by bondevalue | Sep 3, 2020 | Global, Investment Grade Bonds, Perpetual Bonds, Sovereign Bonds
Despite a disappointing ADP employment report (428,000 vs 950,000 expected), Wall Street continued its rally setting new record highs overnight. Factory orders for August were up 6.4% vs an expected 6% and the Fed’s Beige Book survey revealed a modest increase...
by bondevalue | Jun 15, 2020 | Asian Dollar Bonds, Corporates, Financial Institutions, Global, Global, India, Perpetual Bonds, Sovereigns
Last week ended with a positive tone despite Thursday’s huge drop across the board. Markets are still cautious this morning and doubts over a quick recovery persist especially with news coming out over the weekend about rising coronavirus cases in some US...
by bondevalue | Jun 9, 2020 | Asian Dollar Bonds, Credit Ratings, Financial Institution Bonds, Financial News, Global, Global, Perpetual Bonds
Monday saw an extension of the rally sparked by Friday’s NFP jump with US stock indices returning to profit for 2020. European stocks saw some profit taking following last week’s huge gains. Long dated US treasuries recovered a little after the sharp sell...
by bondevalue | Jun 1, 2020 | Corporates, Perpetual Bonds
A late rally on Wall Street on Friday should give comfort to markets this morning after President Trump delivered a calmer-than-expected response to China’s new security legislation for Hong Kong and did not threaten the progress made on the trade talks between...
by bondevalue | Mar 19, 2020 | Financial Institutions, Perpetual Bonds
Stocks of many banks have taken a major hit in the last month as Central Banks cut interest rates to reduce the economic impact of the ongoing pandemic. The table below shows how bank stocks and one of their worst performing Contingent Convertible (CoCos) have fared...
by bondevalue | Jun 16, 2017 | Corporates, Financial News, Perpetual Bonds
This year’s bonds issuance of $8.76 billion has crossed the record set in 2013 with 6 months to spare. Amongst which, 7 deals with the ‘Fixed-for-life’ feature, which do not give issuers any incentive to redeem, have happened this year. All of which,...
