Bond moment

Inflation isn't the same for everyone

Catherine Reichlin today looks at the inflationary situation in Turkey, whose central bank is in a particularly uncomfortable position. Will it fight inflation or give in to Mr Erdogan's pressure to lower interest rates?

Bond moment

Against the tide

While several central banks are considering scaling back measures supporting the economy, the ECB goes against the tide. What does that mean for bond markets? Listen to Catherine Reichlin's Bond Moment for more information on the situation.

Bond moment

The Great Leap Forward

China, known as the most polluting nation, has the ambition to become carbon neutral by 2060. This goal requires huge financial needs, which take the form of green bonds. But are they genuinely "green"?

Bond moment

Preparing to move ahead

Chinese credit markets have the best year to date performance, so what shadow is currently looming over them? Catherine Reichlin takes us to the Middle Kingdom and demonstrates that the domino effect is not only confined to the political sphere!

Bond moment

Green bonds

A few weeks ago, Catherine Reichlin was live on Finimize to talk about green bonds. With Sarah Bengtsson, millennial money speaker and sustainable investing expert, she discussed the evolving trend around green bonds and how to diversify your portfolios with such assets.

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Sustainability, by Amazon

Can a company that is not an ESG champion issue sustainable bonds? The answer is yes... Let our expert Catherine Reichlin expose the mechanism behind this with the Amazon example.

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Shining in the credit firmament

After "fallen angels" and recession, it's time to talk about "rising stars" and recovery. The trend is underway, but it will not take a linear path, reflecting the pace of the markets over the past year.

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Moment of truth for credits?

Catherine Reichlin today talks about the risks in the credit markets. How did shrinking bond yields affect investor behaviour?

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What about Russia?

Our expert today talks about Russia and how the US sanctions are impacting the Russian credit markets.

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"Taper Tantrum"?

Our expert Catherine Reichlin todays tells us more about credit markets in Europe and what can be expected later this year.

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Accra-Islamabad

Ghana and Pakistan, both rated B-, have returned to the international bond market recently. How did the markets react and how could we describe their respective success? Listen to our expert Catherine Reichlin to find out more.

Bond moment

Can money buy peace of mind?

In a falling yield environment, investors worry about their re-investment risk but in a rising yield environment, which is currently the case, it is the issuers who worry about having to face higher costs. So what can they do? Our expert Catherine Reichlin will answer this question using the example of the car rental company Avis.

Bond moment

Green isn't a shield

Stars are aligned and the fight against climate change may have found its financing tools: green bonds. While records in terms of new issues will very probably be broken in 2021, let’s not forget that green bonds are first and foremost bonds… and are subject to the same market risks than any other bond. Let Catherine Reichlin explain you more in her Bond Moment.

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Same but different

Today our financial expert, Catherine Reichlin talks about the recent global increase in long-term yields. Indeed, while the pandemic has brought the monetary and fiscal policies to converge, the end of the crisis seems to accentuate gaps between countries and create discrepancies.

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Nature bonds

A new type of bond could be created this year: Nature bonds. The protection of biodiversity is now emerging as a crucial issue for financial markets, given that more than half of the world's GDP is based on natural resources. Pakistan could be the first state to take the plunge! A case to follow.

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Reflation

The word reflation is currently around every corner... what is it exactly and how does it affect bond markets? Let Catherine Reichlin tell you more about it in her Bond Moment.

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Total.ly surprising

Catherine Reichlin today reflects on Total's surprising announcement to issue only sustainability linked bonds to finance its operations. Will investors respond more favourably than when Repsol made a similar attempt in 2017?

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It's Party time!

For the first time ever, the average yield to maturity in US High Yield fell under… 4%! Can we still talk about High Yield? With the recent bond issued by Party City, Catherine Reichlin examines this unprecedented situation.

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Crossover Zone

How crowded is the "crossover zone" of the rating agencies - a transition zone shared by issuers that are on the verge of downgrading from Investment grade to High-yield or vice-versa? It appears that the situation is somewhat improving. Listen to Catherine Reichlin's analysis.

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A certain idea of sharing

Today, Catherine Reichlin explains the difference between sustainable bonds and sustainability linked bonds. The example of Tesco is once again proof that some details can change the big picture.