Apart from the market risk ramifications of COVID-19, the fact that we are also in the early stages of a large-scale operational-risk episode, including the negative impact on liquidity of traders working from home. Source: Bloomberg via GARP (Bloomberg) — The impact of the coronavirus outbreak on Wall Street may worsen trading conditions for one…
Economists and investment strategists are pretty much in line with respect to intensifying Coronavirus risks over the short term, with however less uniformity of view in terms of the medium term ramifications for the global economy. Source: Bloomberg via GARP (Bloomberg) — A raft of new coronavirus cases in numerous countries outside China over the…
Fidelity underweighting Canadian investments amid concerns economy facing greater risks relative to other parts of the globe. Source: Bloomberg News A money manager at one of the world’s biggest investment firms says Canada is currently riskier than other parts of the world, and as a result his company’s funds are underweighting Canadian investments. The Canadian…
Due to 60% increase in defaults in China, spreads go wider as bond investors demand larger premiums to hold riskier debt Source: The Telegram SHANGHAI – July 15 proved a rough day for Chinese bondholders, bringing defaults by five issuers including Jinggong Group, an industrial conglomerate whose interests span steel, finance and rice wine. But…
As the market could be riskier early next year with supply lining up, CLO managers are willing to take the plunge now rather than waiting for the new year’s issuance window. Source: Bloomberg It’s been an expensive month to price new collateralized loan obligations in Europe. But the fear of what lies ahead is spurring…
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…
LONDON, UNITED KINGDOM, ENGLAND, February 27, 2024 /EINPresswire.com/
