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Your guide to a disrupted world
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Debt sold at top of market by groups such as Peloton and Spotify is hit by rising rates and sinking equities
US asset manager Pimco navigates the end of the bond bull market
People are really freaking out about economic downturns now
Apollo and Blackstone are among participants in $750mn financing for connected fitness company
The California-based asset manager is trying to adapt to an era of rising interest rates and passive investing
Investors lured by yields at levels not seen since worst days of pandemic
Investors are reassessing the ability of high-yield issuers to withstand the strained economic outlook
Investors reassess high-yield corporate issuers as high prices and manufacturing problems take toll
Pressure mounts as traders crank up bets of ECB raising rates to curb inflation
Uptick in ‘hybrid’ financings comes as other investors shun riskier debt amid market volatility
The risks are hard to measure, until something breaks
Net inflows slide to $27bn in April from $117bn a month earlier
Discerning buyers now have a great opportunity in front of them
Federal Reserve’s rate rises and slowing growth drive more yields above 10%
With financing markets no longer lenient, any interim capital needs come with painful terms
Rare move pushes German property company deeper into crisis
Value of unsettled transactions has doubled since invasion of Ukraine in February and imposition of sanctions
Surging inflation stoked by the war in Ukraine has hurt the region’s corporate bonds
Iosco launches consultation aimed at tackling structural problems exposed in early phase of pandemic
It will take an evolution of fixed-income managers’ approach to make a difference to corporate behaviour
Deal comes after group warned of potential legal action against Chinese developer
Credit investors are still largely betting recession risk remains low
Flow of deals evaporates as investors take fright at volatility and US interest rate path
Plumbing that connects borrowers and investors jams up as lawyers scrutinise payment risks
Investors are requiring less compensation to buy the debt as executives eschew ‘drill baby drill’ mentality
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