The Bond-Market Panic That Wasn’t

In contrast to previous years, 2019 has resulted in a big rally in BBB corporates, resulting in falling yields and strong total returns Source: Barron’s It was a popular narrative in the capital markets in 2018. The swarm of corporate bonds with the lowest investment-grade rating supposedly were on the precipice of a descent into…

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Fitch, Moody’s cut Boeing’s debt outlook to ‘negative’ on 737 MAX problems

Fitch and Moody’s lowered their outlooks for Boeing as 737 Max saga continues Source: Thomson Reuters Fitch Ratings and Moody’s lowered their outlooks for Boeing Co (BA.N) to “negative” from “stable” on Monday, citing delays in its 737 MAX jets’ return to service. The revision, which comes on the heels of Boeing’s nearly $5 billion…

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