Rates
Private credit’s default recovery rates are worse than its biggest rival
THE dangers of private credit firms overvaluing their own assets has become one of the booming US$1.7 trillion industry’s most contentious topics in recent weeks. New data on how...
FCT’s inclusion in STI a reminder to investors that quality matters amid higher interest rates
EARLIER this week, Frasers Centrepoint Trust (FCT) replaced Philippine spirits maker Emperador as one of the 30 components of the Straits Times Index (STI). This brings the number of...
All eyes on whether US Federal Reserve will make explicit promise to cut interest rates
THE mood swings of the world’s financial markets could continue if there is any ambiguity in US Federal Reserve chairman Jerome Powell’s statements this week at the end of...
Nomura boosts EMEA bond desks with new head of flow rates
NOMURA Holdings has appointed Hemish Shah as head of flow rates for Europe, the Middle East, and Africa as the Japanese broker works on expanding its wholesale operations in...
Japan on cusp of ending its negative interest rates experiment
THE Bank of Japan is close to ending eight years of negative interest rate policy, with expected historical wage hikes heightening the prospect of a landmark shift away from...
ECB To Hold Rates Again, Awaiting Clearer Signs On Inflation
The European Central Bank is expected to freeze interest rates again this week, with officials wary of starting to cut before they see more evidence that recent falls in...
Mortgage Rates Climb Again, Dampening Housing Market
In the ever-changing landscape of the housing market, the specter of rising mortgage rates emerges once again, casting a shadow over prospective homebuyers and refinancers alike. After a brief...
30-Year Mortgage Rates Exceed 7%: Impact On Homebuyers And Housing Market
The average rate on the widely-followed 30-year fixed mortgage made headlines by crossing the 7% mark Monday, reaching 7.04%, as reported by Mortgage News Daily. This development follows a...
