Relaxing fiscal rules unlikely to provoke a Liz Truss-style gilts crisis, according to fund managers
The major Eurozone economy has been mired in political turmoil
Philip Lane says sell-off of country’s debt does not meet criteria to invoke central bank’s emergency powers
Investors rejected government proposal this month to reduce bonds’ value by up to 60% ahead of deadline
Snap election creates uncertainty just as some investors increase exposure to European markets
Yen weakens after Japanese central bank delays releasing details on plans to trim balance sheet
Decision by index provider hits Brussels’ efforts to widen pool of investors in its debt
Sell-off in French government debt has pushed borrowing costs for some maturities above those of Portugal
Ruling is setback for Javier Milei’s cash-strapped government as it faces cases brought by former foreign investors
The risks of holding Treasuries are rising with increasing deficits
Foreign buyers attracted to the local currency debt of former pariahs such as Kenya and Pakistan
Traders bet ECB will have limited room to cut rates this year with inflation above target
A new bill will tip the balances towards issuers
Disastrous UK mini-Budget of 2022 proves cautionary tale for US government
There’s some forward movement though
PE firms are turning to profit sharing to help bring in higher returns
Tepid demand for new US Treasury auctions drives rates higher and prompts a retreat in major stock indices
Use of a central bank lending facility has shot up after short-term lending rates surged briefly
Deal comes nearly four years after country reneged on debt
Copy/paste/delete 20 years of sovereign debt drafting work
County and state governments are enthusiastic investors in debt that is helping buttress Israel’s wartime deficit
Small investors hunting for haven assets take advantage of easier access to special 30-year debt
Investors have been increasing bets BoJ will raise interest rates further
Facile hurdles undermine a good idea
Bill seeks to stop ‘vulture fund’ investors from winning high payouts through the state’s courts
UK Edition