Tag Archives: debt

The Treasury market is focusing on short-term debt with a 4%-plus yield as the Fed gears up to lower rates and support a soft landing. This sentiment is driven by the belief that the economy may avoid a recession and investors’ lack of appetite for longer-term securities. The two-year Treasury …

As of next January, a recession is predicted to hit the US economy as investment and production decline. According to a press release from the Conference Board, the Leading Economic Index (LEI) fell 0.8% in October and 3.3% over the previous six months, marking the 19th consecutive m-o-m decline. The …

With the country’s economy growing at an annual pace just above 3.5% in the second quarter. This is far from the 9.9% rate it averaged over its first three decades of economic reform. The country’s aging labour force is shrinking, and President Xi Jinping emphasizes loyalty to the Communist Party …

Due to its $3.3 billion debt and probable lawsuits regarding opioid prescriptions, American iconic retail chain Rite Aid is getting ready to apply for Chapter 11 bankruptcy protection. The firm has had difficulties throughout its history, with rivals including Bed Bath & Beyond, Tuesday Morning, and Christmas Tree Shops faltering …

El Salvador’s junk-rated bonds have experienced a significant surge in value in the past six months, with the value of the country’s bonds up 62%. This is part of a market-wide trend in junk-rated bonds in 2023, with El Salvador’s bonds outperforming the Invesco Emerging Markets Sovereign Debt. El Salvador’s …

China on Thursday lowered its benchmark loan rate, the benchmark market-based lending rate, in line with market expectations, as authorities ramped up monetary support to inject impetus into economic growth. The one-year loan prime rate (LPR) was lowered to 3.7%, down from 3.8% the previous month, according to the Interbank …

Official data showed today, Monday, that China’s economy achieved stable growth in 2021 despite challenges, including the re-spread of the epidemic and the complex external environment. According to the National Statistics Authority, China’s gross domestic product rose 8.1 percent year on year to 114.37 trillion yuan (about 18 trillion US …

In December, Chinese exports rose more than analysts’ expectations, while imports rose less than expected. On Friday, the Chinese Customs Administration revealed, in a statement carried by CNBC, that exports rose by 20.9 percent year on year last month to $340.49 billion, against expectations of a 20 percent increase, compared …

The total sales of Evergrande, the Chinese real estate developer, declined in 2021 by 39% to 443 billion yuan, or 69 billion dollars, from 723 billion yuan in 2020. It is reported that the company’s shares were suspended from trading on the Hong Kong Stock Exchange on January 3, as …

China cut the quota of its fuel exports by more than half, in the first announcement of quotas in 2022, as part of the Asian country’s strategy to reduce its foreign sales. China has allocated 13 million tons of the fuel for export, according to a source familiar with the …