Credit Risk Of Bonds News

Mortgage Bonds Face Eye of Storm as Refinancings Decline: Credit Markets

Prepayments for Fannie Mae’s 30-year fixed-rate securities fell 8 percent last month to a pace that would erase 21.6 percent of the debt in a year, the slowest since September, data released Feb. 6 by the Washington-based company show.

Rio Catching BHP in Bond Risk on China Demand: Australia Credit

China’s resurgent demand for iron ore is helping Rio Tinto Group, the world’s third-largest mining company, catch up with its biggest rival BHP Billiton Ltd. in the bond market.

Sarkozy Trade Helps French Bonds Beat Bunds, Gilts: Euro Credit

French bonds are delivering better returns than Europe’s AAA rated debt and U.S. Treasuries this year, thanks to what some investors call the “Sarkozy trade.”

German 5-year bonds see less demand as risk appetite revives

BERLIN (Reuters) - A German sale of five-year bonds drew less demand on Wednesday than in a previous auction, reflecting reduced appetite among investors for safe-haven debt amid hopes that Greece will take the necessary steps to avoid a messy default. The 3.293 billion euro sale of five-year notes, known as Bobls, drew bids for 1.8 times the amount on offer, compared with 2.8 at a similar sale ...

Credit Suisse’s CEO Dougan Said to Not Receive Derivative Bonds in Bonus

Credit Suisse Group AG (CSGN) Chief Executive Officer Brady Dougan won’t take part in a plan to pay employees a portion of year-end bonuses in bonds made from derivatives to avoid a conflict of interest, people briefed on the plan said.