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This chart, provided by Citigroup Global Markets, tracks bid-ask prices for par credit facilities that trade in the secondary market. It also tracks facility amounts, ratings, pricing and maturities.
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The Treasury market last Thursday saw its first five consecutive days of 30-year bonds outperforming 10-years since 1993.
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--Steve Berkley, head of the index group at Lehman Brothers, on why it is going to launch a floating-rate asset-backed index.
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Law firm Sidley Austin Brown & Wood is looking to build up its distressed bank debt practice on the back of growth in the European market and the increasing complexity in the U.S. Anchoring the effort is a team that joined the firm recently from Orrick, Herrington & Sutcliffe.
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UBS has combined its fixed income and credit businesses and is revamping structured products and commodities offerings to bring in more deal flow.
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Gartmore Investment Management in London will launch a European investment-grade credit hedge fund in the second half of the year, according to Richard Hodges, head of European fixed income.
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Unsecured creditors of bankrupt airline ATA Holdings are set for a substantial recovery on their defaulted investments, an almost unheard of occurrence in the distressed airline arena.
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Wisconsin Capital Management may pick up pharmaceutical credits such as Merck & Co. and Pfizer Inc. if bond spreads widen due to negative headlines.
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Press Briefing by Thomas Dawson, Director, External Relations Department, IMF
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Leon Aron, Director of Russian studies at the American Enterprise Institute analyses Putin's situation
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Overview of the economic situtation in Afghanistan