Daily Credit Wrap: INVESTMENT GRADE: Sentiment was generally firmer across Asian credit yesterday. IG spreads were about unchanged. We did hear of some profit-taking in outperforming BBB names, but it was easily absorbed… Continue reading
Continued rumblings in the China growth story as FDI falls 17% and borrowings continue to soar with Beijing becoming the 8th region to issue their own local government bonds for CNY 10.5 billion… Continue reading
I keep hearing echoes of that China qualifier in most regional outlooks these days. Anything economic forecast, stick in a China qualifier. SINGAPORE: A sharp slowdown in the Chinese economy will have a… Continue reading