Sovereign bonds: playing the long game

The bank of England, City of London.

Lengthy debt profiles do not automatically equal lower risk

Bank debt holders face rising risks

Losses loom for investors in unsecured senior bonds

Why summer storms loom for investors

Pressure on EMs, concerns on China and US rate make explosive package

Blackstone returns to CMBS loan market

Deal with Goldman highlights rising role in European real estate

GIC expects a decade of low returns

Singapore fund reports best performance since 2005

Richard Woolnough

Investors pull £2.7bn from M&G fund

Cautious positioning hurts performance at leading UK retail fund

Liquidity worries reach US Treasuries

Bond funds face spike in redemptions as rates increase

‘World currency means never saying sorry’

Escape from dollar zone requires Beijing to open up markets, writes James Kynge

Dim sum bond market appeal cools

Onshore and offshore likely to meld over time

State of the renminbi

China’s currency has come a long way in the past decade

BAML new bond indices exclude EM issuers

Downgrades of Brazilian and Russian companies alarm investors

Lew warns of Puerto Rico debt risks to US

Treasury secretary urges Congress to amend bankruptcy laws

Japan’s banks top cross-border lending

Low interest rates help groups surpass UK rivals

Factors behind China’s investment rout

Chain reaction creates weakness in emerging market assets

Investors boost clearing of credit swaps

ICE says $5bn of trades so far this year overtake the $4.4bn for all of 2014

Emerging currencies feel pain of global stress

China, commodity prices and dollar lead to falls

Short sales of eurozone bond ETFs surges

First time such weekly activity has risen €500m level

Puerto Rico bondholders present debt plan

Improving tax collection could help avoid default, says report

Markets priced for imperfection

Easing of secular stagnation would threaten popular trades

Junk bond yields for miners shoot higher

Collapse in commodity prices seen challenging business models of mining groups with high debt