* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Tuesday, July 1, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    A Secret Society, Ritualistic Killings, and a Century-Old Curse Netflix and YRF Entertainment’s ‘Mandala Murders’ Premieres July 25 – About Netflix

    A Secret Society, Ritualistic Killings, and a Century-Old Curse: Dive into the Chilling World of ‘Mandala Murders’ Premiering July 25

    Susquehanna Raises Penn Entertainment Inc. (PENN) Price Target. – Yahoo Finance

    Susquehanna Raises Price Target for Penn Entertainment Inc. (PENN)

    George Lopez is coming to Spokane – KXLY.com

    George Lopez is coming to Spokane – KXLY.com

    Netflix unveils Dallas immersive venue for fans of hit shows like ‘Squid Game,’ ‘Stranger Things’ – Houston Chronicle

    Step Inside Netflix’s New Dallas Immersive Experience Featuring Hits Like ‘Squid Game’ and ‘Stranger Things

    ‘Puttin’ on the Ritz’: Civic Players bring ‘Young Frankenstein’ to life – Yahoo

    Civic Players Deliver a Hilarious and Unforgettable Performance of ‘Young Frankenstein

    ‘Wheel of Fortune’: Amputee Wins $60,000 After Breaking Incredible ‘Curse’ – Hastings Tribune

    Wheel of Fortune’ Amputee Breaks Incredible ‘Curse’ to Win $60,000!

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Owls inspire new revolutionary noise reduction technology – KTEN

    Owls inspire new revolutionary noise reduction technology – KTEN

    New center coming to Mizzou will focus on energy research and technology – Columbia Missourian

    Mizzou Launches Innovative New Center Dedicated to Energy Research and Technology

    Mirrors in space and underwater curtains: can technology buy us enough time to save the Arctic ice caps? – The Guardian

    Can Technology Like Space Mirrors and Underwater Curtains Buy Us Time to Save the Arctic Ice Caps?

    Naples restaurant owner prepares for hurricane season with new flood technology – Fox4Now.com

    Naples restaurant owner prepares for hurricane season with new flood technology – Fox4Now.com

    Emerging Memory and Storage Technology Market Analysis Report 2025-2034 | AI and HPC Boom Fuels Surging Demand for Fast, Low-Power Memory Devices – Yahoo Finance

    How AI and HPC Are Driving Explosive Growth in Fast, Low-Power Memory Technologies Through 2034

    Ostin Technology (OST): Volatility’s Warning or Contrarian Opportunity? – AInvest

    Ostin Technology (OST): Navigating Market Volatility – Red Flag or Hidden Opportunity?

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    A Secret Society, Ritualistic Killings, and a Century-Old Curse Netflix and YRF Entertainment’s ‘Mandala Murders’ Premieres July 25 – About Netflix

    A Secret Society, Ritualistic Killings, and a Century-Old Curse: Dive into the Chilling World of ‘Mandala Murders’ Premiering July 25

    Susquehanna Raises Penn Entertainment Inc. (PENN) Price Target. – Yahoo Finance

    Susquehanna Raises Price Target for Penn Entertainment Inc. (PENN)

    George Lopez is coming to Spokane – KXLY.com

    George Lopez is coming to Spokane – KXLY.com

    Netflix unveils Dallas immersive venue for fans of hit shows like ‘Squid Game,’ ‘Stranger Things’ – Houston Chronicle

    Step Inside Netflix’s New Dallas Immersive Experience Featuring Hits Like ‘Squid Game’ and ‘Stranger Things

    ‘Puttin’ on the Ritz’: Civic Players bring ‘Young Frankenstein’ to life – Yahoo

    Civic Players Deliver a Hilarious and Unforgettable Performance of ‘Young Frankenstein

    ‘Wheel of Fortune’: Amputee Wins $60,000 After Breaking Incredible ‘Curse’ – Hastings Tribune

    Wheel of Fortune’ Amputee Breaks Incredible ‘Curse’ to Win $60,000!

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Owls inspire new revolutionary noise reduction technology – KTEN

    Owls inspire new revolutionary noise reduction technology – KTEN

    New center coming to Mizzou will focus on energy research and technology – Columbia Missourian

    Mizzou Launches Innovative New Center Dedicated to Energy Research and Technology

    Mirrors in space and underwater curtains: can technology buy us enough time to save the Arctic ice caps? – The Guardian

    Can Technology Like Space Mirrors and Underwater Curtains Buy Us Time to Save the Arctic Ice Caps?

    Naples restaurant owner prepares for hurricane season with new flood technology – Fox4Now.com

    Naples restaurant owner prepares for hurricane season with new flood technology – Fox4Now.com

    Emerging Memory and Storage Technology Market Analysis Report 2025-2034 | AI and HPC Boom Fuels Surging Demand for Fast, Low-Power Memory Devices – Yahoo Finance

    How AI and HPC Are Driving Explosive Growth in Fast, Low-Power Memory Technologies Through 2034

    Ostin Technology (OST): Volatility’s Warning or Contrarian Opportunity? – AInvest

    Ostin Technology (OST): Navigating Market Volatility – Red Flag or Hidden Opportunity?

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

The Easy Money Has Already Been Made in Bonds

January 20, 2024
in Business
The Easy Money Has Already Been Made in Bonds
Share on FacebookShare on Twitter

Asset managers, worried that the end-of-year rally on expectations of a soft landing was overly optimistic, are selling bonds and boosting their cash holdings.

Author of the article:

Bloomberg News

Bloomberg News

Eleanor Duncan and Tasos Vossos

Published Jan 20, 2024  •  4 minute read

4yx62q50eqit2us9z8p6vqo8_media_dl_1.png4yx62q50eqit2us9z8p6vqo8_media_dl_1.png Bloomberg RSS

(Bloomberg) — Asset managers, worried that the end-of-year rally on expectations of a soft landing was overly optimistic, are selling bonds and boosting their cash holdings.

Bond allocations among fund overseers have tumbled 17 percentage points since the same time last month, according to a Bank of America Corp. fund manager survey published this week. The amount of money they parked in money market funds and other cash vehicles rose 13 percentage points in the same period.

Advertisement 2

This advertisement has not loaded yet, but your article continues below.

Financial Post

THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY

Subscribe now to read the latest news in your city and across Canada.

Exclusive articles from Barbara Shecter, Joe O’Connor, Gabriel Friedman, Victoria Wells and others.Daily content from Financial Times, the world’s leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.

SUBSCRIBE TO UNLOCK MORE ARTICLES

Subscribe now to read the latest news in your city and across Canada.

Exclusive articles from Barbara Shecter, Joe O’Connor, Gabriel Friedman, Victoria Wells and others.Daily content from Financial Times, the world’s leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.

REGISTER TO UNLOCK MORE ARTICLES

Create an account or sign in to continue with your reading experience.

Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.

Article content

Article content

Taking profits in bonds makes sense now. Because short-term rates are so high relative to intermediate- and longer-term yields, a junk bond doesn’t pay that much more yield than a Treasury bill. And monetary officials caution that markets have grown too confident that rate cuts are coming soon. Traders are broadly tempering bets on the number of interest rate cuts by central banks this year. 

“This is a month to sell risk into a rally rather than aggressively chase risk,” said Adam Darling, a high-yield bond fund manager at Jupiter Fund Management Plc, who is among those increasing his allocation to cash. “If data indicates anything other than a soft landing there will be a lot of panic in the market.”

For managers like Darling, it’s becoming harder to justify holding bonds that can slump if rates fail to fall as much as expected or if fears of a recession start to intensify. Geopolitical tensions, including attacks by Houthi militants on commercial vessels in the Red Sea, could cause inflation to start to tick back up again, complicating the outlook for monetary easing.

By signing up you consent to receive the above newsletter from Postmedia Network Inc.

Article content

Advertisement 3

This advertisement has not loaded yet, but your article continues below.

Article content

Click here to listen to a podcast on the growth of private credit

Rates traders are currently pricing in more than five 25-basis-point cuts this year in the euro region and the US, and more than four by the Bank of England, according to data compiled by Bloomberg. 

Easing is likely in the summer, European Central Bank President Christine Lagarde said this week, while cautioning that the aggressive bets are “not helping our fight against inflation.”

Allspring Global Investments is among the money managers that still see an opportunity in bonds because yields are high enough to compensate for inflation, said Henrietta Pacquement, head of global fixed income and sustainability at the firm. But there could still be pressure on the debt this year, she said.  

“We would be amazed if we didn’t have at least one spread selloff this year,” said Jupiter’s Darling. “The economic environment is so volatile that we could have a selloff on even a small piece of bad news.”

Click here to watch the latest edition of Bloomberg Real Yield

Week in Review

UBS Group AG has moved away from Credit Suisse’s original plan to sell its $250 million distressed-debt business to a single bidder after it failed to attract enough interest, and is instead planning to dispose of the assets individually.Trading volume for US blue-chip corporate bonds hit a record last year, and could grow again in 2024, as investors have looked to snatch up notes while yields are still relatively high and supply of new bonds hasn’t been able to keep pace.Global leveraged loan sales are booming as issuers take advantage of strong buyer demand ahead of any cuts to interest rates and election-fueled volatility later this year.Companies are rushing to borrow money in the US high-grade and junk bond markets, with blue-chip debt sales approaching the highest for a January since 2017, as corporations look to take advantage of recent drops in yields.Demand for Europe’s debt sales is running at a record pace as investors clamor to lock in attractive yields before central banks start cutting rates.Until recently, real estate was the poster child of what can go wrong when interest rates rise rapidly. But now, bond prices are jumping and investment banks including Goldman Sachs Group Inc. are endorsing the embattled sector.The global speculative-grade default rate rose to the highest level since May 2021, on the back of higher funding costs, inflation and tighter financing conditions, according to a Moody’s Investors Service note.Borrowing costs in China’s yuan bond market used by lower-rated firms and local government financing vehicles have dropped to the lowest in almost two decades, following a string of government measures to clean up bad debts and boost the economy.Major Chinese lender Ping An Bank Co. has put 41 developers on a list of builders eligible for its funding support, a shift toward more lending to a property sector in crisis following government steps to stanch the pain.JPMorgan Chase & Co. is in talks to clinch $2.5 billion to $3 billion of third-party commitments to grow its private credit strategy.Royal Bank of Canada reopened the loonie-denominated market for debt similar to the notes issued by Credit Suisse Group AG that were wiped out last year.Dish Network Corp.’s debt exchange ambitions are causing consternation among traders who bought a form of insurance that pays out if the struggling satellite television company defaults.

Advertisement 4

This advertisement has not loaded yet, but your article continues below.

Article content

On the Move

Five Credit Suisse portfolio managers are leaving the bank to set up a new global macro fund at the alternatives platform of Lombard Odier Investment Managers.Kevin Burke, a longtime banking executive who was an early figure in the leveraged loan business, has died after a battle with pancreatic cancer.Paul Gibbs, Citigroup Inc.’s current co-head of EMEA loans and leveraged finance, is set be given a bigger role that will include debt capital markets for the region.Carlyle Group Inc. has appointed Peter Mackie to global head of credit distribution, replacing Andrew Curry, who is leaving the firm.David Hirschmann and Ariadna Stefanescu were appointed co-heads of Permira Credit, after former head James Greenwood stepped down from the business in 2023.StoneX Group Inc. is seeking to grow its distressed sales and trading business at a time when larger firms are exiting the market.

—With assistance from Dan Wilchins.

Article content

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : Financial Post – https://financialpost.com/pmn/business-pmn/the-easy-money-has-already-been-made-in-bonds

Tags: Alreadybusinessmoney
Previous Post

Congo and China Talking $7 Billion in Finance, Tshisekedi Says

Next Post

How to watch or stream the Divisional Round Playoffs of the NFL’s 2023 season football live online free without cable

Owls inspire new revolutionary noise reduction technology – KTEN

Owls inspire new revolutionary noise reduction technology – KTEN

June 30, 2025
Alexis Washington is sporting experience from the TV studio – VCU News

Alexis Washington Shines Bright with Her TV Studio Expertise

June 30, 2025
Aceso Life Science Group Enhances Governance with New Nomination Committee Appointment – TipRanks

Aceso Life Science Group Boosts Leadership with Exciting New Nomination Committee Appointment

June 30, 2025
Aceso Life Science Group Updates Board Composition and Roles – TipRanks

Aceso Life Science Group Updates Board Composition and Roles – TipRanks

June 30, 2025
59 Years Ago Today… – Corvette: Sales, News & Lifestyle – CorvetteBlogger

59 Years Ago Today… – Corvette: Sales, News & Lifestyle – CorvetteBlogger

June 30, 2025
Botafogo sack manager Paiva after Club World Cup exit – Reuters

Botafogo sack manager Paiva after Club World Cup exit – Reuters

June 30, 2025
Deep inside U.S. economy, more sticker prices start going up due to tariffs, and inventory is headed down – CNBC

Soaring Tariffs Drive U.S. Prices Up Amid Shrinking Inventory Levels

June 30, 2025
A Secret Society, Ritualistic Killings, and a Century-Old Curse Netflix and YRF Entertainment’s ‘Mandala Murders’ Premieres July 25 – About Netflix

A Secret Society, Ritualistic Killings, and a Century-Old Curse: Dive into the Chilling World of ‘Mandala Murders’ Premiering July 25

June 30, 2025
Immune Health Supplements Market Size to Reach USD 56.23 – GlobeNewswire

Immune Health Supplements Market Size to Reach USD 56.23 – GlobeNewswire

June 30, 2025
‘I don’t believe in losing’: GOP lawmaker responds to concerns about passing bill | CNN Politics – CNN

‘I don’t believe in losing’: GOP lawmaker responds to concerns about passing bill | CNN Politics – CNN

June 30, 2025

Categories

Archives

July 2025
MTWTFSS
 123456
78910111213
14151617181920
21222324252627
28293031 
« Jun    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (700)
  • Economy (725)
  • Entertainment (21,614)
  • General (15,640)
  • Health (9,764)
  • Lifestyle (730)
  • News (22,149)
  • People (725)
  • Politics (731)
  • Science (15,942)
  • Sports (21,222)
  • Technology (15,710)
  • World (705)

Recent News

Owls inspire new revolutionary noise reduction technology – KTEN

Owls inspire new revolutionary noise reduction technology – KTEN

June 30, 2025
Alexis Washington is sporting experience from the TV studio – VCU News

Alexis Washington Shines Bright with Her TV Studio Expertise

June 30, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version