Page 2 - Nick Eisinger News Today

U.S. investment giants Pimco and Vanguard have bought local Turkish assets in recent months, senior executives said, betting that the country will maintain high interest rates after years of erratic policymaking under President Tayyip Erdogan. Interviews with the executives show that two of the world's biggest investors, which together manage nearly $10 trillion in assets, have grown constructive on Turkey since its newfound economic orthodoxy, including rate hikes in June, following Erdog...

Investment firms have been accumulating local asset

U.S. investment giants Pimco and Vanguard have bought local Turkish assets in recent months, senior executives said, betting that the country will maintain high interest rates after years of... -January 05, 2024 at 04:24 am EST - MarketScreener

Traditionally, fixed income as an asset class has presented market participants with several challenges due to the over-the-counter (OTC) model by which the

JOHANNESBURG -The rand strengthened slightly on Wednesday after South Africas mid-term budget statement, despite the proposal for tax measures next year to raise additional revenue as budget...

(Bloomberg) -- Investment grade bonds from select emerging market sovereigns are solid defensive bets if the US slips into recession and China’s economy worsens, according to Vanguard Asset Services.Most Read from BloombergHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadDiamond Prices Are in Free Fall in One Key Corner of the MarketWhy China Is Avoiding Using ‘Bazooka’ to Spur Economy“In a s...

Vanguard’s Nick Eisinger said investment grade emerging markets debt could be good “rainy day exposure” if the U.S. falls into a recession.

Gabon's military coup sparked the steepest daily drop in its dollar bonds on Wednesday since the height of the COVID-19 pandemic and came just weeks after the country carried out continental Africa's first debt-for-nature swap.

Gabon's military coup sparked the steepest daily drop in its dollar bonds on Wednesday since the height of the Covid-19 pandemic and came just weeks after the country carried out continental Africa's first debt-for-nature swap.

Turkey has under-delivered on rate hikes for a second month, but foreign investors are as yet unfazed and expect fresh money flows, cooling domestic credit and rising currency reserves to provide some...