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The Bloomberg Global Aggregate Index, a benchmark for government and corporate debt total returns, has fallen 11% from a high in January 2021.
Rate-sensitive Asia sees quicker-than-expected hikes
Warning Signs Are Emerging in Credit Markets as Yields Rise Bloomberg 3/5/2021 Jack Pitcher, Ameya Karve and Priscila Azevedo Rocha (Bloomberg) -- Concern is mounting in corporate credit markets globally as longer-term Treasury yields continue to rise, leading borrowers from New York to Tokyo to delay bond sales and strategists to warn of trouble ahead. Popular Searches Gauges of credit fear jumped in Europe for investment-grade and high yield debt on Friday. Two borrowers that had expected to sell bonds in the U.S. opted to push their offerings into next week, after a stron...
Sri Lanka Debt Concerns Mount After Downgrade Deeper Into Junk Anusha Ondaatjie and Lilian Karunungan, Bloomberg News BC-Sri-Lanka-Debt-Concerns-Mount-After-Downgrade-Deeper-Into-Junk , Anusha Ondaatjie and Lilian Karunungan (Bloomberg) -- Markets are showing mounting concern about Sri Lankaâs ability to manage debt loads, amid financial deterioration that sparked a downgrade deeper into junk Friday. Read more about S&Pâs downgrade on Sri Lanka here Prices of the countryâs dollar bonds show that while traders expect securities...
Sri Lanka Debt Concerns Mount on Downgrade Deeper Into Junk Bloomberg 12/11/2020 Anusha Ondaatjie and Lilian Karunungan (Bloomberg) -- Markets are showing mounting concern about Sri Lanka’s ability to manage debt loads, amid financial deterioration that sparked a downgrade deeper into junk Friday. Prices of the country’s dollar bonds show that while traders expect securities next year to be repaid, they’re increasingly uneasy about dwindling cash reserves for debt bills down the line. Notes due in 2021 are indicated at about 88 cents on the dollar, according to prices ...