Puerto Rico avoids defaulting on debt

The Flag Of Puerto Rico ID 6056307 © Ramunas Bruzas | Dreamstime.com The flag of Puerto Rico in the old city of San Juan.

Principal and interest payments due on certain notes paid

Central banks forge the path for markets

Further divergence in Fed and ECB policy will influence prices

US credit tightens ahead of Fed shift

Signs of impending downward spiral appear even before policy move

Dollar bulls usher in pivotal policy week

Expectation of further easing at ECB meeting and of Fed rate rise

Global defaults climb to 6-year peak

Investors reassess exposure to companies that borrowed heavily

Surge in securities lending poses risks

Banks use ultra-safe bonds as compliance shortcut

Panda bonds triumph over dim sum debt

Liberalisation and low yields enhance attraction of China’s onshore debt markets

Markets dairy

Week features an ECB meeting, Opec gathering and US jobs report

Economic outlook

In the US all eyes will be on the non-farm payroll release

Creditors reject Hypo Alpe Adria settlement

Cash-strapped government of Carinthia offers bondholders €1.2bn

ECB ponders economic stimulus options

Central bank eyes raising QE and rate cut

Swiss pension funds push into mortgages

Schemes try to counter strong franc and negative bond yields

Stocks shrug off Shanghai tumble

Gold at lowest level since 2010 as dollar firms

Policy moves trump geopolitical risk

Financial markets barely blinked as Russia and Turkey tangled

Bond investors jolted by tighter credit

Spain’s Abengoa joins lengthening list of troubled companies

Investors hold breath over subprime reboot

Traders look on as bottom end of securitisation market restarts

UK waits for debut of new muni bonds

First bond, expected to be sold in April, has failed to materialise

Europe firm as US holiday thins markets

Metals rally off lows helping miners

Loan-backed security sales slow

Investors wary ahead of likely Fed rate rise and rising defaults

Private debt faces credit ruction test

Risk of lending standards falling as investors rush in