canadian experiment in fiscal spending is providing a test case for some of the world’s biggest economies. Prime Minister Justin Trudeau’s Liberal government unveiled a plan last spring to spend heavily…
Post-Brexit stimulus effort by BOE begins Source: The Wall Street Journal The Bank of England made its first foray into the corporate bond market in three years on Tuesday, with an offer to buy the debt of companies in sectors including energy, transport and finance. How successful it was in picking up assets won’t be known…
Modernizing bond origination through fintech innovation Source: eFinancialCareers Plenty of people have left the trading floors of sell-side and buy-side firms to join or launch a financial technology startup, but in many cases fintech firms are focused on asset allocation, personal financial management or retail banking. Others focus on the trading floor, with a particular focus…
The world of finance is getting more complicated. More specifically, the fixed income market as the largest capital market in the world is expanding in its complexity and importance. There are over 40 different professional designations available to capital market professionals, from chartered financial analyst (CFA), certified public accountant (CPA) to certified fraud examiner (CFE)…
Drop in junk bond market could signal change Source: Barron’s “Frothy” is a good word to describe last week’s high-yield market. The seven-month return for the sector reached 20%—remarkably high for bonds. Average yields, which move in the opposite direction of prices, fell to just 6%, down from 10% in February. Companies rated below investment grade…
Regulators clarify rules regarding trading for international dealers in Canada Source: Financial Post The Canadian Securities Administrators says it’s willing to grant regulatory relief to ensure that international dealers can participate in the Canadian bond market. The CSA’s statement is a response to a letter the Canadian Bond Investors’ Association sent to the Ontario Securities Commission…
LONDON, UNITED KINGDOM, ENGLAND, February 27, 2024 /EINPresswire.com/
