Fins bounce back, China consumption returning, Inflation measures falling, EM local strength, credit ratings upgrades, private credit loans to start trading?
Great write up as usual! I’m personally glad the ABS deals are going through especially the auto ones. Seems like a potential trade setup depending on Economic data that is released this quater. I’m curious if you have been keeping an eye on the Turkish Presidential election? It definitely seems like a big events for the EM bonds, especially Turkish bonds.
Thank you. Yea I think broad financing mkts have resumed after brief interruption. Turkey is on my radar but have to admit I've not followed as closely. Only thing I saw recently was the new issue plans by likes of Akbank which announced it is looking to issue new sub debt.
Super helpful as usual!
Great write up as usual! I’m personally glad the ABS deals are going through especially the auto ones. Seems like a potential trade setup depending on Economic data that is released this quater. I’m curious if you have been keeping an eye on the Turkish Presidential election? It definitely seems like a big events for the EM bonds, especially Turkish bonds.
Thank you. Yea I think broad financing mkts have resumed after brief interruption. Turkey is on my radar but have to admit I've not followed as closely. Only thing I saw recently was the new issue plans by likes of Akbank which announced it is looking to issue new sub debt.