An executive at America’s largest bank is confident corporate bonds will weather the recent banking industry turmoil. In an interview with Bloomberg News Tuesday (March 28), Jed Laskowitz, a chief investment officer at J.P. Morgan Asset Management said that investment-grade credit can provide returns “in...
El Salvador will buy back $1.6 billion worth of its sovereign bond, hoping to pull its highly discounted debt out of deep junk territory and reassure the market that it won’t default. The country’s 2025 bonds, which were selling near 35 cents on the dollar...
For months now, everybody’s been screaming that El Salvador’s bitcoin-as-currency experiment will bring the country’s economy down in ruins. Now Morgan Stanley has called time out, arguing that even if the Central American nation does default, at 28 cents on the dollar, 2027 Salvadoran bonds...
It’s time for the Federal Reserve to ease up on bond-buying by the central bank, in part because keeping it up could cause problems in the housing market, which shows no signs of slowing down its brisk pace, Federal Reserve Bank of St. Louis President...
September 17, 2023
Are corporate borrowers resigned to higher interest rates? Wells Fargo thinks so. In an interview with Bloomberg Television on Friday (Sept. 15), Maureen O’Connor, global head of high-grade debt syndicate at the bank, said companies are seeing a desire for new bond sales in investment-grade and high-yield debt markets — and many executives are using this as a […]
March 28, 2023
An executive at America’s largest bank is confident corporate bonds will weather the recent banking industry turmoil. In an interview with Bloomberg News Tuesday (March 28), Jed Laskowitz, a chief...
July 13, 2021
It’s time for the Federal Reserve to ease up on bond-buying by the central bank, in part because keeping it up could cause problems in the housing market, which shows...
May 29, 2019
New York-based startup WeWork, which rents office space and desks to workers, is looking for a $2.75 billion credit line in anticipation of an upcoming initial public offering, according to...
