Treasuries trim Iran war losses on week as oil retreats
Through May 27, the Bloomberg Treasury Index gained 0.7% on the week, on course for its best weekly performance since Feb. 27, the day before the war started.
Investments
Regular CLO issuers have stepped back from the market
New CLO entrants surge this year, especially in Europe where the arbitrage is attractive.
By
John Hintze
George Barbar joins fixed-income distributor InspereX
The hire comes in the wake of InspereX's announcement that it will acquire Financial Northeastern Securities and reflects InspereX's ongoing investment in expanding its distribution capabilities.
Treasuries resume decline as U.S. strikes on Iran drive oil higher
US 10-year yields are poised to snap their longest streak of declines in six months, advancing one basis point to 4.49% due to waning optimism that a peace deal may soon be reached to the end the war between the US and Iran.
Treasuries rise as oil prices drop on signs of US-Iran accord
The 30-year bond's yield, which has closed above 5% every day since May 12, approached 4.98% at one point.
US bonds gain in catch-up trade as Trump sees Iran progress
On Monday, Trump said talks with Tehran on an interim deal to extend the ceasefire and reopen the Strait of Hormuz were "proceeding nicely."
Bond traders bet Fed under Warsh will hike rates this year
The shift gathered pace at the most recent policy meeting in April, when three voters on the Federal Open Market Committee voted against the decision to hold rates steady.
Evercore sees once-niche fund-stake debt surging to $30 billion
The market for so-called collateralized fund obligations could top $30 billion of new volume this year, up 50% from last year.
U.S. 30-year yield hits highest since 2007 on inflation angst
The 30-year rate increased six basis points to 5.18% on Tuesday, a level last seen on the brink of the global financial crisis in 2007, rising alongside US government yields across maturities.
U.S. CLO volume dipped in April, again, says Fitch
Also, spreads on broadly syndicated loan and middle-market CLOs widened for the second month.
Infrastructure CLOs gain ground
Demands for new data centers account for the surge in financing, while offering portfolio diversity.
By
John Hintze
Bond selloff stalls on report of progress in U.S.-Iran talks
Yields dipped as much as three basis points Monday after Iran's semi-official Tasnim reported that Washington proposed a temporary waiver on Iran oil sanctions.
Yardeni stays calm, not ‘freaked out,’ as Treasury yields surge
The yield on the 10-year has eclipsed 4.48% this year, while the 30-year bond yield surpassed 5.03% on May 4. representing more than 50 and 40 bps jumps, respectively.
Bond traders brace for inflation data as Fed’s Powell era ends
Treasury two-year yields rose four basis points to 3.93% as oil climbed after the US and Iran rejected proposals aimed at ending the conflict.
Fed data suggest Japan sold U.S. debt amid intervention
Any decline in Japan's Treasury stockpile may put further upward pressure on U.S. yields, which are already being driven higher by surging oil prices and concern the Iran war will widen America's fiscal deficit.
Iran conflict sours real estate investor sentiment to 3-year low
The percentage of investors who view the market as better than it was a year ago fell to 36% from 45% in the winter, according to a spring survey.
U.S. punts on debt auctions, signaling no changes into 2027
The Treasury anticipates keeping nominal note and bond sale sizes unchanged "for at least the next several quarters," the department said on Wednesday.
Iran war fears push Angel Oak REIT to Q1 loss
Economic uncertainty weighed on risk appetite, but the current performance of the non-QM market is "durable," Angel Oak leaders said in an earnings call.
Citi’s Bhatia warns of private credit ‘tourists’ forced to sell
Concerns about the fast-growing $1.8 trillion private debt market have bubbled up this year as redemption requests from retail funds accelerated.
U.S. 30-year yield hits 5% as oil surge fuels bets on a Fed hike
Interest-rate swaps showed traders have priced in about a 70% chance of a Fed rate hike by April 2027. That marked a sea-change from before the Iran conflict.
Load More
Couldn’t load more articles. Try again.