Edition:
United Kingdom

Kate Duguid

Financing hunt during pandemic lifts May U.S. convertible debt issuance to record

02 Jun 2020

NEW YORK U.S. issuance of convertible bonds in May hit a record high of $20.7 billion, according to Bank of America data, as companies struggling with the impact of the coronavirus pandemic ventured into the one-time niche market seeking cheaper and easier ways to borrow cash.

Speculators increase short dollar bets, CFTC data, Reuters calculations show

29 May 2020

NEW YORK Speculators' net bearish bets on the U.S. dollar increased in the latest week, according to calculations by Reuters and U.S. Commodity Futures Trading Commission data released on Friday.

Erste Anleihen aus Corona-Zeit kommen in Schwierigkeiten

26 May 2020

New York Ermutigt von den Kaufprogrammen der US-Notenbank Fed haben einige stark von der Coronavirus-Pandemie getroffene Unternehmen ihr Heil an den Finanzmärkten gesucht.

TREASURIES-Yields fall as Hong Kong tension drives investors to safety

22 May 2020

NEW YORK, May 22 Longer-dated U.S. Treasury yields fell on Friday, as risk sentiment turned sour after Beijing proposed imposing a new security law on Hong Kong, exacerbating China's strained relationship with the United States.

COVID-era junk bond deals begin to go sour

21 May 2020

NEW YORK Companies hard-hit by the pandemic rushed to raise debt last month, encouraged by the Federal Reserve's intervention to support the credit market. But for some of the riskier names, those bond offerings have quickly curdled.

Dollar notches small weekly gain after weak U.S. data

15 May 2020

NEW YORK The U.S. dollar rose on Friday to notch a 0.66% weekly gain as the threat of a second wave of coronavirus infections rattled investors as did a slew of bleak U.S. economic data.

FOREX-Dollar up, set for 0.5% weekly gain on fear of nagging economic slump

15 May 2020

NEW YORK, May 15 The U.S. dollar was rose on Friday and was set for a small weekly gain as the threat of a second wave of coronavirus infections rattled investors as did a slew of bleak U.S. economic data.

Fed's credit operation launched, but job already done

14 May 2020

NEW YORK The Federal Reserve's pledged support for exchange-traded funds may not end up costing the central bank much, but will still have the desired effect of keeping the credit market afloat.

Dollar hits 3-week high, shrugging off grim U.S. data

14 May 2020

NEW YORK The dollar rose to a three-week high on Thursday as traders overlooked another week of roughly 3 million new jobless claims, evidence of a second wave of coronavirus-related lay-offs.

ANALYSIS-Fed's credit operation launched, but job already done

14 May 2020

NEW YORK, May 14 The Federal Reserve's pledged support for exchange-traded funds may not end up costing the central bank much, but will still have the desired effect of keeping the credit market afloat.

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