(Reuters) – JPMorgan Chase & Co’s disastrous bets on corporate debt may have caused unexpected collateral damage: erratic behavior in a barometer that measures the…
CTV.caDimon Senate Hearing Postponed to June 13Wall Street JournalThe company said Mr. Dimon plans to cooperate, and a JP Morgan spokeswoman confirmed Thursday that he will appear at the June 13 hearing. The JP Morgan losses, disclosed earlier in May, …
European Default Protection Costs Rise After G8 – MarkitWall Street JournalLONDON (Dow Jones)–The cost of insuring European sovereign and corporate debt against default was higher in early trading Monday, after the weekend summit of leaders from major…
For hedge funds that could smell blood in the water, it seemed to be an opportunity to take on JPMorgan Chase and win. It was,…
CREDIT MARKETSOCTOBER 12, 2011, 6:29 P.M. ET.
Some Funds ‘Junk’ Their Strategy .
By PRABHA NATARAJAN
After riding a two-year rally in U.S. “junk” bonds, some high-yield bond-fund managers are looking elsewhere for returns.
Some fund managers said th…
There is risk that the FIRE economy will resume. Remember that we’re in the middle of bizzaro world here as far as finance and credit origination go.
Although we have the same issues as we had in the 1930s, this isn’t the 1930s and the United State…
Global Bond Growth Rate Decelerates to Pre-Crisis Levels: Credit Markets
By Sapna Maheshwari –
Jan 20, 2011 7:02 AM ET
The global bond market’s expansion is slowing for the first time since 2005 as governments withdraw stimulus and credit conditio…
If you listen carefully, you’ll here him mention that corporate cash is backed by corporate debt. Go to minute 2.0 if you wish….
Exactly!
…woops, the frontrunners of the Feds QE2 bought the wrong stuff! Uh oh, that’s not good.
http://www.bloomberg.com/news/2010-10-28/bank-of-japan-to-buy-lowered-rated-corporate-
debt-to-spur-economic-growth.html
The Bank of Japan plans to buy corpor…
Goldman Sachs, Morgan Stanley Split on Junk as Prices Soar: Credit Markets
By John Detrixhe – Sep 23, 2010 5:59 AM ET
Morgan Stanley says investors should buy the lowest-rated corporate debt, while Goldman Sachs Group Inc. says stay away, underscorin…
