Refine Search
Article Categories
Strategy Tags
- Emerging markets (1)
- High yield bonds (46)
- Investment grade credit (remove)
- Structured credit (2)
- Distressed debt (remove)
- Credit derivatives (46)
Geography Tags
-
Renewed energy boosts credit as relief rally resumes
1 day ago
Energy companies are performing well and credit indices have resumed their push tighter after a strong surge inwards Monday, outpacing moves in other parts of the financial market -
Credit makes strong gains in relief rally
2 days ago
The week has opened on a stronger tone amid a calming of government bond yields, conducive manufacturing data in Europe and a new covid-19 vaccine approval in the US -
Compression trades grind into gear as spreads narrow
20 days ago
Compression between high yield and investment grade credit looks to be finally gaining traction in February, having been identified by some strategists at the start of the year as a key 2021 theme -
US looks for stronger open after sell off
1 month ago
US credit is opening slightly stronger on Thursday, after its sharp Wednesday rout, prompted by Federal Reserve messaging, carried over forcefully into Asian and European markets -
Credit touches November levels as nerves fray on France and Fed
1 month ago
Fears of a third national lockdown in France and the risk of disappointment from Wednesday's US Federal Reserve meeting have pushed credit wider along with a sell off in stocks -
Credit beats fast retreat as Biden boost dissolves in sea of troubles
1 month ago
The improvement of financial markets following the inauguration of Joe Biden as US president on Wednesday is looking short-lived as the week comes to an end, with CDS indices once again among the poorer performers -
Disconnect as credit sells off as stocks and oil strengthen
1 month ago
Credit is a big underperformer today versus stocks, with the sell off that began yesterday afternoon starkly at odds with the positive tone with which the week began -
Financials lead as credit opens 2021 with optimism
1 month ago
Financial credits, and particularly banks, are among the big movers today with the market having opened 2021 in buoyant mood following agreements on a Brexit deal and US stimulus package -
Sharp reversal for banks, travel and commodity firms as EU shuts borders
2 months ago
About a month's worth of improvement in high yield credit spreads - and nearly two months in investment grade - has been wiped out today, with European countries banning flights from the UK and Brexit talks missing a key deadline -
Credit sell off gathers pace ahead of Brexit crunch day
With both sides in the EU-UK negotiations conceding that trade talks are most likely to conclude on Sunday without an agreement, credit is again a big underperformer today as more longs cut and run while hedging picks up -
Index sell off hits at start of busy week for primary
2 months ago
Credit is stumbling into the week, with a widening of index spreads that noticeably underperforms stock markets -
ECB stimulus hopes bolster high yield outperformance
2 months ago
Spread compression has picked up again, with European high yield taking the lead as expectations mount for another round of European Central Bank stimulus at its meeting next week -
Wide-end names gain ground as market hits impasse
3 months ago
Financial markets appear to have a hit resistance points in several asset classes today, with credit, stocks and oil prices struggling to find traction despite encouraging signals from the UK on rolling out the Pfizer/BioNTech covid vaccine -
Spread compression resumes with US passing key milestones
3 months ago
Credit markets have resumed their crunch tighter today, with an absence of any obviously negative brakes to offset strengthening Asian industrial numbers and applications by vaccine makers for emergency approval in the US and Europe -
Bulls give up some gains as IG banks and energy lead market wider
3 months ago
In a cautious opening to the week, credit spreads are edging wider against a backdrop of faltering oil prices but marginally strengthened stocks -
Europe keeps to the grind with wide-end driving improvement
3 months ago
Credit exhibits a firm tone as the week draws to a close, with index spreads grinding back towards their tights despite a mixed picture for oil prices and much of the US market away after the thanksgiving holiday -
Stressed credits push tighter even as index bulls take profit
3 months ago
A cautious tone has returned to financial markets ahead of the US thanksgiving holiday, with the strong push tighter of credit spreads in recent sessions giving way to a widening move -
Investment grade rallies hard on hopes of end to US deadlock
3 months ago
In a change from the recent trend investment grade credit is the front mover today, playing catch up on high yield as the market-wide rally gathers pace -
European high yield stays positive as rest of market hits resistance point
3 months ago
Credit markets are taking a cautious step back following the recent rally, with only European high yield spreads still exploring their best prints of the week -
Covid toll puts reality check on market rally
3 months ago
Credit markets look to have hit a point of resistance, with spreads retracing today amid a rising likelihood of stricter covid-19 measures be applied in places such as New York, Tokyo and Madrid -
Compression gains mount as Moderna vaccine result boosts confidence
3 months ago
Compression trades are paying off today, with a new covid-19 vaccine announcement prompting a broad tightening of credit spreads in which high yield corporate indices lead the charge and financial names are outperforming investment grade corporate borrowers -
Compression and curves in play amid second day of vaccine rally
3 months ago
Credit spreads are converging as they edge tighter again today, following their forceful improvement to pre-covid levels yesterday due to a successful covid-19 vaccine test -
Primary pumped as Trump gazumped and vaccine hopes jump
3 months ago
A 'yuge' rally is underway in credit markets today, with optimism over Joe Biden's apparent victory in the US presidential election turning to elation following a big covid-19 vaccine breakthrough -
Rally puts credit back on even footing but single name volatility persists
4 months ago
A sizeable rally today is putting credit indices back on a flattish footing with where they began the week, adding to the sense the market is finely poised with only six trading days to go before the US presidential election -
IG tranches look 'boring' after distressed names ejected at roll
4 months ago
September’s index rolls brought tranche traders some of the starkest portfolio changes in recent years, with fallen angels and defaults shifting correlation dynamics. This creates relative value openings, but investors will take longer to move into new series as they require extra analysis, say dealers.
Want all the latest news, comment, analysis and data?