The lessons in Saudi giant's monster bond deal
As Saudi Arabia's energy behemoth Aramco completed a record bond sale, Woolworths finalised terms on its first green bond.
As Saudi Arabia's energy behemoth Aramco completed a record bond sale, Woolworths finalised terms on its first green bond.
The lockstep movement of German and US benchmark yields is evidence of how closely tied their economic fortunes are right now.
The renamed Janus Henderson Absolute Return Income Opportunities Fund plunged at the end of March, expectedly says Nick Maroutsos.
The demand for Saudi Aramco's debut offering is so intense it's allowing the energy giant to borrow at a lower yield than its sovereign parent.
If there is anything to know about the current situation, it’s that usual rules don’t always apply.
Eight months ago, the JPMorgan boss said that the likelihood of the 10-year US Treasury yield reaching 5 per cent was "a higher probability than most people think".
All of the world’s largest economies now face problems with slower growth. The lesson of post-crisis economic management is that only large-scale fiscal stimulus will provide an effective remedy.
US bond markets have hit extremes in the past few weeks in response to deeply conflicting signals on the economy.
The yield on the US 10-year Treasury note surged through 2.5 per cent in late New York trading.
Record low long-term rates could be squandered by Australian businesses, which are more likely to be hunted in a wave of private equity and mega-cap mergers and acquisitions.
The futures market has fully priced in a second interest rate cut by the Reserve Bank of Australia in 2020.
Ten-year bond yields dropped below that of Japan's for the first time since 2016.
The recent plunge in bond yields suggests Donald Trump may have been justified in his criticism of how fast and far rates rose last year.
The US Federal Reserve's about-face on rate increases was designed to boost investor confidence but have left markets "more pessimistic than ever".
The financial world's most reliable predictor of an imminent recession just flashed red, but analysts are split on whether it's different this time.
Australia's 10-year bond rate has tumbled to a historic low 1.76 per cent, fuelling expectations the Reserve Bank will be unable to resist cutting interest rates.
The inversion is the first reliable market signal of an impending recession and rate-cutting cycle.
Bond traders are now pricing in an increased probability that the Reserve Bank will lower the cash rate at least once before the end of the year.
Policy makers had every opportunity to keep the option open for another rate hike this year, but they chose not to.
Canada's federal government plans to sell $126 billion of bonds in fiscal 2019-2020, according to budget documents released overnight.
The prudent decision is for the Reserve Bank to cut interest rates twice and hope that macroprudential overreach can be corrected.
The robust rally is a sign investors have moved on from the worst performance in a decade last year for Asia's corporate notes.
China's domestic bonds are set to be included in a benchmark global index, but one large United States fund manager is taking a cautious approach.
Greece will sell bonds for the first time since the end of its international bailout, testing investor interest in the country's newfound economic independence.
The biggest risk is the corporate bond market, warns DoubleLine bond manager Jeffrey Gundlach.
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