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Abstract This paper investigates price violations in credit markets using a data sample spanning from 2002 to 2016. We find that price violations are highly persistent during the crisis period, [...]

Portfolio managers are leveraging equity enhanced fixed income. It's a new way to look at convertible bonds. A panel of experts examined the potential risk-adjusted return benefits of pairing fixed [...]

U.S. corporate bond update: it's another healthy day of issuance with support from the improving tone on Wall Street. Amazingly, or perhaps not in this environment, year-to-date issuance has now [...]

Event At its emergency meeting on May 22nd the Bank of Japan (BOJ, the central bank) introduced a 'new fund-provisioning measure', primarily to support small and medium-sized enterprises (SMEs). Analysis [...]

Like central banks worldwide, the Riksbank was quick to react to the outbreak of the virus, rolling out several measures in March that effectively preserved financial stability and liquidity in [...]

U.S. corporate bond update: Apple kicks off a hefty slate of offerings today. It announced a benchmark 4-part offering to start the week. There is also a 4-parter from Amgen [...]

At its meeting on April 15th the Bank of Canada (BoC, the central bank) left the overnight rate unchanged at the effective lower bound of 0.25%, having cut it by [...]

China Policy response: Since late January, the Chinese Government has adopted several financial support measures aimed at reducing the burden on companies. While some measures provide generalized economic support (liquidity [...]

FX Action: USD-JPY was lifted to 107.35 highs, after falling to near two-week lows of 106.99 earlier in the session. The pairing slipped from 107.55 to 107.30 in the immediate [...]

JGB commits to unlimited JGB purchases and extended its corporate bond purchases to 20 trln yen as it cuts its growth forecast to -5% to -3% from 0.9% expected back [...]

Event On April 22nd the European Central Bank (ECB) temporarily eased rules under its general collateral framework, which will remain in place until September 2021. Analysis The terms under which [...]

Event On April 22nd the European Central Bank (ECB) temporarily eased rules under its general collateral framework, which will remain in place until September 2021. Analysis The terms under which [...]

Event On April 22nd the European Central Bank (ECB) temporarily eased rules under its general collateral framework, which will remain in place until September 2021. Analysis The terms under which [...]

Event On April 22nd the European Central Bank (ECB) temporarily eased rules under its general collateral framework, which will remain in place until September 2021. Analysis The terms under which [...]

Event On April 22nd the European Central Bank (ECB) temporarily eased rules under its general collateral framework, which will remain in place until September 2021. Analysis The terms under which [...]

Event On April 22nd the European Central Bank (ECB) temporarily eased rules under its general collateral framework, which will remain in place until September 2021. Analysis The terms under which [...]

Event Despite recent downgrades to the country's credit ratings, the Ministry of Finance on April 2nd placed US$6bn in dollar-denominated bonds of varying maturity on April 22nd. Analysis The US$6bn [...]

Event On April 22nd the European Central Bank (ECB) temporarily eased rules under its general collateral framework, which will remain in place until September 2021. Analysis The terms under which [...]

Event On April 22nd the European Central Bank (ECB) temporarily eased rules under its general collateral framework, which will remain in place until September 2021. Analysis The terms under which [...]

Event On April 22nd the European Central Bank (ECB) temporarily eased rules under its general collateral framework, which will remain in place until September 2021. Analysis The terms under which [...]

Event On April 27th the Bank of Japan (BOJ, the central bank) decided at its Monetary Policy Meeting to ease some of its policy settings by pledging unlimited purchases of [...]

Event On April 27th the Bank of Japan (BOJ, the central bank) decided at its Monetary Policy Meeting to ease some of its policy settings by pledging unlimited purchases of [...]

Event On April 22nd the European Central Bank (ECB) temporarily eased rules under its general collateral framework, which will remain in place until September 2021. Analysis The terms under which [...]

Event On April 22nd the European Central Bank (ECB) temporarily eased rules under its general collateral framework, which will remain in place until September 2021. Analysis The terms under which [...]

Event On April 22nd the European Central Bank (ECB) temporarily eased rules under its general collateral framework, which will remain in place until September 2021. Analysis The terms under which [...]

Event On April 22nd the European Central Bank (ECB) temporarily eased rules under its general collateral framework, which will remain in place until September 2021. Analysis The terms under which [...]

Event On April 22nd the European Central Bank (ECB) temporarily eased rules under its general collateral framework, which will remain in place until September 2021. Analysis The terms under which [...]

Event On April 22nd the European Central Bank (ECB) temporarily eased rules under its general collateral framework, which will remain in place until September 2021. Analysis The terms under which [...]

Event On April 22nd the European Central Bank (ECB) temporarily eased rules under its general collateral framework, which will remain in place until September 2021. Analysis The terms under which [...]

Event On April 22nd the European Central Bank (ECB) temporarily eased rules under its general collateral framework, which will remain in place until September 2021. Analysis The terms under which [...]

Event On April 22nd the European Central Bank (ECB) temporarily eased rules under its general collateral framework, which will remain in place until September 2021. Analysis The terms under which [...]

Event On April 22nd the European Central Bank (ECB) temporarily eased rules under its general collateral framework, which will remain in place until September 2021. Analysis The terms under which [...]

FX Update: USD-JPY is holding a narrow range for a fifth consecutive day in the mid 107.00s, lacking direction presently. Japan's finance minister Aso said earlier that the BoJ hasn't [...]

Heavy put trading in High Yield Corporate Bond ETF. Over 800k HYG puts have traded today, vs 50k calls, including a print on the ISE at 11:20am ET when HYG [...]

The Bank of England said that it intends to purchase at least GBP10B of eligible sterling non-financial corporate bonds in coming months, taking the stock of purchased corporate bonds to [...]

Byline: Douglas Appell Mainland Chinese stocks and bonds are emerging ahead of the pack from the global maelstrom unleashed by the coronavirus outbreak in the Chinese city of Wuhan. Market [...]

Treasury corporate bond update: issuers are lining up to take advantage of record and near record lows on Treasuries. Corporates will be competing with the Treasury this week where there [...]

The Bank of England announced: 'In light of actions to tackle the spread of the virus, and evidence relating to the global and domestic economy and financial markets, the Monetary [...]

t its special meeting ending on March 10, the Bank of England's Monetary Policy Committee voted unanimously to reduce its bank rate by 50 basis points to 0.25%. The MPC [...]

Byline: AARON ELSTEIN In a bit more than a week, the S&P 500 went from all-time high to 'correction' mode, then to flirting with a bear market, which is a [...]

Why active bond investors can beat the index when active equity investors can't IMAGINE A WORLD in which the stockmarket has only two constituents: Gurgle, a firm that has risen [...]

Sensorion reported Invus Public Equities converted into ordinary shares all the convertible bonds it had subscribed for in June 2019. 'We are very pleased with the solid progress achieved in [...]

CP ETFs reported the launch of the CP High Yield Trend ETF (HYTR). HYTR is a defensive fixed income trend following exchange traded fund (ETF) that alternates exposure between the [...]

Byline: Douglas Appell Corporate pension funds in the world's largest retirement markets posted stellar gains in 2019 on the back of aggressive monetary policy stimulus, but many ended the year [...]

Byline: Bloomberg (Bloomberg Opinion) -- Negative-yielding government bonds have been a significant force for a superb year of investment returns for both stocks and bonds, and many are welcoming their [...]

Byline: Paulina Pielichata European fixed-income investors are pushing for fee cuts from active managers whose performance is suffering. For this state of affairs, money managers can thank central banks that [...]

Byline: Karry Lai Asset managers are looking for more clarity on how funds will be directed towards financing coronavirus requirements To encourage funds to finance expenditure resulting from the Covid-19 [...]

FILE - Mohamed Omran CAIRO - 17 December 2019: The Financial Regulatory Authority approved the first program to offer short-term bonds in the amount of LE 2 billion to a [...]

Norwegian (DY, Oslo Gardermoen) managed to raise NOK2.5 billion kroner (USD273 million) from its third share issue in less than two years on November 5, a combined sale of shares [...]

Call buyer in Investment Grade Corporate Bond ETF. Trader on the CBOE paid 60c for 2338 March 130 calls this morning as the ETF traded $127.34. Size exceeds the average [...]