Corporate Asia has taken advantage of ultra-low interest rates, loading up on debt, but with rates set to rise, there may be risks ahead.» Read More
So far this year, bond yields have thwarted forecasts they would rise, but many analysts are sticking with their calls for a march higher.
LONDON, July 10- Concern about the health of a parent company of Portugal's largest bank hurt bonds from the euro zone's periphery on Thursday, curbing demand at Greece's second debt sale following its 2012 default.
*Portugal's worries about BES group have regional reverberations. LONDON, July 10- Concern about the health of a parent company of Portugal's largest bank hurt bonds from the euro zone's periphery on Thursday, curbing demand at Greece's second debt sale following its 2012 default.
Markets have frustrated expectations for rising bond yields, but some bond managers are still antsy and are looking to protect their portfolios.
Emerging market bonds have been hot this year, erasing price falls following last year's "taper tantrum," but some say the rally may be getting old.
Yields on high-yield bonds already don't live up to their name, but some believe they could fall further despite expectations interest rates will rise.
YELLEN SAYS INCREASED RISK-TAKING IN CORPORATE BONDS, LEVERAGED LENDING COULD CAUSE FUTURE PROBLEMS, NEEDS MONITORING.
Traditional advice suggests rising interest rate expectations would spur shifts to short-duration bonds, but some think the long end is a better bet.
NEW YORK, June 30- Oracle Corp on Monday launched a US $10 billion seven-part bond offering to finance its pending acquisition of Micros Systems and potential share buybacks as it looks to boost growth. Oracle, the world's number two business software maker, announced it was buying Micros Systems last week.
ORACLE CORP LAUNCHES US $10 BILLION BOND OFFERING IN 3 TO 30 YEAR TENORS.
PARIS, June 27- BNP Paribas plans to slash its dividend and raise funds by selling billions of euros of bonds next week, as it nears a costly settlement with U.S. authorities over sanctions violations, the Wall Street Journal reported.
Despite a plethora of headwinds, Australia shares may be poised for a rally, as analysts expect more companies to pursue acquisitions.
LONDON, June 26- Norway's $890 billion oil fund, the biggest of its kind, needs an overhaul to boost its long-term performance and preserve wealth for future generations long after North Sea energy income has dried up, its chief told Reuters.
The rapid growth of electronic cigarette sales poses a rising risk to holders of as much as $96 billion of bonds tied to payments tobacco companies.
*Crisis hits Bulgaria ahead of bond road show. SOFIA, June 22- Bulgaria is ready to rescue Corporate Commercial Bank by injecting capital and enforcing losses on shareholders, the central bank said on Sunday, after a run on the country's No. 4 lender prompted the central bank to take it over on Friday.
Interest rates and whether bonds are expensive may be up for debate, but some are tipping bond picks, with emerging Europe among the favorites.
Without comment, the high court left intact lower court rulings that ordered Argentina to pay. Argentina is seeking to avoid making full payment to holdout creditors led by hedge funds Aurelius Capital Management and NML Capital Ltd, a unit of billionaire Paul Singer's Elliott Management Corp..
SEOUL, June 16- Samsung Electronics Co Ltd is buying more local bonds with its $60 billion cash pile as domestic banks grow reluctant to overload on deposits from the South Korean giant.
SEOUL, June 16- Samsung Electronics Co Ltd is emerging as a major player in its local debt market, buying more South Korean-issued bonds as it juggles a $60 billion cash pile.
While bonds' thin spreads over Treasurys have spurred concerns investors may be overpaying for yield, some analysts say low payouts may be justified.