Argentina: New regime opens door for a better outcome

Buenos Aires

New President Javier Milei has vowed to tackle Argentina’s economic crisis. We assess the potential impacts of his radical policy proposals.

The right locations

Computer Servers

Looking for pockets of value in European real estate credits. We explain why select BBB- rated bonds look attractive and highlight datacentres and German residential as favoured subsectors.

In Credit Weekly Snapshot – November 2023

Our fixed income team provide their weekly snapshot of market events.

The peak in rate hikes is an inflection point for bonds

Cross-sea bridge at night

You don’t have to be bearish on the economy to be optimistic on the bond market. Here’s why.

Balancing uncertainty and optimism

Modern footbridge

The slowdown we are all expecting keeps being put off, but how severe will it be when it eventually shows up?

Euro high yield default outlook: benign but bifurcated

Car production line

Higher-rated issuers have been able to term-out maturities and maintain healthy liquidity levels.

Huawei-SMIC in the limelight, but more friction ahead

Woman using phone in crowded street

Despite restrictions around access to advanced technology, Huawei’s new smartphone – powered by SMIC chips – sees it back at the fore of 5G enabled devices.

Are we on the brink of a stressed consumer?

Men working in a restaurant kitchen

For all the talk of a ‘soft landing’ or how buoyant and well-positioned the consumer is, we believe the recipe is there for a rapid broad deceleration of consumer spending.

Social norms: the growing bond market that is increasingly delivering impact

Nurse chatting with older woman

The growth in the breadth and depth of the social bond market is impressive, but there’s still more to come.

In Credit Weekly Snapshot – September 2023

Our fixed income team provide their weekly snapshot of market events.