Bond Rout Intensifies As Jobs Report Looms
On Wednesday, a rout in Treasuries extended, as yields for five year maturities and beyond rose to levels not seen in 16 years as traders worried a strong jobs report…
Bill Ackman And Larry Fink See Treasury Yields Hitting 5%
Wilson Center (Creative Commons Attribution-Share Alike 3.0 Unported license). Speaking at different forums, Wall Street titans Bill Ackman and Larry Fink both said they do not see inflation coming down…
Junk Bond Deals Carrying Higher Guardrails For Investors
In recent weeks, junk bond offerings in the US have spiked, as demand from investors looking to boost their returns by buying the risky, yet high-yield debt has grown. However…
BOJ Conducts Emergency Bond Buying Operation
On Thursday the Bank of Japan (BOJ) undertook an emergency bond-buying operation for shorter-term notes, as the 20-year government bond yield reached a nearly eight-year high. The 20-year note’s yield…
BlackRock Shelves Chinese Bond ETF As Bilateral Tensions Rise
As tensions grow between Washington and Beijing, BlackRock has delayed the launch of an exchange traded fund which would have invested in Chinese bonds, according to a report in the…
Bloomberg Predicts The Worst Bond Market Crash In Over 70 Years Is Coming
According to a new report by Bloomberg, citing Bank of America projections, government bonds are heading for their worst performance since 1949, as losses mount in the face of aggressive…
As Traders Bet On Recession And A Weaker Fed Response, Treasuries Surge
Treasuries rose sharply amid recessionary fears, due to data showing a contraction in business activity for the first time since 2020. The decline in bond yields accelerated on Friday, as…
Chinese Developer Simao Defaults On $1 Billion Bond
As China’s real estate sector watches leviathan Evergrande face a wind-up petition, now another domino has begun to fall. On Sunday, property developer Shimao Group missed the interest and principle…
