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    Harriet Clarfelt

    US capital markets correspondent

    Harriet Clarfelt is a capital markets correspondent for the Financial Times in New York, where she covers corporate debt. She previously held the role of deputy markets news editor in London. Harriet joined the FT from Investors' Chronicle, where she was news editor and a companies reporter. Before becoming a journalist, Harriet worked for an asset management firm. She graduated from Oxford University.
    Email Harriet Clarfelt @HClarfelt  on Twitter (link opens in a new browser window)

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    • Saturday, 18 March, 2023
      Credit Suisse Group AG
      Cost of insuring Credit Suisse debt dwarfs that of other banks

      The price of Swiss lender’s credit default swaps climbs to record high this week

    • Thursday, 16 March, 2023
      Fund management
      Cash pours into US money market funds as investors flee bank turmoil

      Net inflows of $120bn for the week are highest since 2020 amid ‘of a lot of angst’

    • Thursday, 16 March, 2023
      Credit Suisse Group AG
      Credit Suisse bonds sink further into distress

      Swiss lender’s offer to buy back SFr3bn of debt fails to steady prices

    • Tuesday, 14 March, 2023
      Equities
      US bank shares rebound after rout sparked by SVB failure

      First Republic and other regional lenders lead rally on Wall Street as US inflation slows

    • Monday, 6 March, 2023
      Corporate bonds
      Fear of ratings downgrades puts companies off debt-driven deals

      Higher borrowing costs have increased the cost of losing prized investment grade status

    • Tuesday, 28 February, 2023
      Equities
      Wall St closes out shaky February on a downbeat note

      Treasury bonds end the day broadly steady but yield curve reaches most inverted level since 1981

    • Tuesday, 28 February, 2023
      Libor transition
      Over $1tn of risky US loans still shackled to Libor as deadline looms

      Borrowers and lenders in $1.4tn leveraged loan market scrap over fine print of replacing scandal-hit benchmark

    • Sunday, 26 February, 2023
      Sovereign bonds
      Record-breaking global bond rally crumbles as fresh inflation fears grip investors

      Fixed income markets reverse gains since start of year in ‘reality check’ over path of interest rates

    • Sunday, 19 February, 2023
      Corporate bonds
      Investors pour record sums into high-grade corporate bonds

      Higher yields and worries about riskier debt fuel stampede into investment-grade market

    • Thursday, 16 February, 2023
      Equities
      Wall Street stocks fall on latest sign of persistent inflation

      Equities sink and US Treasury yields rise on fears the Fed may have to lift rates further

    • Tuesday, 14 February, 2023
      US inflation
      US inflation cools slightly in January

      Smaller fall in CPI than expected will increase concern over persistence of higher prices

    • Friday, 10 February, 2023
      ExplainerAdani Group
      Ports, pylons, cement: the best assets behind Adani’s debt pile

      Crisis-hit group’s sprawling infrastructure businesses pitched as a bet on India’s economic growth

    • Thursday, 9 February, 2023
      Equities
      US stocks slip as investors weigh earnings and jobless data

      Difference between two- and 10-year Treasury yields at widest margin in decades

    • Tuesday, 7 February, 2023
      Corporate bonds
      US junk bonds rally on economic ‘soft landing’ bets

      Spreads between yields on high risk companies’ debt and Treasuries are at their lowest for 10 months

    • Wednesday, 1 February, 2023
      Capital markets
      Debt woes mount for US healthcare sector as interest rates rise

      The industry is under pressure from increasing wages after loading up on leveraged loans

    • Tuesday, 31 January, 2023
      Corporate bonds
      Mexico’s Pemex issues $2bn bond with double-digit yield

      Issuance by heavily indebted state-owned oil company comes amid emerging market revival

    • Monday, 30 January, 2023
      Central banks
      Central banks set to lift rates to 15-year highs as investor jitters grow

      Concern that bond market rally underestimates growing evidence of persistent inflation

    • Friday, 27 January, 2023
      US economy
      Wall Street warns of riskiest US debt limit showdown since 2011

      JPMorgan and Goldman Sachs fear repeat of confrontation that resulted in downgrade of country’s credit rating

    • Tuesday, 24 January, 2023
      European equities
      Stock markets subdued as investors assess flurry of earnings

      New business activity surveys add to questions about economic outlook

    • Thursday, 19 January, 2023
      Equities
      US stocks fall as investors assess rate rise outlook

      Traders’ concern increases over effect on company profits of Fed’s aggressive monetary tightening

    • Sunday, 15 January, 2023
      Corporate bonds
      US companies turn to convertible bonds as equity fundraising stalls

      Market for assets that mix debt and equity is ‘seeing activity’ as valuations steady and economic data offer hope

    • Sunday, 15 January, 2023
      Corporate bonds
      Risky US corporate bonds rebound strongly as inflation threat recedes

      Rally in junk-rated debt drives yields down since start of 2023

    • Tuesday, 10 January, 2023
      Equities
      US stocks advance as investors await inflation data

      Most Fed officials predict fed funds rate to peak between 5% and 5.25% this year

    • Tuesday, 3 January, 2023
      Leveraged loans
      US junk loan investors brace for increase in downgrades and defaults

      Lower demand for risky corporate debt could threaten companies’ ability to refinance

    • Wednesday, 14 December, 2022
      Equities
      US stocks turn lower after Fed raises rates by half a percentage point

      Central bank decision comes after inflation rate shows signs of cooling

    Previous page You are on page 1 Next page

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