by Megha Malhotra | Feb 14, 2022 | High Yield Bonds, Interest Rate Trends, Investment Grade Bonds
The US 10Y Treasury yield crossed 2% on Thursday, the first time since July 2019 after US inflation hit a 40Y high. US IG CDS spreads widened 5bp and HY CDS spreads widened 17bp during the week. Goldman notes that investors have now pulled out $15.8bn from US junk...
by Megha Malhotra | Feb 7, 2022 | Financial News
January was the fifth consecutive month where dollar bonds in our universe ended the month lower with 92% of bonds in the red. The US 2Y Treasury yield soared 44bp in January after market participants increased expectations of the US Federal Reserve’s first rate hike...
by bondevalue | Feb 21, 2019 | Interest Rate Trends
In the minutes to their January 29-30th meeting, Federal Reserve officials showed uncertainty towards the direction of interest rates in 2019 while widely favouring the end of the reduction in the central bank’s balance sheet. Launched as an emergency measure...
by bondevalue | Feb 18, 2019 | Financial News
Lombard Odier Investment Managers expects Asia’s dollar-denominated bond market to return 5-10% this year, after the massive sell-off in late 2018. The fund manager cites policy easing in the U.S. with interest rates expected to stay the same all year, and the...
by bondevalue | Feb 12, 2019 | High Yield Bonds
The new year began on a cheerful note with 87.7% of bonds in the BEV universe ending the month of January with a positive price return. This led to an uncrystallized mark-to-market gain of US$ 35.5 billion for US dollar denominated bonds in the BEV universe. Asian...
