Tag:
Bond Markets
Latest Headlines
Latest Headlines
Black swan funds soar as European crisis marches on
The financial crisis of 2008 ushered in the era of the Black Swan hedge fund, which basically allows institutions to bet that highly improbable events will occur that will tank the stock and/or bond markets. The notion that Black Swans are more likely to recur these days has allowed some funds to
Which market is rigged against retail investors?
Michael Lewis ranks as one of the most trenchant observers of Wall Street today, as his books Liar's Poker and The Big Short amply evidence. So, it is with great interest we learned was been duped into buying some toxic assets that had been recommended by a large brokerage firm.
"The s
Uncertainty lingers over earnings at Goldman Sachs, Morgan Stanley
Goldman Sachs ( NYSE: GS ) and Morgan Stanley ( NYSE: MS ) will not report second quarter results until late July. But there's been an unusual amount of analyst activity regarding the bulge bracket banks, still the biggest brands in investment banking.
Research analysts have been pretty aw
Subprime worries still haunt banks
The big worry in the debt market right now of course is the Greek tragedy that started with that country's bond ( bond market news) debacle and may soon spread to other sovereign debt. That is certainly influencing perceptions of banks right now. I doubt we'll see another bond market meltdown o
JPMorgan's fixed income performance bodes well for Goldman Sachs
JPMorgan Chase's ( NYSE: JPM ) strong first quarter performance reflected in large part a surge in fixed income business. Revenue from the business rose to $5.5 billion from $4.9 billion in the prior-year quarter. That confirmed the conventional wisdom that trading in fixed-income and related pr
Will Morgan Stanley soon lag, due to fixed-income?
It's no secret that Goldman Sachs ( NYSE: GS ) has been enjoying a killer quarter in trading fixed income ( fixed income news). Many are expecting blow out earnings for the first quarter precisely because of a huge spurt that flows from the epic bond market ( bond market news). Other firms
Leveraged loans on fire
Leveraged loans have outperformed high-yield corporate bonds so far this year, after lagging the last four years, Bloomberg reports. Leveraged loans have attracted $1.4 billion this year, while the high-yield bond market has seen outflows of more than $400 million. Article
(Bond Marke
Bond market vigilantes punish countries too
A decade or so ago, people took the view that currency-speculating hedge funds were ruining countries by betting against on-the-ropes countries. Some leaders of targeted countries lashed out with very bitter words, calling them "immoral." These days, as Business Week notes, the vigilantes are
CDS market makes a comeback
The bond market has been in rally mode, and that has driven down yields. Which has helped pave the way for the return of credit default swaps and collateralized debt obligations that invest in them. Bloomberg reports the markets are rising. In some quarters, these assets are reviled, synonymou
A great financing environment?
The Bank of America Merrill Lynch Global Broad Market Corporate Index has gained 1.02 percent this year, which Bloomberg says is the best start since 1998. At the same time, the environment for secondary offerings is also quite strong, as equities show no sign of cooling off.
The bottom li
