CHICAGO - Financial uncertainties swirling around Illinois and Chicago may not deter bond buyers when the two fiscally shaky governments sell more than $1.1 billion of debt this week.
“We believe that if going to pick a time to come to market, now is a pretty good time to be coming,” said Dan Heckman, national investment consultant at U.S. Bank. “My gut tells me these deals are going to get done and done at a level that is pretty attractive for Illinois and the city of Chicago and over a longer period of time will likely prove unattractive for investors,” said Nicholos Venditti, a portfolio manager at Thornburg Investment Management.
“That is a significant risk,” Venditti said, adding that the situation is even “scarier” in Chicago, which already has a junk rating with Moody’s Investors Service, along with ratings of BBB-plus with S&P Global Ratings and BBB-minus with Fitch Ratings.
Nice shot of Downtown
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Stocks tumble as bond market flashes possible recession signalStocks are in retreat Friday, as a key measure of the U.S. yield curve inverted and a downbeat round of European data underlined worries about global growth... VIX surges, but the move in VIX futures is getting rather 'panicky'. Bich im out here trying to make money. Why are you mentioning the R word?
La source: MarketWatch - 🏆 3. / 97 Lire la suite »
The Bond Market’s Blind Faith in a Do-Nothing FedInvestors are becoming too complacent, ignoring the possibilities of accelerating inflation or a sharp economic slowdown at their peril, columnist James Mackintosh writes. The bubble will soon burst. And if the Fed is correct that 2019 growth is 2.1% and 2020 is 2.0 or 1.9% - will investors still be bullish as debt skyrockets?
La source: WSJ - 🏆 98. / 63 Lire la suite »
Stocks log worst day in over 2 ½ months as bond market flashes recession warningU.S. stocks close sharply lower Friday, with all major indexes logging their worst day in nearly three months, after a downbeat round of economic data in...
La source: MarketWatch - 🏆 3. / 97 Lire la suite »
Global stocks tumble as bond markets sound U.S. recession warningInvestors ditched shares on Monday and fled to the safety of bonds while the Jap... How convenient. Days after the mueller report completely exonerates Trump this happens. Looks like another cohencidence.
La source: Reuters - 🏆 2. / 97 Lire la suite »
China’s Huge Bond Market Is Coming to an ETF Near You SoonChina is becoming harder for investors to ignore and may soon be home to the world’s second-largest bond market.
La source: WSJ - 🏆 98. / 63 Lire la suite »
Gold bull sees near-term weakness because the market is 'prematurely pricing in a rate cut'Gold will rally once Wall Street realizes no rate cut is coming, precious metals expert Suki Cooper predicts Please! I hope so Gold is stupid. I totally Disagree with Suki here... If she thinks the Euro would pick up in the second half of this year, that would mean a rally in the stock markets... likely to be led by the US... But if the US is leading the rally here, how weak would the Dollar be? Her forecast of...
La source: CNBC - 🏆 12. / 72 Lire la suite »
Market sees nearly 50% chance of a Fed rate cut by the end of January 2020The fed funds futures market is assigning a 48.9 percent probability of at least one rate cut by Jan. 29. Trying to avert a realDonaldTrump economic collapse. They don't call US Stock Market a 'Tulip Mania BUBBLE'. It is a free money ATM. Well said, hope to see more posts like that, highly recommend to check our friends, they working on delivereing tweets from all major coins at lightning speed instacryptonews
La source: CNBC - 🏆 12. / 72 Lire la suite »