With the Chinese economy in a precarious situation, some fund managers are bracing for defaults on domestic Chinese debt to hit record highs this year. The situation is similar in the West, with US corporations already experiencing a slew of downgrades and defaults. Monitor and sidestep these delinquencies with Overbond’s Probability of Default feature that measures company…
As foreign investors seek opportunities in fixed income, Canada is an attractive prospect. Source: Wealth Professional One man’s loss is another’s gain, as they say. And as the current situation in the bond market shows, the maxim applies equally to entire countries and markets. According to an economic analysis by Warren Lovely, managing director and head of…
Silver lining in flat interest rate environment. Canada is part of an exclusive, shrinking club of top tier sovereigns. Source: Financial Post The number of countries with a pristine AAA credit rating is shrinking and fund managers say Canada stands to benefit from being in the ever-more exclusive club. Both Fitch and Standard & Poor’s downgraded…
As shares slide to record lows, Deutsche Bank poses a significant risk to the health of the global economy. Source: The Wall Street Journal FRANKFURT—Deutsche Bank AG is the riskiest financial institution in the world as a potential source of external shocks to the financial system, according to the International Monetary Fund. “Among the G-SIBs (globally systemically…
High-quality corporate bonds boast half the volatility of stocks, are relatively safe as defaults are rare, and offer attractive yields. Source: Barron’s Riskier investments had a good run for the past six weeks but seem to be running out of gas. By the end of last week, oil was lower, and stocks and high-yield bonds were…
LONDON, UNITED KINGDOM, ENGLAND, February 27, 2024 /EINPresswire.com/
