Bloomberg
Country Garden Missed Payment Declared 'An Event of Default'
China's Country Garden has been deemed to be in default on a dollar bond for the first time ever. The builder's failure to pay interest on the note within a grace period that ended last week "constitutes an event of default," according...
Bloomberg
Keeping Powder Dry Right Now Is Not a Crime: State Street's Loh
Marvin Loh, senior global macro strategist at State Street, says "I love bills, two-years feel pretty good to me at this point," as he discusses diversifying your portfolio on "Bloomberg Surveillance."
Bloomberg
China Ramps Up Economic Support With New Debt Issuance
China is stepping up support for its struggling economy by issuing additional sovereign debt and raising the budget deficit ratio as President Xi Jinping made a rare visit to the central bank. Stephen Engle reports on Bloomberg Television.
Bloomberg
KKR Sees Opportunities in High-Yield Bonds as Fed Pauses
KKR is seeing more opportunities in high-yield bonds and is selling some floating-rate debt as the Federal Reserve pauses interest rate hikes. Olivia Raimonde has more on "Bloomberg Markets."
Follow Bloomberg for business news &...
Bloomberg
State Street CEO Sees 10-Year Treasury Yields Topping Out at 5%
The yield on 10-year US Treasuries will "probably" top out at 5%, according to the head of one of the world's largest asset managers.
"If you talk to our chief investment officer, she would say this is the time to start thinking about...
Bloomberg
Ex-PBOC Deputy Chief: China Faces Cyclical, Structural Issues
Former People's Bank of China Deputy Governor Zhu Min discusses the state of the world's second-largest economy, policies, and the bilateral relations with the US. Chinese President Xi Jinping stepped up support for the world's...
Bloomberg
China's Latest Stimulus 'Very Positive' for Markets; UBS
Yifan Hu, regional chief investment officer and head of Asia Pacific macroeconomics at UBS Global Wealth Management, discusses China's efforts to boost the economy and the implications for financial markets. President Xi Jinping stepped...
Bloomberg
JPMorgan AM on its ETF Business
Bryon Lake, Global Head of ETF Solutions at JPMorgan Asset Management, discusses the growing popularity of active ETF and growing in APAC. He speaks with David Ingles and Vonnie Quinn on "Bloomberg Markets Asia".
Bloomberg
Treasury 10-Year Yield Tops 5% for First Time Since 2007
The US 10-year Treasury yield breached 5%, rising nine basis points to 5.01% for the first time in 16 years. Investec Economist Sandra Horsfield explains why it is difficult to call the top for yields on "Bloomberg Brief."
Bloomberg
US 10-Year at 5% Doesn't Mean Much to Economy: Carl Weinberg
Carl Weinberg, chief economist and managing director at High Frequency Economics, doesn't see 5% Treasury yields as punitively restrictive economic policy and says, "we don't have to be afraid of real interest rates at this level, we...
Bloomberg
Yen Breaches 150 Per Dollar Again, Raising Intervention Risk
The Japanese yen briefly weakened beyond 150 against the dollar again in early Asian trading, keeping traders on guard against possible intervention from authorities Japan. Paul Dobson has more on Bloomberg Television.
Bloomberg
'Cautiously Optimistic' on China Fixed Income: Ninety One
Wilfred Wee, portfolio manager at Ninety One, discusses the state of the Chinese economy, the country's real estate debt crisis, and the implications for financial assets. China's main CSI 300 Index slid more than 4% last week, its worst...
Bloomberg
JPMorgan AM's Laskowitz on Long-term Multi-asset Outlook
Jed Laskowitz, CIO & Global Head of Asset Management Solutions at JPMorgan Asset Management, takes a look at the next 10 to 15 years for multi-asset investments. He discusses his outlook with David Ingles and Haidi Stroud-Watts on...
Bloomberg
We Covered Our Bond Short, Says Ackman
Pershing Square Capital Management founder and CEO, Bill Ackman, says he covered his short bet on US Treasuries, noting "there is too much risk in the world to remain short bonds at current long-term rates." Bloomberg's Sonali Basak has...
Bloomberg
Yields in 'Trouble Spot' for Equities: RBC's Calvasina
Lori Calvasina, RBC Capital Markets head of US equity strategy, discusses how the recent surge in bond yields impacts the equity market with Romaine Bostick on "Bloomberg Markets: The Close."
Follow Bloomberg for business news &...
Bloomberg
Lerner: Energy Sector a Good Hedge in This Market
Keith Lerner, Truist Advisory Services co-CIO and chief market strategist, says the energy sector is a good hedge in this market. He's on "Bloomberg The Open."
Follow Bloomberg for business news & analysis, up-to-the-minute market data,...
Bloomberg
Ailman: Not Just Higher-For-Longer; Just Higher
CalSTRS CIO Christopher Ailman tells us why the current environment makes the traditional mix of stocks and bonds unattractive. He says that rates could be not just higher-for-longer, but simply higher.
Bloomberg
Mester Says Fed Rates Likely Near or at 'Holding Point'
"Regardless of the decision made at our next meeting, if the economy evolves as anticipated, in my view, we are likely near or at a holding point on the funds rate," Federal Reserve Bank of Cleveland President Loretta Mester says during...
Bloomberg
Powell: Bond Market Reducing Some Impetus to Hike
Federal Reserve Chair Jerome Powell tells Wall Street Week that evidence in the economy suggests that monetary policy is not too tight. He also says that recent moves in bonds reduce some of the impetus to raise rates. He speaks with...
Bloomberg
Pimco Is Selling Hung Debt for a Premium
Pacific Investment Management Co. (Pimco) spent some of last year scooping up debt that banks couldn't sell at knock-down prices. Now it's started to slowly offload some of those positions at double-digit premiums. Sonali Basak has more...
Bloomberg
Longer End of Bond Market Absolutely in Trouble: Brenner
Andrew Brenner, head of international fixed income at Natalliance Securities, discusses the factors impacting the long end of the bond market and his concerns about who will be the marginal buyer of bonds. He speaks on "Bloomberg Brief."
Bloomberg
Axis Bank's Gambhir Likes Long Duration Bonds In India
Axis Bank Group Executive and Head of Treasury, Markets & Wholesale Banking Products Neeraj Gambhir says he still likes long duration bonds in India, as yields are at higher end of the range. He speaks with Rishaad Salamat and Yvonne Man...
Bloomberg
Dudley: Powell Seems Comfortable With Level of Rates
Former New York Fed President and Bloomberg Opinion Columnist Bill Dudley says Federal Reserve Chair Jerome Powell seems to be comfortable with the level of interest rates. He speaks on "Bloomberg Markets: The Close."
Follow Bloomberg...
Bloomberg
What Apollo's Slok Sees as the Biggest Economic Risks
Apollo Global Management Chief Economist Torsten Slok outlines what he sees as the top ten downside risks facing the US economy. He speaks on "Bloomberg Markets: The Close."
Follow Bloomberg for business news & analysis,...