Bond Blogger's Credit Wrap

Home
Archive
About

April 2023

28 April 2023 Global Credit Wrap
Issuance ticking along in HY/IG, Bank results were ok, FRC problem lingers, Insurance debt redeemed, EUR RE APO/Vonovia transaction
 • 
Bond Blogger
2
14 April 2023 Global Credit Wrap
Better risk tone despite narratives/positioning. Sub Fins deals coming back, RE Credit seeing bit more two way, big Financials knock it out of the park…
 • 
Bond Blogger
31 March 2023 Global Credit Wrap
Fins bounce back, China consumption returning, Inflation measures falling, EM local strength, credit ratings upgrades, private credit loans to start…
 • 
Bond Blogger
3

March 2023

24 March 2023 - Global Credit Wrap
Financials heavy update this week including trading recap on AT1s...
 • 
Bond Blogger
9
17 March 2023 Global Credit Wrap
CS, all USTs below 4.0%, credit spread widening led by fins, lev loan defaults rising, illiquid markets causing pain.
 • 
Bond Blogger
10 March 2023 Global Credit Wrap
$SIVB, massive rally in front end UST, sentiment returns to "Extreme Fear", credit widening lead by US, corporate distress rising, eventful week in…
 • 
Bond Blogger
3
3 March 2023 Global Credit Wrap
Credit markets functioning ok despite rising rates and problems in certain areas of the market (EM Sovs, Real Estate, Subprime Auto Loans, Brazilian…
 • 
Bond Blogger

February 2023

24 Feb 2023 - Global Credit Wrap
2yr UST @ 4.8%, 10 and 30 yr near 4%, 3rd largest HY outflow on record, "other" funding markets seeing more activity, more distress in RE/Used car…
 • 
Bond Blogger
3
17 Feb 2023 Global Credit Wrap
Hawkish CBs, better data + sticky inflation pushing gov bond yields higher. Bumper IG flows + issuance. HY issuance slowed but new converts print. News…
 • 
Bond Blogger
10 February 2023 Global Credit Wrap
2 year UST now at 4.5%, more sticky inflation for nations and corporations, US HY bonds coming with 6s and 7s coupon handles, EM bond rally stalling…
 • 
Bond Blogger
3
© 2024 Bond Blogger
Privacy ∙ Terms ∙ Collection notice
Start WritingGet the app
Substack is the home for great culture