Omar Slim News Today

(Bloomberg) -- A global rally in corporate bonds that has dragged credit spreads down to their tightest in 22 months marched ahead in Asia on Thursday given the dovish signals from the Federal Reserve.Most Read from BloombergCitigroup Offers Partial Early Bonuses to Encourage Staff DeparturesElon Musk Is Planning a New University in AustinJPMorgan Is in a Fight Over Its Client’s Lost $50 Million FortuneTesla Recalls 2 Million Cars to Fix Autopilot Safety FlawsFed Pivots to Rate Cuts as In...

Interest rate hikes from central banks around the globe slowed to a trickle in April thanks to a combination of easing inflation and slowing growth prospects amid a dearth of meetings on monetary policy decisions.

LONDON (Reuters) - Interest rate hikes from central banks around the globe slowed to a trickle in April thanks to a combination of easing inflation and slowing growth prospects amid a dearth of meetings on monetary policy decisions. | 02:53am

Some of the world’s top investors are betting the worst of the dollar’s rampage is over after the surge upended the global economy in ways that had few parallels in modern history.Having skyrocketed to generational highs last year — deepening...

A weaker dollar will cool some of the price pressures that have been evident around the world.

Last week saw appointments at MUFG Investor Services, insurer MSIG Asia and asset management firm PineBridge.

IShares iBoxx $ High Yield Corporate Bond ETF (HYG) represents the U.S. dollar-denominated high-yield liquid corporate bond market. With the rebounding bond market, it could be a solid investment for investors looking to secure their portfolios against potential stock market volatility. Global bonds rebounded in November 2022, adding a record $2.80 trillion in market value. […]

PineBridge Investments has promoted Omar Slim and Andy Suen to co-heads of the firm's Asia ex-Japan fixed income team.

The yen has climbed more than 11% from its October nadir amid government intervention, hopes for a slowing of U.S. rate hikes and speculation over a BOJ shift.

Government and investment-grade corporate debt securities have risen to a market value of $59.2 trillion from $56.4 trillion at the end of October.