Bank Credit Weekly: Risk Restart
Emerging market capital inflows restarted with the beginning of the third quarter. Nonetheless, risk sentiment remained decoupled globally as...
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Bank Credit Compass: Asia’s Q2 Winners and Losers; What Looks Mispriced into H2
Alpha generation remains available within individual Asian bank bonds. We expect security selection to have a greater impact during the second half...
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Bank Credit Strategy: Asia HY Remains Oversold
High yield and cross-over securities of Asia-headquartered financials remain oversold. With interest rates anchored at current yields for the...
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Bank Credit Weekly: Risk Decoupling with China on Holiday
Risk sentiment decoupled between Asia and the US with positive momentum in Asia contrasted by negative momentum in the US. The holiday calendar...
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Crowding-In and Asia Bank Credit: The Context for H2 Expectations
Continued crowding-into US$- denominated credit is the likely outcome of the Fed’s Secondary Market Corporate Credit Facility. The details of the...
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