The Puerto Rico problem is getting bigger

The island is setting a precedent for how to handle defaults of US municipal bonds, says John Dizard

Brazil flag

Brazil sees strong demand for bonds

Healthy order book for $1.5bn in US dollar debt with 5.875% yield

Fiscal stimulus would be a market shock

Any unified fiscal stimulus in developed economies has the potential to change investors’ mindsets

Investors favour EM bonds over Europe

Negative rates and political uncertainty dog continent’s asset classes

Solid demand for US inflation-linked bonds

Prospect of growth encourages purchase of $13bn of securities

Euro softer after ECB stands pat

Wall Street slips back from recent record high as bond yields nudge lower

Draghi backs bailout of Italian banks

Shares jump on hint of backstop as ECB keeps rates on hold

Investors dump Turkish stocks and bonds

Erdogan’s declaration of emergency rule hits market sentiment

Masala bond market takes on sceptics

Masala bond market seeks to overcome sceptics

ECB delivers punch with corporate buying

Portfolio of bonds purchased by ECB has outperformed wider market

Teva taps eurobonds for Allergan deal

Bond sale will help fund purchase of Allergan’s generics business

ECB faces QE dilemma after Brexit vote

Over half of German bonds ineligible as haven yields fall

Fallout of a Trump win needs exploring

If the Republican wins, turbulence may visit the hitherto stable market

Turkey bank pulls bond at last minute

Cancelled debt deal latest sign of country’s geopolitical volatility hitting financial markets

Asian outbound deals hit record $201.4bn

China leads way and Japanese tech group helps push up total

Teva finalises bond sale of $15bn

Debt offering proceeds will fund Allergan drug unit purchase

Bond ETF funds attract $73bn this year

Yield-hungry investors pushed by prospects of more monetary easing

European banks face fixable profit crisis

Investors need to reset expectations but also need reassurance

Brexit — Time to look through the noise

Martin Gilbert on market reaction to the EU vote; analysis on the wide implications of low yields

Fund managers rush into peer-to-peer loans

The robustness of this asset class is yet to be properly tested