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 | Dec 23, 2019 | China, Distressed / Defaulted Bonds, High Yield Bonds
Shandong Ruyi Techonology Group unexpectedly repaid bondholders on the maturity of its $345 million dollar bonds that came due on December 19. This comes against a backdrop of investor concerns over rising corporate bond defaults in China. The Chinese fashion and...