by bondevalue | Aug 2, 2019 | Financial News
The U.S. Federal Reserve cut interest rates for the first time in more than a decade on Wednesday 31 July, citing “implications of global developments for the economic outlook as well as muted inflation pressures”. Fed Chairman Jerome Powell said the cut was to...
by bondevalue | Apr 24, 2019 | Financial News
Netflix Inc. issued US$900 million and EUR1.2 billion (equivalent to US$1.34 billion) in new bonds, after receiving investor orders of about US$6 billion between the 2 currencies, pushing the oversubscription rate to approximately 3 times. The streaming service had...
by bondevalue | Apr 10, 2019 | Financial News
The Jan-Feb bond party continued into March with 1Q19 mark-to-market gains of $75.4 billion, calculated based on quarterly price gains (ex-coupon) of US dollar denominated bonds in the BEV universe. To illustrate this rally in bond prices, we plotted the average...
by bondevalue | Feb 18, 2019 | Financial News
Lombard Odier Investment Managers expects Asia’s dollar-denominated bond market to return 5-10% this year, after the massive sell-off in late 2018. The fund manager cites policy easing in the U.S. with interest rates expected to stay the same all year, and the...
by bondevalue | Dec 26, 2018 | Financial News
Asia’s dollar bond market is ending 2018 logging its worst performance since 2013. Fund managers, however, believe that strong fundamentals in many sectors and expectations of support from policy makers in several countries could mean certain areas of the market...
by bondevalue | Dec 20, 2018 | Financial News, Interest Rate Trends, Macroeconomic news, U.S. Federal Reserve Bank
The U.S. Federal Reserve defied President Donald Trump to raise interest rates for the fourth time in 2018, by a quarter percentage point to 2.25% to 2.5%, at the recent FOMC meetings on 18-19 December. The FOMC vote was unanimous, with all four of the Fed governors...
