Bond Market Wary of AT&T, Time Warner Deal

With the announcement of their merger sending both company’s bond prices into decline, concerns about increased debt burden have increased Source: The Wall Street Journal Count bond investors among the skeptics of AT&T Inc.’s proposed acquisition of Time Warner Inc. The prices of both firms’ bonds have declined since reports of the deal began emerging late…

Read More

The Biggest Thing Between The Fed and A Rate Hike: The Election

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…

Read More

These Ex-Traders are Trying to Drag Bond Markets into the Digital Age

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…

Read More

U.S. Corporate Issuance May Get Boost in Europe

McDonald’s sold $2.3 billion of euro-denominated bonds last week as U.S companies take advantage of the eurozone’s cheap debt. Source: The Wall Street Journal A giant new buyer in the corporate-bond market–the European Central Bank–is set to cement a trend of American companies issuing debt on the continent. So great may be the flood, some analysts…

Read More