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Delphi's bonds slid last week on speculation that the auto parts maker was headed for bankruptcy because of a breakdown in talks with its union and General Motors about the restructuring of its U.S. operations.

Charles Urban manages all of Caterpillar's fixed-income accounts with assets under management of almost $1 billion.

This chart, provided by Citigroup Global Markets, tracks bid-ask prices for par credit facilities that trade in the secondary market.

Hedge fund managers continue to lead the way in terms of total compensation, weighing in at $1.2 million a year, according to Greenwich Associates' annual study of the U.S. fixed-income markets.

New U.S. laws and a market hot for repricings has led to the highest levels of transAtlantic deals since 1998, according to data by Dealogic.

An already woozy airline sector could be dealt a knockout punch by Hurricane Katrina, portfolio managers and analysts said.

The following charts show the top five advancers and decliners in terms of % moves in the loan, bond and credit default swap markets for the previous week. Data provided by Markit Group.

A spate of rights issues — with Eu7bn anticipated in the next few months — will mark the next phase in the cycle of the equity markets as European companies go on the acquisition trail.

The Federal Reserve Bank of New York and dealers will meet next week to discuss operational problems for processing of credit derivatives.

Commonwealth Bank of Australia is gearing up to begin marketing credit derivative products in Asia from its Singapore office.

Calyon has consolidated its Hong Kong-based fixed income business with a pair of senior hires.