The UK government is battling entrenched skepticism about its finances that is adding billions to borrowing costs and amplifying the pain of a global bond selloff.
Kim Crawford, global fixed income portfolio manager at JPMorgan Asset Management, discusses the outlook for French bond yields and why her firm is getting "more constructive" on longer-term debt. "Bonds typically sell off until something breaks, and something has broken," Crawford tells Bloomberg Television. (Source: Bloomberg)
Commodities trader Gunvor Group renamed itself Centalion Group Ltd. and plans to redomicile its corporate headquarters to Singapore, a shift for the firm’s new owners after historic ties to Russia drew the ire of the US Treasury last year.
French government bonds deepened this week’s slump, with investors demanding the biggest yield premium to hold the bonds over safer German debt since the region’s debt crisis.
Investors are set to shun riskier trades until the dollar’s recent surge shows signs of peaking, according to Bank of America Corp.’s Michael Hartnett.
France proposed that European countries and members of the International Energy Agency release 100 million barrels of diesel and crude oil, as Europe comes under mounting pressure from the Trump administration to help bring down fuel prices.
Fuel is a huge expense for airlines, and even on a good day, jet fuel prices are pretty volatile. Throw in two major wars now effecting energy infrastructure, and fuel prices across the board are higher and higher. Airlines have long tried to manage this expense through fuel hedging, using things like swaps and options to hedge against future increases in the price of jet fuel. David Kang, former group treasurer at Qatar Airways, has firsthand experience hedging for a large carrier, and he tells
Surging capital demand from hyperscalers and the artificial intelligence ecosystem — rather than inflation expectations — is the primary force pushing real rates and bond yields higher, Pacific Investment Management Co. President Christian Stracke said.
Bain Capital is exploring a potential investment in Hong Kong’s New World Development Co. as the embattled property company looks at ways to pay down its heavy debt burden, people with knowledge of the matter said.
Dong Cao, Shirley Zhao, Lulu Yilun Chen and Cathy Chan
IG Group Holdings Plc shares plunged the most in almost a decade as the retail trading firm reported a surprise slump in third-quarter revenue, months after upgrading its outlook.
Chinese couples are swapping conventional wedding shoots for starring roles in their own romance dramas, with film crews, scripts and costumes. Tiffany Ap explains a rare bright spot in the country’s shrinking marriage market. (Source: Bloomberg)
Horizons Middle East & Africa is your daily spotlight on one of the world's fastest-growing regions. Live from Dubai, we bring you the latest global markets and analysis, plus news-making interviews, with a special focus on MEA. All that and more, as you head to the office in the Gulf, pause for lunch in Hong Kong, or start your day in London or Johannesburg. (Source: Bloomberg)
Indonesia’s new finance chief signaled he’ll stay in his lane and let the central bank and the Danantara sovereign wealth fund handle their own mandates, a bid to restore investor confidence in President Prabowo Subianto’s broad economic policy. (Source: Bloomberg)
As global government bonds wrapped up their worst quarter since 2024 due to higher oil prices and the threat of sticky inflation for the world economy, France is facing a particularly tricky trajectory. OAT-Bund spreads widened sharply as an increasingly fragmented government unveiled plans to narrow the nation's budget deficit, stoking investor concern over the country’s debts. The Opening Trade spoke to guests about the economic outlook and investment landscape for France as the nation grapples with growing global and domestic pressures on it's finances.
(Source: Bloomberg)
A tentative recovery in UK stocks has hit a major roadblock as the country’s bonds take some of the harshest punishment from the global selloff in sovereign debt.
PIMCO President Christian Stracke examines the forces driving the global bond selloff, the yield levels that could threaten equity markets, and whether investors are underestimating the extent of policy tightening still ahead. He speaks with Paul Allen on "Insight with Haslinda Amin." (Source: Bloomberg)