— Eddie Wang, head of fx structuring, Asia fixed income markets at Crédit Agricole in Hong Kong, explaining the rush by corporates in Asia to hedge U.S. dollar/Chinese renminbi exposure via bonus non-deliverable forwards.
Secondary market selling of private bonds may be wreaking havoc with the primary market for public debt but the trades were still the right thing to do
Rising energy costs, inflation and interest rates may all sound a bit 2023 in the face of the latest fears about AI Armagaddon but this is what will drive the bond market for now
French covered bond trading levels have become increasingly divorced from OATs since the start of 2024, offering a golden opportunity to issuers ahead of a likely volatile period
