• March 29 2023
  UnhedgedRobert Armstrong

  Who’s afraid of commercial real estate? Premium content

  Also, tight junk spreads

  
• March 28 2023
  US label maker breaks drought in junk bond issuance since SVB failure

  High-yield market had ground to a halt following collapse of Silicon Valley Bank

  
• March 28 2023
  Lex

  Junk bond market: securities market may replace bank lending, uneasily Premium content

  After a roaring start to the year, a downturn in March shows that risk appetites are clearly inhibited

  
• March 23 2023
  LexMonetary policy

  Federal Reserve/ECB: credit tightening has not yet done its worst Premium content

  Trend of using expensive high-yield bonds to refinance the disappearing supply of bank loans has begun

  
• March 9 2023
  Exchange traded funds

  Investors pull near record sums from corporate bond ETFs

  Investment grade and high-yield funds had combined outflows of $8.3bn in February

  
• February 1 2023
  Amazing grace (periods)

  On the sacred and the mundane

  
• January 10 2023
  LexEnel SpA

  Hybrid bonds: Enel of a handy instrument with ratings at stake Premium content

  Investors who bought the Italian utility’s bonds are getting a handsome return

  
• January 5 2023
  Sovereign bonds

  End of the sub-zero bond yield era

  For now . . . .

  
• January 3 2023
  Leveraged loans

  US junk loan investors brace for increase in downgrades and defaults

  Lower demand for risky corporate debt could threaten companies’ ability to refinance

  
• December 16 2022
  Skin in the GameStuart Kirk

  I’m an equities guy, but now I’m eyeing bonds

  Rates look like they are nearing a top and yields will ease next year

  
• November 22 2022
  Sovereign bonds

  Pimco says buy bonds (please)

  Yes yes yes we know…  but?

  
• November 22 2022
  News in-depthLeveraged loans

  US banks use thaw in markets to shift ‘hung loans’ off their books

  Investors nibble on debt of companies less exposed to economic slowdown but avoid riskier groups

  
• November 8 2022
  ETF HubLatest news on ETFs

  ETF investors turn bullish in October

  Net inflows of $111.5bn were triple that of September and the highest since March

  
• October 28 2022
  Sovereign bonds

  Seven spooktacular Halloween charts in a scary year for markets

  BOOO!

  
• September 24 2022
  Capital markets

  ‘Bloodbath’: Citrix buyout debt sale casts shadow over pending deals

  Deep discounts to offload bonds and loans in software maker’s LBO cost banks $600mn

  
• September 20 2022
  Citrix Systems Inc

  Banks struggle to offload Citrix debt glut in sign of weak credit market

  Deal reflects difficulties raising funds as the economy turns and interest rates climb

  
• September 16 2022
  European junk bond markets creak open with Lottomatica deal

  Promise of high returns lures nervous investors to €350mn deal from Italy’s biggest gambling company

  
• September 16 2022
  Corporate bond watch: It’s quiet. Too quiet.

  Is the market reflecting optimism about the economy? Or something else?

  
• September 15 2022
  News in-depthCitrix Systems Inc

  Investors on edge before $15bn debt sale to fund Citrix buyout

  Low demand for bonds and loans is Wall Street ‘canary’ as inflation risks rock capital markets

  
• September 8 2022
  Capital markets

  Banks try to offload $15bn of Citrix buyout debt to ‘gun-shy’ investors

  Wall Street lenders expected to generate significant losses after agreeing to fund deal before economic slowdown

  
• September 3 2022
  US junk bond sell-off resumes after Fed snaps summer rally

  Rate rises and recession fears lift costs for riskier borrowers

  
• August 16 2022
  US junk bond market in powerful rebound on easing inflation worries

  Amount of debt trading at distressed levels tumbles at unprecedented pace

  
• August 12 2022
  Corporate bonds

  Volvo dips in to Europe’s ‘seized up’ bond markets

  Truckmaker borrows €500mn, a rare case of raising funds at a time when deals have dried up far beyond the summer norm

  
• August 9 2022
  LexAvaya Inc

  Avaya: messy rescue financing shows an earlier reckoning was in order Premium content

  US telecom company’s market worth has fallen to under $100mn, squashed by $3bn of debt

  
• July 15 2022
  Corporate bonds

  End of cheap money era scuppers dozens of corporate bond deals

  Companies abandon plans to issue debt at the last minute as investors demand higher returns