Bonds

Britain’s shadow banking system is raising serious concerns after bond market storm

Analysts are concerned about a knock-on effect to the UK’s shadow banking sector in the event of a sudden rise in interest rates. Photo by Richard Baker | In Pictures | Getty Images LONDON – After last week’s chaos in British bond markets following the government’s Sep. 23 “mini-budget,” analysts are sounding the alarm on …

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How three decades of pensions vandalism led directly to today’s crisis in gilt markets

But there is a long tail, lasting in some cases more than 50 years. In the meantime, the established strategy as members approach retirement age is to “de-risk” portfolios by selling higher risk assets such as equities and swapping into so-called “risk free” bonds where you can be certain of the nominal rate of return …

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There is a ticking time bomb under the financial system

Without the Bank’s decisive action, it is no exaggeration to say that the UK faced a pensions meltdown in which as many as ten million people with gold-plated ‘final salary’ schemes would have been affected. One investor told the Financial Times that 90pc of UK pension funds would have been “wiped out”. The problem stems …

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UK lenders halt mortgage deals to customers after market chaos

The British bond and currency markets have been in turmoil since Finance Minister Kwasi Kwarteng announced his “mini-budget” on Friday. Oli Scarff | Getty Images News | Getty Images LONDON – UK lenders Virgin Money, Halifax and Skipton Building Society pulled some of their mortgage deals to customers after the tumult in British bond markets. …

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From the Fed to Europe’s currency crisis, here’s what’s behind this selloff in financial markets

Trader on the floor of the NYSE, June 7, 2022. Source: NYSE Stocks fell sharply, bond yields rose and the dollar strengthened Friday as investors heeded the Federal Reserve’s signal that its battle with inflation could result in much higher interest rates and a recession. The sell-off Friday was global, in a week where the …

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How much cash you need in an emergency fund at every career stage

Nirunya Juntoomma | Istock | Getty Images If you’re feeling unsteady amid stock market volatility, high inflation and rising interest rates, you may wonder how much cash you really need to have handy. But the right amount to have in your emergency fund depends on your family’s situation and needs, financial experts say. related investing …

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What the inverted yield curve means for your portfolio

Morsa Images | E + | Getty Images As investors digest another 0.75 percentage point interest rate hike by the Federal Reserve, government bonds may be signaling distress in the markets. Ahead of news from the Fed, the policy-sensitive 2-year Treasury yield climbed to 4.006% on Wednesday, the highest level since October 2007, and the …

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Credit Suisse finances debt conversion for marine conservation in Barbados

Credit Suisse acted as Global Lead Arranger on the total USD 146.5 mn dual currency term loan facility, also known as the blue loan, to Barbados, which completed on September 20, 2022. It also acted as sole structurer and arranger of the blue bonds issued to finance USD 73.25 mn of the blue loan. CIBC …

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