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Distinction in Europe’s corporate bond market is not a bad thing
A slow destruction of misallocated investment is more likely than a sudden stop
Defaulting to dollars in volatile times denies the euro market the resilience it needs
Asset class could be protected by rising demand
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Enslaved by interest rate volatility, we are all rates traders now -
A corner of the UK market has provided one of the few pain trades so far since war broke out in the Middle East
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Toto, I have a feeling we're not in EM anymore
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Two lenders entering administration should signal to others: simplify the industry
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Investors are rewarding Romania for trying to fix its fiscal problems
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Liberated issuers will still have to follow European regulations if they want to sell in EU
