Pension schemes' rush for cash shakes UK corporate debt
Ripples from government debt shock push investors away from company bonds
Stay updated with breaking news from Ice Data Services. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Ripples from government debt shock push investors away from company bonds
Shares dropped as much as 12% in Zurich on Monday and have lost about 60% just this year alone, on track for the biggest annual drop in Credit Suisse’s history
High yield is really living up to its name. An Ice Data Services index shows that yields on so-called domestic junk bonds have risen to nearly 8.6% from a mid-August low of 7.4%.
Interest rate hikes are hitting financial operations which depended on the continuation of the Fed’s ultra-easy monetary policies which sent interest rates to historic lows as central banks pumped trillions of dollars into the financial system.
At a recent webinar held by ICE and Asia Risk, experts discussed how they are dealing with unprecedented global events and the subsequent impacts on volatility