Fed rate hike bets too high, says Morgan
![Fed chair Janet Yellen speaks August 26 at an annual symposium hosted by the Kansas City Fed in Jackson Hole, Wyoming.](/content/dam/images/g/m/q/z/r/s/image.related.afrIndexLead.320x210.gqw5sx.png/1471559538714.jpg)
Morgan Stanley says investors are overestimating the chances of higher US interest rates this year.
Morgan Stanley says investors are overestimating the chances of higher US interest rates this year.
Lenders to KKR & Co-owned Bis Industries have appointed PPB Advisory to advise them on restructuring talks with the mine site trucking company, as revealed by Street Talk on Thursday.
Debt in the world's top 30 steel companies totals a record $US150 billion, says accountancy firm EY.
ANZ Banking Group will seek to raise $1 billion for its new ANZ Capital Notes 4 hybrid at 4.7 per cent to 4.9 per cent margin above the bank bill rate.
Australia's biggest banks haven't been this active selling bonds in at least four years.
ANZ Banking Group is expected to launch a $1 billion hybrid raising as early as Tuesday morning.
US rail giant Genesee & Wyoming is down to two potential bid partners for Glencore's GRail, according to lenders.
Brazilian miner Samarco is seeking a standstill agreement on about $US1.6 billion in bank loans.
KKR & Co's mine site trucking company BIS Industries is back in talks with its senior lenders, only nine months after signing a long-term $1...
With government debt worldwide returning yields of zero or less, large sums of money are now heading into dividend-paying stocks.
Unlimited access to business news and market insights across any device
Already a subscriber? Log in