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Cover illustration: Toni Louise
Cover illustration: Toni Giddings
Bond realities and credit crowding
Global sovereign bond yields are going haywire. US Treasury Secretary Scott Bessent is furiously trying to bring down borrowing costs, and, as we go to press, the Treasury Department said it would increase its extraordinary bond buying up to USD 6bn.
Inflation appears to be back, raising prospects of rate hikes. Artificial intelligence is pulling huge sums of capital for its ongoing build-out. And the Iran war rages on.
All this portends a busy autumn for credit markets. In addition, there’s a massive deal pipeline waiting to issue in the upcoming months. CLO ETFs hit an important milestone moment, new CLO variants are coming to market, regulators are mulling changes, and more.
Lisa Lee
Managing editor
News
News
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