NEW YORK, July 28- Janus Capital Group Inc on Thursday said it plans to launch its first bond exchange-traded fund this year, shifting legendary bond investor Bill Gross' co-manager into a new role. The Janus Short Duration Income ETF, which will be actively managed in part by Kumar Palghat, will aim to deliver returns of 2 to 3 percent above the benchmark... » Read More
The pool of bonds that the European Central Bank can buy is getting smaller, as yields push further in negative territory. CNBC’s Julia Chatterley outlines what to expect at Thursday’s meeting.
Barnaby Martin, head of European credit strategy at BofA Merrill Lynch Global Research, says it’s inevitable that the ECB will have to do something.
It is getting harder to find yield in bond markets, so investors are turning to either equity or currency markets, notes Kapstream Capital's Kumar Palghat.
An S&P Global Ratings report Wednesday warns of potential downside from all that new borrowed cash floating around.
LONDON, July 19- Gulf Keystone's stock spiked and fell by a third on Tuesday as retail investors flooded chatrooms trying to figure out how junk bond funds led by former JP Morgan and Lehman Brothers traders will help restructure the oil firm. Little-known distressed debt funds such as Sothic Capital, co-run by former JPM trader Gertjan Koomen, and CapeView...
John Taylor, fixed income portfolio manager at AB, discusses the low yields of Europe's corporate bonds as a result of ECB policy.
The ECB is set to release its first list of corporate bonds which have been bought. Nathaniel Rosenbaum, vice president of credit strategy at Wells Fargo Securities, discusses.
Hilltop Securities' Mark Grant says the amount of inflows going into bond markets will push U.S. 10-year Treasurys down to 1.25 percent by year-end.
Fully 100 companies have defaulted on debt so far this year, 50 percent more than for the same period in 2015.
NEW YORK, July 14- JP Morgan on Thursday announced a new 10- year benchmark US dollar bond, shortly after releasing strong second-quarter earnings that boosted US equity indexes. Sources told IFR that initial price thoughts on the self-led deal were heard in the range of US Treasuries plus 145 bp-150bp, with proceeds to be used for general corporate purposes.
With global fixed income yields low, Asia and emerging market bonds and credit offer attractive returns, a portfolio manager at Fidelity told CNBC.
SHANGHAI, July 12- The New Development Bank, established by the BRICS group of emerging nations, plans to sell 3 billion yuan of yuan-denominated, green bonds in China's interbank market. Bank of China Limited is the lead underwriter and book runner for the issue, while joint underwriters include the Industrial and Commercial Bank of China Limited, China...
Onshore Chinese bonds are attractive & under-invested, according to Bryan Collins of Fidelity International.
Both stocks and bonds looked expensive after rallying together and were now vulnerable to a quick sell-off, Goldman Sachs said.
The Fed won't hike rates this year, and that will continue driving market gains, said Alain Bokobza, head of global asset allocation at Societe Generale.
LONDON, July 5- The Bank of England took steps to ensure British banks keep lending and insurers do not dump corporate bonds as it said the economic risks it warned of before the vote to leave the European Union had started to materialise. Governor Mark Carney said the Bank had warned in March that risks around the referendum posed the most significant near-term...
*Signs of UK economic weakness after Brexit vote. LONDON, July 5- The Bank of England took steps to ensure British banks can keep lending and insurers do not dump corporate bonds in the "challenging" period that is likely to follow the country's shock vote to leave the European Union. "It means that three quarters of UK banks, accounting for 90 percent of the stock of UK...
LONDON, July 5- The Bank of England took steps on Tuesday to ensure British banks keep lending and insurers do not dump corporate bonds in the "challenging" period that is likely to follow the country's vote to leave the European Union. The central bank also said it was closely monitoring investors' willingness to fund Britain's large current account deficit...
SAO PAULO, July 4- Brazilian airline Gol Linhas Aereas SA is still looking for ways to resolve its costly debt load, a senior executive said on Monday, renegotiating bank loans this month after about 20 percent of bondholders accepted a restructuring. Investors tendered $174.7 million of about $780 million worth of bonds covered in Gol's debt swap, according to a...
Some investors are flocking to Asian fixed income, lured by juicy returns even as much of the global bond market sees negative yields.