Bonds
The expectation that higher-risk bonds will outperform lower-risk bonds in a scenario of declining risk is often refuted by the evidence. What causes this counterintuitive behaviour?
Something rotten’s going on. ‘Bad’ assets shouldn’t linger like a bad smell; they should be picked up by careful dealers with a nose for a winner, just like in the good old days
On the face of things Italy’s economy looks to be the most robust of all the so-called PIIGS countries, but scratch beneath the surface and you find a worrying picture emerging
Banks are increasingly using their IT infrastructure to increase their competitive advantage. Learn how this can work in practice.
More Bonds articles
The bond-CDS basis trade is back with a vengeance, sparked by volatility in the debt of Greece – not to mention that of Ireland and Portugal. But the macro picture for these sovereigns has become so clouded that it takes a strong stomach to consider...
Credit Awards 2011 winner: JP Morgan – Best bank for euro bonds
Asset managers have reported demand from clients for so-called unconstrained bond strategies; freeing them from the rigidity of managing to benchmark bond indexes. Credit talked to five leading investment firms to get their take on the unconstrained movement...
Rich Farley joins from rival, Cahill Gordon & Reindel
Spanish regional government bonds aimed at retail investors are causing concern among some structured products providers
The US has recovered from recession but still faces an enormous debt burden. The onus is now on companies to pick up the slack in the economy and keep bonds buoyant
Loomis Sayles vice-chairman discusses the US credit markets
This handy guide reviews the various steps banks are taking to improve their risk management techniques, looking at the benefits and pitfalls of each one.
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