(Between $ 11 trillion and $ 13 trillion worth of
global sovereign debt currently carries a negative yield.)
Furthermore... It Is Their Only Legitimate Medium Term Option... As
Global Sovereign Debt Stacks Have Already Grown Above The Levels That Can Be Sustained By Even The Most Optimistic Economic Growth Forecasts.
Our emerging markets unit includes the sales and trading of
global sovereign debt, non-US corporate debt and local currency debt.
Not exact matches
If all goes well in the European Union, sensible monetary and fiscal policies should eventually reduce
global anxieties related to the stability of
sovereign debt among certain EU nations.
Sovereign debt crises tend to be messy and drawn - out — as Greece has shown — because the world lacks a
global bankruptcy process to restructure
debts that governments can't pay.
While these countries are major contributors to
global GDP, the best investment opportunities may be in local market
debt in Mexico, Poland and Indonesia, and in
sovereign credit in Ukraine and Argentina.
Included in the EMBI
Global are U.S. - dollar - denominated Brady bonds, Eurobonds, traded loans, and local - market
debt instruments issued by
sovereign and quasi-
sovereign entities.
That They Will Eventually Release Most Of Their QE'ed
Sovereign Debt From Their Balance Sheets [as
global inflation emerges] Into The Market... Mostly Via Non-Reinvestment At Maturity.
The PBO identified four key downside risks to the private sector forecast:
global growth, especially in the U.S. could be slower than anticipated; the appreciation of the Canadian dollar could adversely affect exports;
sovereign debt issues in Europe could restrain recovery there and put upward pressure on
global interest rates; and the high level of household
debt in Canada could restrain domestic demand.
Global monetary policy remains broadly accommodative — and in some areas more and more so — propelling equity markets ever higher and leaving a record amount of
sovereign debt around the world (almost US$ 12 trillion by midyear) yielding at or below zero (source: Fitch Ratings, as of 6/29/2016).
While both the Oakmark International and International Small Cap Funds had acceptable investment performance in the fourth quarter of 2011, the full year was not good for
global equities or for our two Funds, as natural disasters (first in Japan, later in Thailand) and Europe's
sovereign debt crisis took their toll.
«Before Brexit, there was Grexit and the European
sovereign debt crisis, Scotland's independence referendum, and the U.S. legislative gridlock over its
debt ceiling in 2011, which threatened to, out of whole cloth, create a default in the
global benchmark risk - free asset,» Zezas adds.
Before Brexit, there was Grexit and the European
sovereign debt crisis, Scotland's independence referendum, and the U.S. legislative gridlock over its
debt ceiling in 2011, which threatened to, out of whole cloth, create a default in the
global benchmark risk - free asset.
The Fund seeks to maximize total return by investing in a diversified, risk - balanced
global market portfolio with exposure to
global equities,
sovereign debt, inflation - protected securities and commodities.
What makes this all the more toxic is that European domestic banks and other financial institutions are encouraged to keep the charade going because
global banking regulation makes the
SOVEREIGN DEBT A ZERO RISK WEIGHTING.
The European economy at large had been moving forward in the wake of the 2007 --- 2009
global financial crisis and subsequent
sovereign debt crisis,...
Existing prediction systems failed to forecast the
global crash of 2008, which led to several governments bailing out their banks and European nations, such as Greece, Portugal, Ireland and Spain, being plunged into a
sovereign debt crisis.
A rise in the
global lending rate increases the cost of servicing
debt and magnifies the risk of
sovereign defaults in general.»
Triggered by the known «United States housing bubble», the 2007 - 2008 financial crisis soon led to the 2008 — 2012
global recession and subsequently affected Eurozone by contributing to its
sovereign -
debt (Baily and Elliot, 2009 & Lin and Treichel, 2012) Although the crisis that the EU faces has been mainly correlated with Greece, the truth is that it has also dramatically shaken many countries of the Southern Europe.
The
global auto industry breathed a sigh of relief in September when the president of the European Central Bank acknowledged the region's
sovereign debt crisis was critical and the bank was prepared to start a bond - buying program that would provide a «fully effective backstop» for the struggling euro.
In the wake of the Great Recession starting in 2007 and the ensuing
global financial crisis, as well as European
sovereign debt crisis, the FOMC maintained a record low target interest rate of 0 % to 0.25 % in order to encourage growth.
Under J.R.'s management, S&P Dow Jones Indices has launched a
global suite of fixed income indices, which includes a focus on transparency for municipal, corporate, and high - yield bonds, senior loans, and
sovereign debt.
The
global financial markets have paid some of the consequences of defaulted
sovereign debt.
Our
global / international active fixed income strategies take advantage not only of
sovereign debt, but the increasingly robust
global corporate bond market, utilizing our expertise in corporate bond analysis.
A broad ensemble of
global income investments, the Fund seeks value opportunities across both traditional investment - grade and high - yield bond sectors and nontraditional asset classes, including convertibles, preferred stocks, non-U.S.
sovereign and corporate
debt and floating - rate loans.
At the same time, there is an increased risk that
sovereign debt concerns in several countries could trigger renewed strains in
global financial markets.
The S&P
Global Developed Aggregate Ex-Collateralized Bond Index (USD), which seeks to track the performance of investment - grade
debt issued by
sovereign, quasi-
sovereign, foreign government, and corporate entities in developed countries, delivered a total return of 7.64 % in 2017.
Stocks Getting a Boost as Speculators Await Greek Resolution
Global equity markets are up sharply after reports that the Greek
sovereign debt problems will be resolved shortly.
These sectors are U.S. Treasurys,
global treasurys ex-U.S., U.S. investment - grade corporate bonds, U.S. mortgage - backed securities, U.S. high - yield corporate bonds and emerging market
sovereign debt.
Though current economic trends and other
global events (e.g., the European
sovereign debt crisis) may not change for the better over the short term, the performance of the markets may.
These firms, the Carlyle Group, Apollo
Global Management and Oaktree Capital Management among them, have been raising billions of dollars during Europe's
sovereign debt crisis to buy loan portfolios, corporate bonds and other holdings from troubled financial institutions on the Continent.
With more than $ 40 trillion of
sovereign debt in
global markets at any given time, the imperative of understanding the effects of resource trends on nations» economic health and creditworthiness has risen up the agenda.
If the rest of the world ever came to believe what you think is your sophisticated analysis of
sovereign debt, the
global economy would come to a screeching halt.
We also advise clients on the full range of equity and
debt securities transactions, including eurobond offerings by corporations and
sovereigns, medium - term note programs, high - yield
debt offerings, convertible and exchangeable bond offerings, initial public offerings (IPOs),
global depositary receipt (GDR) and American depositary receipt (ADR) programs, and offerings of Sukuk (Islamic bonds).
The deepening
sovereign debt crisis sweeping across Europe is forcing retailers and investors to rethink
global expansion strategies...
Since mid-April, fears of a European
sovereign debt crisis have sent another round of shockwaves through the
global financial system.
* On an overall basis, the report states that while «
global tail risks have diminished (meaning the risk of a systemic shock to the
global financial system that could be caused by an event like a
sovereign debt default), the
global outlook is slightly weaker than projected in October».