US bond sell-off squeezes swaps trade

Dislocation occurs between Treasuries and interest rate swaps

Investors eye record Dell debt offering

PC maker expected to sell up to $15bn in junk bonds

Debt cost rise is challenge for Africa

Development projects reconsidered as finance is harder to access

Bond predators humbled by distressed bets

Hedge funds lose 4.2% in year to date on debt bets

An aerial view of Canary Wharf business district in London
©Matthew Lloyd/Bloomberg

Europe needs homegrown bulge bracket banks

Formidable competition from US institutions demands a response, writes Frédéric Oudéa

UN to aid refugee hosts via bond markets

Move to help Middle East countries hosting those fleeing conflict

Economic outlook

Data eagerly awaited by those looking for Fed rate rise clues

Gross suit throws up battle of bonus pool

Central question of complaint asks how much is a star bond investor worth

Chart: On a roll (US Barclays Aggregate bond vields v Fed Funds target rate)

Central bank policy divergence to widen

As Fed prepares for lift-off the ECB may yet extend QE

Leveraged loan issuance set to climb

Volatile markets curtail bond sales for indebted groups, says S&P

Fed rate mystery keeps dollar fears alive

A stronger greenback has the potential to batter EMs

Treasury risk rises as debt ceiling looms

US bond markets prepare for potential congressional showdown

Bundling of risky UK mortgages booms

New generation of lenders fill the void

Eurozone high yield debt outperforms US

Defaults more likely in US junk market among energy issues

Defensive strategy can be a risky one

Investors playing it safe could fall victim to overcrowded trade

European investors eye exit from EMs

Sentiment sours among professional fund selectors

Amundi chief keen on global expansion

Fan of Manchester United business strategy sets goal of expansion in Asia

Hedge fund pressures Peru on old debt

‘Agrarian Reform Bonds’ back in focus as US firm seeks payment

Beware of the liquidity delusion

Conventional wisdom has not had a great run — it should be questioned

Treasury auction sees US join 0% club

Auction of $21bn of zero-yielding 3-month bills follows similar moves by Japan and swaths of Europe