US Treasuries sold off led by the belly of the curve - FOMC the main focus today - Despite downgrades HY China property being sought after

Asia Sovereign’s were dominated by the frontier markets. Pakistan and Sri Lanka were marked down as political uncertainty escalated.

Month end rebalancing took Asia IG spreads up to 4bp tighter yesterday. There was some real money selling of India corporate 10yr benchmarks

There is an old saying in the stock market that you should be buying when they’re crying and selling when they’re yelling. The observation i

The moves in US Treasuries are central to sentiment currently. Fed's Bullard continues hawkish, wanting 300bps hike this year...

The squeeze continued in HY. Non-China HY space up by as much as 2pts, Macau Gaming up another 3pts. Some Non-China ..

While some indicators of financial stress appear more sanguine than in the aftermath of 1998 Russia default, there are some genuinely troubl

Oceanwide Holdings seeks to extend the tenor of CNY 6.8bn in loans from China Minsheng Bank and Fujian Yango fails to obtain noteholder app

China HY closed in positive territory for the most part, Times China Holdings, KWG Group and Roadking leading the charge. Agile, Yuzhou and

Markets slumped in Asia and Europe on Friday and thin volumes exaggerated market moves in New York, much of the activity appearing to be dri

Thanksgiving gave no respite to China HY property bonds, fast money was busy shorting the likes of Shimao Group. Real money provided support

The slump in lower quality China high yield property bonds continued yesterday, prices down as much as 4pts. Better quality names such as Gr