Provinces and government issuers continue to issue bonds even while companies have stayed away from the primary market. Source: Financial Post Canadian provinces and government-related issuers took a serene approach to the recent turmoil in global markets, carrying on with bond issuance even as companies have stayed away from the primary market. Canada Housing Trust opened…
Yields on U.S. Treasurys have touched multi-year highs after nearly three decades of a bond bull market, which up until late 2017 saw a consistent downtrend in yields. Source: CNBC Bond yields are rising because essentially no one wants to buy them, says one investment expert. Forget short-volatility instruments and other suggested culprits of the recent…
The great on-shoring could prompt multinationals — which have parked much of their overseas profits in Treasuries and U.S. investment-grade corporate debt — to lighten up on bonds and use the money to goose their stock prices. Source: Bloomberg For years, the likes of Apple Inc. and Microsoft Corp. have stashed billions of dollars offshore to slash their…
If FED follows through with the current hike plan, over 120 billion USD might be wiped out in 2018 Source: Seeking Alpha Summary US corporate debt market is highly overvalued – yields on corporate bonds are at lowest levels in 60 years. Corporations are not ready for the upcoming changes in monetary policy, debt servicing…
Canada’s federal government will issue $142 billion of bonds next fiscal year, $7 billion higher than the previous year’s record, to finance its growing budget deficit Source: Financial Post The amount eclipses the previous year’s record of $135 billion, which was revised up from a projected $133 billion. The bulk of the issuance will be in…
Issuance could remain muted for much of the rest of 2017 despite fund managers pouring record amounts of money into the bonds at the start of the year Source: Bloomberg Blue-chip U.S. companies are pulling back from borrowing just when investors most want to lend. Investment-grade corporate bond sales were $95.8 billion in February, the worst…
Despite prospects of a U.S. repatriation-tax holiday, the cash-rich Apple is planning to sell $10 billion of bonds in its first trip to the bond market in 2017 Source: Investor’s Business Daily Apple is selling $10 billion of notes in its first trip to the bond market in six months, becoming the second cash-rich technology company…
Along with a decline in liquidity, issuers of securities also noted the greater degree of difficulty they had in gauging the market and pricing new issues of benchmark bonds. They also noted the trend of investors demanding larger, more liquid benchmark bonds. Source: Wizard-At-Odds The BIS released their quarterly review at the beginning of December. In…
With a year of widespread volatility behind us, uncertainty will likely remain a key theme for 2017 Instability in the financial markets was a major theme for 2016. The second quarter saw record lows in bond yields after the shock of June’s referendum vote in the UK, however, markets have made a recovery in the…
Top 10 Fintech Facts According to the World Economic Forum, ‘fintech’ is the abbreviation for financial technology, a broad category that refers to the innovative use of technology in the design and delivery of financial services and products. The application of fintech cuts across multiple business segments, including lending, advice, investment management, execution and payments….
LONDON, UNITED KINGDOM, ENGLAND, February 27, 2024 /EINPresswire.com/
