“New highs” have different meanings for the stock and bond markets. New highs in equities are cheered universally, with big numbers such as Dow 30,000 celebrated by investors sitting on presumably big gains. For bonds, new highs in prices translate into new lows in yields, given that the two quantities move inversely. Source: Barron’s On…
Large U.S. corporates are diversifying by issuing in foreign markets and currencies Source: The Wall Street Journal Not to worry, there are a few more corners of yield left in the world of bonds. The latest target: emerging-market bonds in local currencies. After pulling out cash for the past three years and into the first quarter…
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…
LONDON, UNITED KINGDOM, ENGLAND, February 27, 2024 /EINPresswire.com/
