Bis Industries debt tipped to trade
Lenders to KKR & Co-backed Bis Industries are considering their positions, sources said.
Lenders to KKR & Co-backed Bis Industries are considering their positions, sources said.
Credit rating agency Standard & Poor's has detected a shift in Telstra's commitment to its credit rating
Trumponomics has brought a keen market response. Equities and floating-rate bonds have rallied, while fixed-rate debt has been murdered.
Mizuho Financial Group has sold a $46 million slice of debt in KKR & Co's Bis Industries, sources told Street Talk on Thursday night.
A survey of global fund managers post-US election shows that investors are rushing out of bond proxies and emerging markets, while favouring cyclicals and banks.
Renowned bond investor Bill Gross says "populist" Trump won't deliver an equity bull market and the sell-off in bonds will "plateau".
Australia Post is lining up an Australian dollar bond issue after mandating ANZ and NAB to run a transaction.
Fund managers are uneasy about the future of yield stocks after a sell-off in bonds escalated a rush out of the former market darlings.
Bridgewater hedge fund founder Ray Dalio says Donald Trump's policies will have a 'broadly positive' effect on the US economy.
Investors fear the new wave of populist politicians will ignore conservative central banks and run large budget deficits.
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