Credit and Corporate Debt

Darkening ‘global economic skies’ pull stocks lower

Darkening ‘global economic skies’ pull stocks lower

Published 08/02/2019

LONDON (Reuters) - Global stocks fell for a third straight day on Friday, and were set for their first weekly loss in seven, as investors [more…]

Small-cap stocks shrug off debt concerns, for the moment

Small-cap stocks shrug off debt concerns, for the moment

Published 05/02/2019

NEW YORK (Reuters) - Small-cap stocks were among the biggest losers during the stock market’s rout late last year as investors worried about high leverage, [more…]

U.S. bond funds nab most cash in nearly a year: ICI

U.S. bond funds nab most cash in nearly a year: ICI

Published 23/01/2019

NEW YORK (Reuters) - U.S. fund investors returned in force to bonds during the latest week, putting the most cash in debt markets in almost [more…]

Global stocks cautiously follow Wall Street’s surge

Global stocks cautiously follow Wall Street’s surge

Published 28/12/2018

LONDON (Reuters) - Stocks in Europe and Asia rose cautiously on Friday after Wall Street ended a volatile session with big gains, but fears of [more…]

Exclusive: City Financial’s hedge fund Decca to shut down – letter

Exclusive: City Financial’s hedge fund Decca to shut down – letter

Published 21/12/2018

LONDON (Reuters) - London-based fund firm City Financial and the chief investment officer of its Decca Fund, Shahraab Ahmad, have decided to wind down the [more…]

Onset of recession may take longer than expected after yield curve…

Onset of recession may take longer than expected after yield curve…

Published 10/12/2018

(Reuters) - The onset of a U.S. recession could take longer than usually thought after key points of the Treasury yield curve invert, as a [more…]

DoubleLine’s Gundlach says Treasuries point to economy ready to weaken

DoubleLine’s Gundlach says Treasuries point to economy ready to weaken

Published 04/12/2018

NEW YORK (Reuters) - Jeffrey Gundlach, chief executive officer of DoubleLine Capital, said the U.S. Treasury yield curve inversion on short-end maturities was signaling the [more…]

Global markets surge on China-U.S. trade truce, dollar dips, yuan up

Global markets surge on China-U.S. trade truce, dollar dips, yuan up

Published 03/12/2018

NEW YORK (Reuters) - A temporary ceasefire in the U.S.-China trade war boosted global stocks to their highest in about three weeks on Monday, while [more…]

GSK slides after buying cancer firm Tesaro for hefty $5.1 billion

GSK slides after buying cancer firm Tesaro for hefty $5.1 billion

Published 03/12/2018

LONDON (Reuters) - GlaxoSmithKline has agreed to buy U.S. cancer specialist Tesaro for $5.1 billion, a costly investment to rebuild the pharmaceuticals business by new [more…]

U.S. credit demand declines, rejection rates rise: NY Fed survey

U.S. credit demand declines, rejection rates rise: NY Fed survey

Published 03/12/2018

NEW YORK (Reuters) - Americans’ demand for credit declined over the previous year as expected, as mortgage interest rates rose, while the percentage of approved [more…]