(Bloomberg) — Dollar bonds from some of the world’s weakest economies have emerged as the bright spot in what’s otherwise been yet another lackluster year for emerging-market assets. Most Read from Bloomberg While many emerging assets are ending the year with gains, their returns pale in comparison with those on Wall Street. Among currencies tracked … Read more
A deal backed by United Airlines to finance upgrades at Houston’s George Bush Intercontinental Airport was one of many billion-dollar-plus deals in Texas in 2024.Houston Airport System In for municipal bond issuance, Texas set a record of its own. Issuers in Texas sold $67.88 billion of bonds in 2024, according to LSEG data, up 15% … Read more
What’s going on here? In the final trading session of 2024, Indian government bond yields dipped, with the benchmark 10-year yield closing at 6.7597%. Meanwhile, US Treasury yields climbed, spurred by revised Fed rate cut expectations for next year. What does this mean? India’s 10-year bond yield saw a significant drop of 42 basis points … Read more
San Francisco’s “tepid” recovery post-pandemic is pressuring its bond ratings.Bloomberg News San Francisco received its third ratings hit ahead of plans to issue $552.5 million of general obligation bonds Jan. 9 in a competitive sale. Fitch Ratings revised its outlook on the city to negative from stable on Thursday, citing its financial woes, but affirmed … Read more
What will your day look like in terms of health, romance, finance and fortune? Read everything here. Taurus Money Horoscope Today Progress in career and business will be achieved through discipline and compliance. Income will be average. Circumstances may be challenging. Taurus Career Horoscope Today Stay alert to adversaries. Focus on systems and structures. Work … Read more
The new year is likely to offer little respite for troubled Chinese property developers amid lingering concerns about debt maturity, with market leaders like China Vanke and Country Garden Holdings facing repayment and restructuring deadlines. More than 700 billion yuan (US$5.1 billion) of property bonds are due for repayment in 2025, versus 770 billion yuan … Read more
What’s going on here? Indian government bond yields are expected to drop in the final trading session of 2024, driven by year-end buying and a decline in US yields. What does this mean? As the year ends, investors are flocking to Indian bonds, drawn by a softening in US yields as funds move away from … Read more
Luke Finlay and Jaxon Smartnick may have been born about a quarter of a century apart, but they’re brothers nonetheless. “He’s like the little brother I always wished I had,” Finlay, 32, of Hempfield said of the 8-year-old Greensburg boy he’s mentoring through Greensburg-based Big Brothers Big Sisters of the Laurel Region. The pair’s special … Read more
LONDON – Propifi Bonds plc, an issuer of secured notes, has successfully completed the latest round of interest payments to its noteholders on December 31, 2024. The payments were made under the company’s £5 billion medium-term note programme and included several series of notes denominated in GBP, USD, and EUR, all listed on the Frankfurt … Read more
What’s going on here? Indian government bond yields fell on the last trading day of 2024, influenced by a shift in US Treasury yields. What does this mean? The benchmark 10-year yield for Indian bonds dipped to 6.7611%, just below its previous close of 6.7731%. This move nudges the yield closer to the crucial 6.75% … Read more