by bondevalue | Jul 6, 2020 | Credit Ratings, Distressed / Defaulted Bonds, Sovereigns
Markets are opening higher this morning despite a lack of any major news. The US was on holiday on Friday for Independence Day and US index futures are recovering Friday’s losses this morning and then some. July 3rd saw the record for daily cases globally but...
by bondevalue | Jul 2, 2020 | Corporates, Credit Ratings, Distressed / Defaulted Bonds, Financial News, Global, Global, High Yield Bonds, Interest Rate Trends, Investment Grade Bonds, Sovereigns, U.S. Federal Reserve Bank, U.S. Treasury Yield
Sentiment picks up as positive news about an early vaccine trial along with good economic data sent Wall Street higher. Nasdaq hit a new record. US ISM manufacturing data came in better than expected and rose to 52.6 in June from 43.1 in May. China’s Caixin PMI...
by bondevalue | Jun 29, 2020 | Asian Dollar Bonds, Banks, Corporates, Credit Ratings, Distressed / Defaulted Bonds, Global, High Yield Bonds, India, India, Investment Grade Bonds, Macroeconomic news, Sovereigns, U.S. Federal Reserve Bank
As coronavirus cases globally cross the 10 million mark, with more than half a million deaths, markets are now worried about the potential impact of economies not reopening as soon as expected. With more than a quarter of cases globally in the US, and states like...
by bondevalue | Jun 26, 2020 | Banks, Corporates, Credit Ratings, Distressed / Defaulted Bonds, Global, High Yield Bonds, Investment Grade Bonds
Markets get choppy as central banks continue to lock horns with the coronavirus. More stimulus measures gave some relief and western markets reversed almost half the losses from Wednesday’s session. The late rally also reversed earlier losses in the day of...
by bondevalue | Jun 24, 2020 | Asian Dollar Bonds, Corporates, Credit Ratings, Distressed / Defaulted Bonds, Global, Global, High Yield Bonds, Investment Grade Bonds, Sovereign Bonds, Sovereigns
Investors are grappling between upbeat economic data and the surging number of coronavirus cases. Economic data from the US and Europe recovered with IHS Markit’s Eurozone flash PMI at 47.5 from May’s 31.9, US Markit PMI at 49.6 from 39.8 and US home sales...
by bondevalue | Mar 23, 2020 | Distressed / Defaulted Bonds
As more countries lockdown to fight the spread of the virus, policy makers scramble to try and ward off what may be a deep global recession. E-mini S&P futures fell by 5% this morning to be limit down giving a taste of the pain to come. Investors who have used...
