Garth Friesen
Here are some of the stories impacting the bond market.
Of all the wild, head-scratching moves in financial markets this year, there are few that have surprised investors quite as much as the rally in defaulted Puerto Rico bonds. “It just blows my mind,” says Matt Dalton, chief executive officer of Belle Haven Investments.
Former bond king manages just a fraction of the assets he had at his height
Credit traders haven’t been this apprehensive about junk bonds for more than a year.
Matt King, global head of credit products strategy at Citi, discusses the Libor-OIS spread and U.S. Treasurys.
Stock-bond correlations have changed over time, but bonds have consistently performed countercyclically and provided positive returns in all US recessions since 1952.
There seems to be a strong convergence of interests between the Greek government, the European Commission and Eurozone Member States (and the IMF): they all want a clean exit from the Third Economi…
