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Continued from Part 3 Leveraged loans remain resilient On leveraged loan land (BKLN), the high volatility of the bond markets (BND) doesn’t seem to exist. While high yield bond issuance (JNK) has been up and down depending on the weather, leveraged loans have remained relatively resilient over the past month. Steady volumes, aggressive issuance Volumes last […]
HSBC released their April PMI report for Vietnamese manufacturing on May 1st 2013. While the report showed some positive signs for overall PMI and stronger operations measures than in the past, the financial sub-indices within PMI are not as promising. In previous articles it has been mentioned that margin compression has been a looming issue […]
