Bloomberg Falling News Today

Germany Tops 1,000 Swine Fever Cases as Virus Fight Drags On Bloomberg 2 hrs ago Megan Durisin (Bloomberg) -- Germany’s deadly pig-disease outbreak has topped 1,000 cases, delaying its return as a major meat exporter as the battle to stamp out the virus persists. The rising count risks keeping exports subdued from the European Union’s top pork producer, benefiting other sellers in the bloc and the Americas. Meat buyers like Vietnam and Singapore have eased initial prohibit...

In financial markets awash with so much cash that junk bonds can yield less than 2%, the state-owned oil giant Petroleos Mexicanos is a jarring outlier.

Pimco, Emso Detect Default Risk Mispricing in Pemex’s Bonds Bloomberg 2/19/2021 Justin Villamil and Amy Stillman (Bloomberg) -- In financial markets awash with so much cash that junk bonds can yield less than 2%, the state-owned oil giant Petroleos Mexicanos is a jarring outlier. Popular Searches At 5.4%, the yield on the company’s benchmark bonds is not only well above that of similarly rated debt, it’s also almost four percentage points higher than the rate investors d...