Scottish ‘vanity’ issuance project puts investors at risk from independence
The Scottish Government has confirmed plans to enter the bond market and issue £1.5bn of debt in 2026-2027.
Ben Ashby, chief investment officer at...
Ratings and Analysis: Is the life insurance the wobbly leg of finance?
US life insurer, Brighthouse Financial, was downgraded by ratings agency Fitch on Monday, following the announcement it was to be acquired by private investment...
I just dropped in to see what condition my credit was in…
Credit conditions are in the headlines following several private credit defaults, and the debt-fuelled, forward investment in data centres which are expected to underpin...
Issuance tracking down in lower rated debt
Issuance of lower rated bonds and leveraged loans across Europe and the US fell in October, according to analysis by investment bank Morgan Stanley,...
Bid-ask spreads expanding in European credit
European credit traders have seen bid-ask spreads expand over the past two weeks, however this follows a notable tightening since summer, according to data...
Analysing concern around Japan’s government bond issuance and interdealer inefficiency
The appointment of Liberal Democratic Party (LDP) leader Sanae Takaichi as the country’s first female prime minister has drawn comparisons with two of the...
The de-dollarisation debate
Investors see their short duration positions getting longer this year, with a shift to EM debt, and a multi-decade case for de-dollarisation, attendees at...
FCA estimates revenue from UK consolidated tape to be £4 million over five years
Attendees at the Fixed Income Leaders Summit in Amsterdam were told to get ready for the arrival of the consolidated tape in Europe, with...
Strategically automate and allocate to survive
There is a lot to be afraid of in the modern world. Geopolitical shocks, inflation and black swans abound, and the old ways do...
Fund managers report more certainty in EM than in developed markets
The key takeaway from the first plenary session at the Fixed Income Leaders Summit in Amsterdam was clear; in 2026, uncertainty has become a...
