“Now we are seeing signs that some companies have confidence they can get to the other side because they are issuing corporate bonds to pay down credit lines,” Hans Mikkelsen, head of U.S. investment grade credit strategy at Bank of America, wrote in a note.
Many corners of the credit markets are booming following a string of asset purchases by the Federal Reserve and direct lending schemes set up in conjunction with the Treasury Department.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
That truly is the American way..
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Buy these 'sustainable dividend' stocks for return in these uncertain times, JPMorgan saysJPMorgan screened for S&P 500 companies with a dividend yield above 1%, then ranked each company based on dividend quality, credit health, and fundamental trends. Pro If you put a dime in the stock market after the crap they've dealt us - you are a fool. Pro But companies could stop paying dividends because of uncertainty - I heard from a smart Investor & he said - stocks should not be purchased just for the sake of dividends
Source: CNBC - 🏆 12. / 72 Read more »
Lawsuit claims 10 big banks rigged market for 'odd-lot' U.S. corporate bondsTen of the world's largest banks, including JPMorgan Chase and Bank of America, have been sued for allegedly conspiring over nearly 14 years to rig prices in the $9.6 trillion U.S. corporate bond market, costing ordinary investors billions of dollars. No way! WHO warns : coronavirus PANDEMIC it's just a beginning !! Trust us, the worst is yet ahead of us...COVIDー19 Banks rigging the market? Never ever.
Source: Reuters - 🏆 2. / 97 Read more »