Euro credit primary market “extremely dynamic” in August: AXA IM
The Euro IG corporate index spread finished August 84bps over asw – higher than levels seen at the end of July. Euro credit is...
ECB expected to cut rates this month
A rate cut by the European Central Bank (ECB) is “fully expect” this September, according to DWS Group European economist Ulrike Kastens.
Kastens predicted a...
Mandatory central clearing: More resilient treasury market expected
Mandatory central clearing is expected to make the market safer and more resilient. But there is a catch. The new regulations – set to...
Rules & Ratings: Rating agencies hit with US$49 million in SEC fines
The SEC has charged six nationally recognised statistical rating organisations (NRSROs) with failures to maintain and preserve electronic communications. In total, more than US$49...
Treasury market volatility drives spike in curve spread strategies
Volatility in the US Treasury market has prompted heightened trading on CME Group’s BrokerTecRV Curve, the firm has reported.
BrokerTecRV Curve, which facilitates the trading...
S&P Global Ratings: Fallen angels remain costly despite tightening spreads
Brenden Kugle and Patrick Drury Byrne of S&P Global Ratings, have published a new paper assessing the borrowing costs for ‘fallen angels’, corporates whose...
S&P Global completes sale of Fincentric
S&P Global has completed the sale of its Fincentric business to Stellex Capital Management, a global private equity firm. The transaction does not have...
Davis Polk boosts asset management investment with three new partners
Davis Polk has hired Andrew Ahern, Alisa Waxman and Luke Eldridge as partners in the investment management practice in New York.
Ahern advises sponsors of...
Global equity volatility insights
Bank of America:
Global Equity Volatility Insights - FULL REPORT
Key trends in OTC derivatives markets
ISDA:
ISDA: Key Trends in the Size and Composition of OTC Derivatives Markets in the Second Half of 2023
