©Daniel Mitchell

In this report

Market volatility continues to sow seeds of doubt in the minds of nervous investors

Fed creates atmosphere of uncertainty

Ben Bernanke, astronaut, Daniel Mitchell illustration for Debt Capital Markets special report
©Daniel Mitchell

Investors are waiting anxiously for the next market manoeuvre

Clinging on through low rates

Money market funds find their place in an uncertain world

space capsule with Yield on parachute. Daniel Mitchell illustration for Debt Capital Markets special report
©Daniel Mitchell

Europe’s junk issuance enjoys a bumper year

Investors are willing to accept greater risk if they receive strong returns

The US: Most likely destination of stimulus path is inflation

Fed’s caution on ‘tapering’ will push prices up

"Investor rocket". Daniel Mitchell illustration for Debt Capital Markets special report
©Daniel Mitchell

Global liquidity: Buyers struggle to find a safe landing

Banks’ withdrawal from trading leaves a mismatch in the bond market

Eurozone: ‘Balkanisation’ remains a serious concern for currency bloc

Banks are on the retreat, while interest rates vary widely

Ramin Toloui

Emerging markets: Volatility is part opportunity and part trap

Timing is the way to beat losses

an astronaut, beside an Apple logo with a bite on it. Daniel Mitchell illustration for Debt Capital Markets special report
©Daniel Mitchell

Corporate bonds: Appetite for paper grows

Verizon’s autumn rise follows Apple’s spring fall

ETFs: Tipped as liquidity source

Fixed-income exchange traded funds have expanded their assets to a record high

Effect of reforms yet to be seen

Trend to more electronic trading and tough new global regulation

2012

Drastic funding transfusions risk leaving banks hooked

The FT examines the fundamentals behind radical injections of finance by leading central banks

US quantitative easing: Twist keeps QE on back burner

Economic contagion or stagnation could spark action by the Federal Reserve, reports Michael Mackenzie

Bond market: How true is the mantra ‘governments bad, companies good’?

Critics point to risks in the latest favourite ‘safe havens’, writes Richard Milne

Eurozone: Cash injection is a ‘caffeine boost’

Cheap loans have turned sentiment, says David Oakley

Eurozone: Crisis dented investor appetite but now stars are ‘aligned for high yield’

European companies have sold almost €60bn of bonds so far this year, reports Robin Wigglesworth

Covered bonds: Rules shrink banks’ fundraising options

Investors are being directed towards asset-backed bonds, says Mary Watkins

China: Issuers develop a taste for dim sum market

Robert Cookson looks at a small but growing market

Wall Street: Inventory reductions ‘the death of trading’

Lower holdings by banks may increase the risk of bond market volatility, says Nicole Bullock

Japan: Samurai bonds maintain their strength

A low interest rate policy is a winning formula for all, says Ben McLannahan