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Brighter start for credit in 2023 as investors return with bid for risk
1 year ago
Credit markets have opened the year on a positive footing, with Europe particularly buoyant as investors lift CDS hedges they placed at the end of 2022 and some bonds receive enthusiastic bids in the secondary market -
Bond tenders bring outperformance as credit fends off commodity woes
1 year ago
Credit markets are managing to stay remarkably robust this week despite high volatility in oil prices and covid deaths in China undermining hopes for its economy to reopen -
Allspring hires head of US distribution
1 year ago
Allspring Global Investments has hired John Moninger as head of US distribution in a role encompassing retail and institutional sales, platform development, client service and consultant relations. -
Convergence traders dine out as Europe widens in US absence
2 years ago
Traders betting on Europe / US credit convergence have much to be thankful for on Thursday, with the gap between investment grade CDS spreads having vanished and high yield noticeably reduced -
Saipem moves sharply on Mozambique moans
3 years ago
Saipem, the Italian energy engineering group, was a big underperformer in a flattish credit market on Wednesday, as uncertainty over a project in Mozambique weighed on first quarter results and its outlook for the year
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