Top Section/Ad
Top Section/Ad
Most recent
Defaulting to dollars in volatile times denies the euro market the resilience it needs
Asset class could be protected by rising demand
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
More articles/Ad
More articles/Ad
More articles
-
Public sector borrowers have enjoyed enviable funding conditions this year, but thanks to the machinations of central banks, 2018 is shaping up to be even better. -
In mid-2013, when the Federal Reserve started to reduce the rate at which it was buying bonds through its quantitative easing programme, bond investors panicked and a sharp sell off ensued. While the US bond market eventually realised the stimulus was no longer needed, that the US economy was expanding without it, and that tapering was the right decision by the then Fed chairman Ben Bernanke, it was a volatile six months.
-
When market participants can’t see a possible end to a bond rally, the ending is likely to be brutal.
-
This week, Esselunga, a 60 year old Italian supermarket chain issued its debut corporate bonds. It is rated Baa2/BBB-, the same as its own government.
-
At first glance the flurry of Italian banks entering the capital markets — including such unfamiliar names as Banca Popolare Dell’alto Adige (BPAA) and Banca Sistema — is an indication that international investors will lap up the debt of Italian minnows just as readily as they do for larger lenders in other peripheral Eurozone countries.
-
There was a time, not so very long ago, when a ‘yes’ vote in a secession referendum in the most prosperous region of the eurozone’s fastest growing economy might have sparked some concerns. Those days appear to be behind us.
