The bond markets in 2009 saw new records set for many asset classes, but in one respect 2010 has overshadowed its predecessor: Yankee issuance. Overseas borrowers have flooded to the dollar market throughout 2010, and if the evidence of early September is any guide, the trend shows no signs of abating.
There are many reasons for overseas borrowers to visit New York, but top of the list for many has been the deep cost savings that have been available courtesy of the basis swap market. Before the c
The week on Risk.net, 14-20 April, 2018Receive this by email