First-Ever Muni Tobacco Bond Default Hits as U.S. Smoking Rates Plunge
A historic first default on municipal tobacco bonds, caused by declining smoking rates, rattles the niche muni sector and signals credit risks…
A historic first default on municipal tobacco bonds, caused by declining smoking rates, rattles the niche muni sector and signals credit risks…
Fed official Mary Daly says the central bank can move interest rates in either direction, reinforcing a data-dependent approach that leaves near-term…
Mary Daly's refusal to forecast rates and her emphasis on the Fed's flexibility to move in any direction highlight the central bank's…
Zambia's Eurobond price is set to rise as Morgan Stanley predicts the government will lift its offer to break a debt restructuring…
Apollo's James Zelter predicts investment-grade corporate bond sales will top US Treasury issuance, highlighting corporate America's growing borrowing appetite and a potential…
Resurgent mortgage convexity hedging threatens to amplify Treasury yield moves as the 'beast' returns to the government bond market.
Congo's Eurobonds are surging as investors pour into rare high yields backed by AI-linked cobalt demand, shrugging off a renewed Ebola threat…
Bank of America says foreign buyers are flocking to UK gilts as attractive yields overshadow political concerns, signaling potential demand-driven support for…
UK investors moved money from cash funds to bonds in June, drawn by attractive gilt yields, as the Bank of England's rate…
Fed’s Lorie Logan signals potential 2026 rate hikes, upending markets and boosting the dollar and yields.
DoubleLine’s Cohen warns AI-driven exuberance is creating a bubble in credit markets, threatening high-yield bonds as overleveraged AI companies face potential defaults.
Bessent’s inflation language echoes Yellen’s controversial past statements, raising fears of renewed Treasury yield volatility.