Posts Tagged With: Markets
CREDIT MARKETS: Treasurys Tick Higher; Corporates Improve
A report from Wall Street Journal: By DOW JONES NEWSWIRES NEW YORK (Dow Jones)–Treasury bonds got a boost from data showing the U.S. economy hit a soft patch during the first quarter, while corporate bonds showed improvement and munis were unchanged. Driving the Treasury uptick was news that the gross domestic product grew at an &hellip Continue reading
CREDIT MARKETS: Corporates, CMBS Improve At Treasurys’ Expense
A report from Wall Street Journal: By DOW JONES NEWSWIRES NEW YORK (Dow Jones)–Weighed by a robust rally in U.S. stocks, commodities and riskier debt, Treasury bond prices lost ground for a second straight session Thursday. The rotation out of safe-harbor Treasury bonds was mainly driven by some optimism that an official report Friday from &hellip Continue reading
CREDIT MARKETS: Sentiment Improves As Economy Looks Better
A report from Wall Street Journal: DOW JONES NEWSWIRES Stocks rose and Treasurys faltered, as investors cheered encouraging retail sales figures as well as a slightly more upbeat assessment from the Federal Reserve of the U.S. economy. Stocks also benefited from the early release of stress test results for some U.S. banks. Meanwhile, companies continued &hellip Continue reading
CREDIT MARKETS: Treasurys Set Yield Record As Corporates Rally
A report from Wall Street Journal: By DOW JONES NEWSWIRES NEW YORK (Dow Jones)–Medium-term Treasurys set records for low yields and corporate bonds continued to rally Thursday after the Federal Reserve indicated Wednesday it planned to keep interest rates at ultralow levels through 2014. Five-year Treasurys tacked on to last session’s gains, dragging yields to &hellip Continue reading
CREDIT MARKETS: ‘Risk On’ Aids Corporates, Lifts Safe-Haven Yields
A report from Wall Street Journal: DOW JONES NEWSWIRES NEW YORK -(Dow Jones)- The global search for yield drove money into bank bonds and lifted safe-haven yields Friday. The benchmark 10-year Treasury yield jumped nearly five basis points Friday to finish the week at 2.026%, its highest yield in two weeks. Markit’s CDX North America &hellip Continue reading
Markets shrug off S&P’s European downgrades as focus turns to Greece’s debt …
A report from Washington Post: BANGKOK — Asian stocks sank Monday after a ratings downgrade rattled Europe and crucial talks aimed at nudging Greece toward solvency were mired in disagreement. Japan’s Nikkei 225 index slid 1.7 percent to 8,364.51 and Hong Kong’s Hang Seng lost 1 percent at 19,009.58. South Korea’s Kospi index dropped 1.6 &hellip Continue reading
Bond Exotica Gaining Favor as Bernanke Holds Rates at Zero: Credit Markets
A report from Bloomberg: Enlarge image Bond Exotica Gains Favor as Fed Holds Down Rates Shipping containers sit stacked at the Port of New Orleans in New Orleans, Louisiana, U.S. Debt backed by shipping containers is valued from 90 cents to 95 cents on the dollar. Shipping containers sit stacked at the Port of New &hellip Continue reading
Leveraged Loans in U.S. Reach Highest Since 2007: Credit Markets
A report from San Francisco Chronicle: Dec. 27 (Bloomberg) — The amount of leveraged loans made in the U.S. reached the highest this year since 2007 as companies rushed to refinance $ 197.7 billion of debt amid concern that Europe’s sovereign crisis would damp the availability of credit. More than $ 373.1 billion of high-yield, &hellip Continue reading
CREDIT MARKETS: Sparse Issuance, Trading Ahead Of Holiday
A report from Wall Street Journal: DOW JONES NEWSWIRES Stocks rose Thursday with encouraging news about the U.S. economy while Treasurys only gained modestly in price, as the Federal Reserve completed its last “Operation Twist” buyback of the year. Credit markets were fairly quiet and illiquid though, with no significant issuance and thin trading ahead &hellip Continue reading
Consumer Credit Markets Continue to Improve
A report from Forbes: The consumer credit markets improved again in the second quarter, according to The Household Debt and Credit Report released this week by The Federal Reserve Bank of New York. The study suggests there was a modest increase in the willingness of consumers to borrow and banks to lend. Limits on credit &hellip Continue reading