New regulations governing fund ratings will help, but there are other ways to navigate the confusion
Yield on two-year Treasury falls below 10-year counterpart as inversion in closely watched indicator ends
Lenders including US hedge fund Elliott in talks over back-up plan as UK’s largest utility struggles to raise equity
Companies can expect higher borrowing costs as investors demand larger premium
Investors and rating agencies expect Beijing to provide support rather than let senior bonds be written down
Deferred tax assets may hobble their ability to return capital to shareholders
Also in today’s newsletter, debate over whether defence stocks should count as a sustainable investment
Part of the problem is that investors on the continent just aren’t interested in small deals
Groups managing more than $13tn cite ‘economic imperative’ of finding ways to reduce superbugs’ spread
Don’t all click at once
As an artificial lake on the Iberian peninsula attracts more businesses, it has become a victim of its own success
East London landlord needs to refinance £350mn bond amid a difficult backdrop
Sector’s shares have soared and asset managers in debate on whether investing in it can be seen as sustainable
Experts warn of ties between Big Tech and philanthropic bodies with groups that set corporate climate standards
Gap between gilt and Treasury yields rises to highest level in nearly a year
The likelihood of a divided government means climate policies would require bipartisan support
We are entering a new regime where bonds offer greater value than equities
Support on votes has been dwindling among big money managers after reaching record levels just a few years ago
Seeing multiple shocks as usual could end in disaster
Credit rating agency flags ‘intensified pressures’ on island nation’s currency reserves
Traders speculate the People’s Bank of China will step in to manage sovereign debt yields
Does a not-very-new paper vindicate the ex-PM?
Demand for specialised sustainable credit products has risen sharply but there is no agreed definition
President Zelenskyy has negotiated one of the fastest and biggest sovereign debt workouts in modern history
People close to Chinese central bank highlight impact of plans to issue almost $400bn more this year