Bonds
US: Credit Market
As economic growth slows in emerging markets, there are fears that capital outflows could be the first signs of a credit crunch.
A new round of freshmen will need to make new financial arrangements, which often include credit cards. But should students’ new lifestyle include them?
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The concerns about municipal finances are overdone, Alexandra Lebenthal, CEO of Lebenthal & Company, told CNBC’s “Closing Bell” on Friday.
Despite concerns about ballooning public pension expenses, municipal defaults are still relatively low, Alexandra Lebenthal, Lebenthal & Company president and CEO, told CNBC’s “Squawk Box” on Thursday.
Heavily indebted nations on Europe's periphery may already have had the doors to European credit markets slammed shut on them, according to a major piece in the Wall Street Journal Friday.
Austrian bank Erste announced on Friday that it had drastically reduced its credit default swaps (CDS) portfolio and that it would close it by the end of the year, after valuing it based on what it would be worth in the market - known as marking to market - earlier in the month.
Moody's may upgrade its credit rating for Peru to "Baa2" within the next year, analysts at the ratings agency said. That would put it on par with countries like Brazil and Bulgaria.
Market turmoil in Europe and the U.S. may have made financial institutions in Asia—particularly China—even more attractive sources of credit for Latin American banks.
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Jeff Gundlach just did an amazing job explaining the violent volatility in credit markets in recent weeks.
The worse-than-expected U.S. jobs report for May has increased speculation that that the Federal Reserve may be forced to embark on a third round of quantitative easing once the second round winds down at the end of this month. However, most experts think it is too soon to be talking about QE3.
Greece has remained the world’s riskiest sovereign debt for the second quarter running in the first quarter of this year, according to a report by independent credit market data provider CMA.
Critics who argue banks are not lending might want to check with middle-market companies. Demand for new loans may be recovering slowly, if at all, but banks are trying to win these companies' business with more attractive terms.
Financial markets are on the rise, defying geopolitical threats as investors take their cue from a healthy long-term economic outlook , and earnings for the first quarter are likely to show positive surprises, Michael Browne, Fund Manager at Martin Currie said Monday.
The moment of truth for Europe's sovereign debt crisis may be far closer than investors think.
California only has a short amount of time to fix its troubled economy, with a $24 billion dollar budget deficit, or else it will deteriorate to the point of no return and enter 'the black hole', Sean Egan, founding partner and president of Egan-Jones Rating company, told CNBC on Monday.
European Central Bank President Jean-Claude Trichet talks about rate rises to fight inflation, while Federal Reserve Chairman Ben Bernanke is still more worried about unemployment.
Both the euro area's public debt and public deficit are lower than those in the US, so the euro and European stocks could post a strong rise this year, Peter Westaway, chief Europe economist at Nomura, said.
A mountain of debt is growing but because it is off governments' balance sheets it has been so far ignored, Albert Edwards, global strategist at Societe Generale, said.
There could be about $100 billion of defaults in municipal bonds over the next five years, a report by Roubini Global Economics, the company founded by famous economist Nouriel Roubini, showed, according to the Wall Street Journal.
Regulators are to blame for a lack of credit being extended to middle market companies, David Nelsen, CEO of Nelsen Steel Company, told CNBC Friday.
