The best places to get income in the bond market now

The best places to get income in the bond market now

Bonds have performed so poorly this year that many investors are probably wondering what the point of owning any is. People usually buy fixed-income investments to add stability to portfolios in addition to collecting regular income — but that strategy has backfired this year. Funds that track the U.S. bond market have fallen about 16%, … Read more

In bond investments, ‘return’ can be calculated in many ways

In bond investments, ‘return’ can be calculated in many ways

As central bankers raise interest rates to combat inflationary pressures, it has created a sea of ​​red ink for bond investors. It also means that interest rates are back in the spotlight as investors look for new earning potential in a battered market. “When interest rates were very, very low, people looked to bond funds … Read more

Why mortgage interest rates are so damn high

Why mortgage interest rates are so damn high

It makes sense that mortgage interest rates have increased. But that much? It requires an explanation. Freddie Mac’s weekly average 30-year fixed mortgage rate is up 7% for the first time in two decades, up just 4 percentage points from the end of last year. By contrast, benchmark 10-year US government bonds have risen around … Read more

Chinese property bonds hit record lows as investors lose faith

Chinese property bonds hit record lows as investors lose faith

HONG KONG—The bottom has fallen out of the market for bonds from Chinese property developers. Dollar bond prices of property companies in China have fallen to new lows, with some trading below 10 cents on the dollar. It reflects a loss of investor confidence in the sector, after a series of bond defaults shortchanged international … Read more

Chinese property bonds hit record lows as investors lose faith

Chinese property bonds hit record lows as investors lose faith

HONG KONG—The bottom has fallen out of the market for bonds from Chinese property developers. Dollar bond prices of property companies in China have fallen to new lows, with some trading below 10 cents on the dollar. It reflects a loss of investor confidence in the sector, after a series of bond defaults shortchanged international … Read more

Credit Suisse approaches sale of Securitized-Products Group

Credit Suisse approaches sale of Securitized-Products Group

Credit Suisse CS -1.03% Group AG is nearing a deal to sell its securitized products group to heavyweight investor Apollo Global Management Inc. APO -0.31% and Pacific Investment Management Co. as part of a retreat from Wall Street, people familiar with the matter said. The Swiss bank is set to provide details of the sale … Read more

Credit Suisse approaches sale of Securitized-Products Group

Credit Suisse approaches sale of Securitized-Products Group

Credit Suisse is set to provide details of the sale and other measures for a planned strategy change on Thursday. Photo: Stefan Wermuth/Bloomberg News Credit Suisse CS -1.03% Group AG is nearing a deal to sell its securitized products group to heavyweight investor Apollo Global Management Inc. APO -0.31% and Pacific Investment Management Co. as … Read more

Skyrocketing interest rates are pushing Asia’s junk bond issuers to seek financing elsewhere

Skyrocketing interest rates are pushing Asia’s junk bond issuers to seek financing elsewhere

Rising US interest rates and the rising dollar are creating problems for riskier companies in Asia, which had flocked to the US dollar-denominated bond market when interest rates were much lower. The average yield on an ICE BofA index of Asian high-yield dollar bonds is about 19.8%, near the highest in more than a decade. … Read more

Stock market sell-off could spell another 20% drop for S&P 500, says Wall Street veteran

Stock market sell-off could spell another 20% drop for S&P 500, says Wall Street veteran

““I generally believe that interest rates will continue to go higher and inflation will not fall as much as expected.”“ — Thomas Peterffy, chairman and founder of Interactive Brokers Thomas Peterffy, chairman and founder of Interactive Brokers Group Inc. IBKR, +5.94%, believes the S&P 500 could fall nearly 20% from Wednesday’s levels to bottom around … Read more

In China’s real estate sector, there is nowhere to hide

In China’s real estate sector, there is nowhere to hide

China on Monday suddenly delayed the release of its economic data – including September home sales – which had been scheduled for this week. But there’s little doubt that the real estate market is still in dismal shape and unlikely to improve without more decisive help from Beijing. While real estate developer defaults in China … Read more