U.S. consumer transportation sector and European durable consumer goods sectors headed for trouble
The Supreme Court of Canada’s decision on BCE took bonds off any pedestal of respect higher than that accorded to equities
Credit erosion gains momentum in industrial sector
12-month U.S. high yield corporate default rate rises to 3.1%
Moody’s Investors Service reported that global defaults are on the rise, with the global speculative-grade default rate increasing to 2.5% in July from a revised level of 2.1% in June. A year ago, the global speculative-grade default rate stood at 1.5%.The U.S. speculative-grade default rate rose to 3% in July from June’s revised level of […]
Rising inflation and falling bond yields pose serious challenges: IIAC report
Making the right moves will be tough, as governments steer between stimulating the economy and high inflation
J.P. Morgan enhanced its reputation among U.S. institutional investors by standing by its fixed-income clients during the worst of the global credit crisis, according to new research from Greenwich Associates.Greenwich says that Lehman Brothers and Banc of America were also recognized for their support of clients. Among the most active institutions, Lehman Brothers and J.P. […]
Default rates forecast to move up sharply this year
But investing in these issues depends on what direction the economy is likely to take in the coming months