Broad sell-off as market moves to price five or more Fed hikes
Financial market sentiment has taken another dive in the wake of the US Federal Reserve meeting on Wednesday, with many taking Fed chairman Jerome Powell’s comment that “this cycle is different from the previous one” to mean a steeper tightening than previously thought

Travel, tech and financials give market boost ahead of Fed second day
Credit and equity markets are back in tandem with a sizeable rally ahead of Wednesday's closely watched US Federal Reserve meeting, following a volatile start to the week

Credit Rendezvous: the upside of inflation
It is clear, inflation is not transitory and central banks are acting with several interest rate hikes likely in store for the US this year. That makes loans and CLO debt tranches attractive, but there could be opportunities beyond these floating rate assets

US and Euro credit diverge ahead of Fed
US and European credit are moving in different directions as investors try to rebalance their positions on Tuesday ahead of the US Federal Reserve meeting kicking off

Financials move first as bearish trading resumes ahead of Fed meeting
The bearish tone in financial markets has spilled over into another week with cautious positioning ahead of the US Federal Reserve meeting, weakness in tech stocks, financial credits underperforming and growing trepidation about the possibility of Russian intervention in Ukraine

See what's next: Netflix gives whole market a chill
Financial markets look set to end the week once again on a bearish trajectory, with fears over consumer confidence and company earnings helping take credit spreads back to their widest levels since the start of December

Biden remarks add extra twist to Ukraine / Russia credit volatility
The war of words around Russia's intentions regarding Ukraine is keeping both countries' credit spreads volatile, with US president Joe Biden's latest remarks leaving room for interpretation on both the perceived threat and how Ukraine's allies are prepared to respond

Gapstow expects strategic deals as credit manager M&A volume slumps to $120 billion
M&A volume involving credit asset managers dropped last year with total target value assets under management slumping to $120 billion from $149 billion in 2020 (and $254 billion in 2019), according to Gapstow Capital Partners

Natixis hires head of leverage finance syndication in New York
Natixis has hired a managing director to head up its leveraged finance syndication

Credit makes comeback despite oil and treasury yields hitting new highs
The bearish mood that has gripped trading sessions over the past week appears to be easing slightly, with US and European credit indices picking up after a strong rally in Asia

Värde promotes three credit specialists to partner
Värde Partners has promoted Jim Dunbar, Aneek Mamik and Carlos Sanz Esteve to partner

Financials lead widening push amid oil and treasury surge
The widening pressure on credit spreads has resumed in response to rising treasury yields and oil prices, as Fed hawkish signals and supply chain concerns hold sway

Ukraine and Russia volatility steps up amid political trial and conflict fears
Ukrainian and Russian spreads are among the market's biggest movers at the start of the week, as developing tensions between the two countries ramp up another notch and former Ukrainian president Petro Poroshenko has arrived in Kyiv to face treason charges

Post-CPI relief rally gives way to bears as reality bites
A bearish tone has returned to financial markets in the latter part of the week, despite investors seemingly taking in stride the highest US inflation growth numbers for almost 40 years

Riskiest names lead US credit rally as big number looms
US companies at the wider end of the high yield market have led the market's repositioning rally ahead of Wednesday's key inflation numbers, as investors brace for what could be a directional signal for Federal Reserve policy

TwentyFour promotes US credit head to partner
TwentyFour Asset Management has promoted its head of US credit to partner, effective in the early part of this year

CLO primary pause ends as Fortress prints first deal of 2022
Fortress Investment Group has priced the first CLO primary market transaction of 2022

Credit rallies ahead of key inflation numbers
Credit markets have made a corrective turn towards tighter spreads after several successive sessions of deterioration, as investors position ahead of this week's key US inflation numbers

Telco provider jumps wider as market downturn extends
The bearishness that reasserted itself in the opening sessions of 2022 has spilled over into a second week, as investors anticipate elevated US inflation numbers that will put the focus back on central bank rate hikes and asset purchase tapering even as covid-19 cases hit new heights

Credit awash with volatility in first week but investors load up
It has been a volatile opening week to the year for credit, but one in which investors have allocated bullishly to credit funds

Caution returns to credit trading following tech sector rout
After a strong Tuesday session, financial markets are taking a more cautious step back on Wednesday amid returning inflation concerns and following a weak session for Chinese tech stocks

Travel cos look sunny as credit returns with wind in sails
European credit is off to a positive start for the year, with a 3bp rally in iTraxx Crossover taking it to its tightest print since the 20 September roll

Credit gives up some gains after central banks’ hawk party
Credit markets are ending the week on a correction wider after central bank-led bullishness drove spreads to their tightest levels of the month

"If omicron paradoxically lowers the temperature of the market, that may be no bad thing"
The global economy is well protected against omicron — and a mild infection may be beneficial

Banks and loans to benefit in 2022 as safe havens dwindle
Safe havens and sector pitfalls are among some of the top considerations for portfolio managers this year, as a consensus forms that credit could suffer versus other asset classes