QE exit plans are causing investors concern about liquidity for emerging markets
Despite talk of rising interest rates, company financing cost remains attractive
Craig Fehr, Canadian market strategist for Edward Jones, urges investors to position both equities and the fixed-income portion of their portfolios for short-term volatile interest rates and long-term rising rates. Fehr gives specific tips on bond and fixed-income strategies for the long and near term. He spoke at the TMX Broadcast Center in Toronto.
The Fed's suggestion about withdrawing bond market price support struck a chord - and the rush for the exits began
The global speculative-grade default rate ticked up in the second quarter, reports Moody’s Investors Service. The rating agency says that its trailing 12-month global speculative-grade default rate finished the second quarter at 2.8%, up from 2.5% in the first quarter, although this is down from 3.1% in the same period last year. Of the 19 […]
Fitch Ratings said Wednesday that Canadian covered bond programs that are secured by residential mortgages should not be negatively affected by the catastrophic floods in southern Alberta. The rating agency reports that loans on properties located in Alberta represent about 15% of cover pools on average, and that regional lenders have even less exposure to […]
Uncertainty over policy direction at the U.S. Federal Reserve has not affected the rating agency’s Liquidity Stress Index
With North American bonds offering a pittance for security, you'll find some good opportunities overseas
Investment-grade credit spreads are currently close to their average levels
The solution that's been adopted, which dishonours senior bonds and large deposits, is likely to raise red flags