Regardless of who wins the U.S. 2020 elections, some investors have welcomed the prospects that either of the two candidates would most likely face some opposition in the U.S. Congress that would be a barrier to bringing about sweeping changes… Read More ›
Treasury bonds
Risk premium on U.S. investment grade credit goes through roof on Wuhan coronavirus worries
The financial impact of the Wuhan coronavirus on corporate America’s balance sheets has tripled the premium investors are demanding to hold even the highest-rated corporate bonds. According to the ICE/BofA investment grade index, the difference between the average yield of… Read More ›
USD slips to Nov. 2019 low midst Middle East tensions
On Friday. following a U.S. air strike on Baghdad airport which killed a senior Iranian military official, the Japanese yen led other safe-haven assets higher even as the price of crude oil jumped by $3. Gold prices as well as… Read More ›
Trade deal with China will have to wait till Nov. 2020
The U.S.-China trade war is likely to drag till at least the U.S. presidential election in November 2020. “I have no deadline, no,” said Trump to reporters in London, where he was due to attend a meeting of NATO leaders…. Read More ›