Sea of red in Treasury market may signal bond boom is over
The 10-year US Treasury note that debuted in August 2016 when the bond market was near its peak has had a rough ride, its price falling ever since and no…
Dollar recovery seen as an earnings risk on horizon
Late last month, the chief financial officer at Akamai Technologies Inc identified an emerging risk for the network technology company's profit outlook: the U.S. dollar. Specifically, the surprisingly strong American…
US pensions stuck in the red despite stock market boom
While US corporate pensions regained some swagger after Wall Street's record run this summer, they are still far from their heyday before the 2007-2009 credit crunch when they appeared to…
Ukraine’s growth-linked bonds: when recovery becomes painful
Two years after a landmark debt restructuring, Ukraine is seeking a bond swap to avoid a mass of near-term repayments. But its real problem may lie further out - when…
Pandemic stirs Wall Street’s social conscience
Worker welfare is having a moment on Wall Street. The need to restart production lines and reopen offices idled by the coronavirus pandemic mean issues such as sick pay and…
Relief rally or bear market bubble?
What started as a bear market bounce in US equities has transformed into one of the most dramatic rallies in memory, leaving investors looking to past rebounds, options markets and…
Tax hikes may help Russian oil majors stomach OPEC output curbs
Higher taxes imposed on Russia’s energy sector could make prolonged output curbs by OPEC and allied producers easier to stomach for Moscow’s energy majors. The new system of taxes, approved…
In China, stocks-for-loans under stress as markets slide
A sharp drop in mainly small-cap Chinese stock prices has exposed a new and potentially destabilising pocket of leverage in the world's second-largest economy. The value of shares that shareholders…
Western banks make push into Japanese deal-making as fee pool hits record
Western banks are bulking up in Japan, attracted by record investment banking fees and expectations of a rise in deal-making as cashed-up companies in the world's third-largest economy step up…
Firmer US dollar boosts corporate interest in currency hedging
US multinational companies are starting to reevaluate their currency hedging strategies after a surge in the dollar in recent months, as the impact of the stronger greenback starts to show…
