Long-term debt and political concerns might lead to more volatility but this is outweighed by the unique financial status of the US
Also in today’s newsletter, pension and insurance funds make headway on financed emissions
Ankara hires banks for ‘switch tender’ deal to exchange short-debt for longer-term note
CD players
The country’s ad regulator found the French oil company’s sustainability claims ‘misleading’ in a first of its kind ruling
Gap between two countries’ 10-year bond yields falls to lowest level since 2008
Skating on thin ice
A trend long associated with equity investing is now playing out in the bond markets
Spanish Treasury warns that shocks such as droughts or hurricanes could accelerate debt crises
Bank of England’s credibility under fire from Chicago in battle with New York
Legal battle over how UK-based bank pays its dividend
A balanced portfolio has the best chance of preserving the long-term value of pension savings against price rise shocks
Believers in predictive power of so-called inversion in bond markets still think it augurs downturn
Local currency bonds have lagged this year but Fed’s move is expected to ease pressure on developing nations
Analysts have long predicted some $6tn held in US money market funds might move into riskier assets like equities
Archipelago nation receives $50mn to meet October coupon payment
Also in today’s newsletter: ‘biblically responsible investing’ draws regulator’s scrutiny
The impact of leveraged payouts examined
Lenders are pushing back on ‘high-water ebitda’ provisions and most have been excised from terms
The troubled UK utility is going to the High Court to request a deal with its creditors
Primary dealership headaches
We must urgently address the tension between profitability and sustainability
Rare half-point reduction was baked into last week’s rally and led to a mild sell-off afterwards
The case against the company is that operational problems will persist despite its insistence better days are just around the corner
Hedge fund replication ahoy
