7 Updates

US banks, funds file against Argentina remedy

Source: Mail.com, Nov 22 2012, 5:52am CST

BUENOS AIRES, Argentina (AP) — Argentina is running out of wiggle room in a billion-dollar showdown over foreign debts left unpaid since the country's world-record default a decade ago, and the stakes couldn't be higher for Presi ...

Continue reading on: Mail.com

 
 
Update
7

19 hours ago

EURO GOVT-Investors price out Greek default as curve normalises

Source: Reuters Mobile  |   May 21 2013, 4:09am CDT

* Bund losses might be limited by weak euro zone outlook * Greek 10-year yield falls below 30-year for 1st time since 2010 LONDON, May 21 (Reuters) - Greek 10-year bond yields fell below longer-dated ones on Tuesday for the first time ...

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Update
6

2 days ago

Pension funds should seize the opportunity to step into lending

Source: Financial News  |   May 19 2013, 6:00pm CDT

European bank assets could shrink $4.5 trillion this year, according to the International Monetary Fund. Collateralised loan obligations worth €45bn will expire over the next 18 months. You can see why rivals think there is ...

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Update
5

25 weeks ago


Quote:
"There is no reason to believe — and common sense rejects — the notion that Argentina would harm its reputation and credit, and unnecessarily allow tens of billions of dollars of debt to accelerate, simply to avoid paying the plaintiffs $1.43 billion"


Source: Mail.com

 

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Update
4

2 days ago

Analysis: Frontier Markets booming but risks mounting

Source: Reuters  |   May 19 2013, 8:21am CDT

NEW YORK (Reuters) - With the world's biggest central banks driving yields on safe assets to near zero, some investors are tossing caution to the wind and rushing to buy illiquid and previously overlooked bonds sold by countries with no capital markets ...

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Update
3

4 days ago

UPDATE 1-High-yield bond funds see lower demand after record rally

Source: Reuters  |   May 17 2013, 4:10pm CDT

NEW YORK May 17 (Reuters) - Investors worldwide cut back on commitments to high-yield "junk" bond funds in the latest week, giving just $100 million to the funds globally after committing over $1 billion the prior week, according t ...

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Update
2

5 days ago

Foreign central banks' U.S. debt holdings rise - Fed

Source: Reuters  |   May 16 2013, 3:29pm CDT

NEW YORK May 16 (Reuters) - Foreign central banks' overall holdings of U.S. marketable securities at the Federal Reserve rose in the latest week, data from the U.S. central bank showed on Thursday. The Fed said its holdings of U.S. securit ...

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Update
1

6 days ago

Asset Inflation And Bond Bubbles, Fed Policy At Work

Source: Seeking Alpha  |   May 15 2013, 1:56pm CDT

Since 2008, there has been a world war raging pitting the world's central banks against global economic meltdown. The central banks' main weapon has been some of the loosest monetary policies in history. Thus far, it is too early to determ ...

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