The amount of cash investors will receive from municipal bond payments in the next three months will be “significantly” less than February, according to CreditSights. The research firm estimates bondholders…
For the stronger entities, the risks may be further out. Governments will likely maintain support this year, as their own fiscal challenges make them more reliant on LGFVs for infrastructure…
Creditsights Global Head of Credit Strategy Winnie Cisar says high-yield debt has become “much more attractive” after Monday’s spike in market volatility. “We had been telling investors that 5% yield-to-worst…
A relaxation of presales restrictions “could be the biggest and arguably most important easing measure towards the property sector so far,” said CreditSights analyst Zerlina Zeng.
CreditSights’ Jesse Rosenthal and Peter Simon see an even bigger plunge: 35% to 45%. “The U.S. banks head into 2022 in solid fundamental shape and well-positioned to capitalize on a…
CreditSights Senior Credit Analyst Zerlina Zeng expects China to stick with its goal of deleveraging the property sector in the long run. She was speaking with Yvonne Man and David Ingles…
Winnie Cisar, Global Head of Strategy at CreditSights, says it would be a mistake for investors to assume the next phase of the credit cycle is going to look like…
“I’m very concerned about the long-term economic growth,” John Ceffalio said. “The shrinking population down there, especially the shrinking number of young people, does not bode well for the future….
“Of all the major banks, JPMorgan remains the most sensitive to regulatory-induced issuance pressures, as balance sheet growth results in higher exposure to leverage, which in turn results in issuance…
Pramod Shenoi, Head of APAC Financials Research at CreditSights, looks ahead to the big Chinese bank earnings. He speaks with David Ingles on “Bloomberg Markets: China Open”.