Market Update

     

 
   THE Monetary Authority of Singapore (MAS) has assembled a group of industry players to help the financial sector regulator develop a guide on the responsible and ethical use of artificial intelligence (AI) and data analytics by financial

THE Monetary Authority of Singapore (MAS) has assembled a group of industry players to help the financial sector regulator develop a guide on the responsible and ethical use of artificial intelligence (AI) and data analytics by financial institutions.

ASIA CREDIT CLOSE: Traders shrug off trade tariffs, bond supply fears

ASIA CREDIT CLOSE: Traders shrug off trade tariffs, bond supply fears

Chinese high-yield bonds were marginally weaker, but there was no sign of a sell-off in metals-related credits, despite growing rhetoric from the US about trade tariffs on steel and aluminium.

Asia's debt market: a story of progress

Asia's debt market: a story of progress

Back in 1994, when I first moved to Hong Kong, the debt capital markets in Asia excluding Japan were almost non-existent. The only way domestic issuers could raise financing was from the loan market, either domestically or offshore, or in the G3 currencies (US dollar, euro or Japanese yen) for the best of them. The few “bonds” were actually loan-style fixed-rated notes, syndicated primarily to banks.

Who will buy Singapore's $24b infrastructure bond issue?

Who will buy Singapore's $24b infrastructure bond issue?

Singapore is about to embark on a massive bond issuance program that will literally change the landscape. These new infrastructure bonds will be longer dated than traditional Singapore government bonds and will enable investors to lock in high quality paper for the long term.

Here’s where Credit Suisse sees the risk of a bear market for bonds

Here’s where Credit Suisse sees the risk of a bear market for bonds
  • A major trigger of last week's market sell-off was the steady but unrelenting climb in U.S. Treasury yields.
  • Credit Suisse's Global Head of Technical Analysis believes the surpassing of 3.05 percent on the 10-year U.S. Treasury yield could signal a bond bear market.
  • Many experts hold that no specific level necessarily means a bear market, and that judgement is subjective.