Hints and tips:
...That compares to a yield of roughly 9.15 per cent on the average single B rated US corporate bond, ICE bond index data shows....
...Anyway, back to the S&P report. They reckon that debt maturities of firms rated single-B or lower will be around $310bn in 2025, rising to $400bn in 2026....
...In contrast, the S&P 500’s price-to-book ratio is close to the record 5 times it touched in 2021 and 2000 (the Nasdaq’s P/B ratio is close to 7.5 times)....
...The IEA forecasts crude consumption to increase by 1.3mn barrels per day this year while Opec this week maintained its growth estimates of 2.25mn b/d for 2024....
...For example: “In my view, [public markets aren’t] differentiating enough between office Reits that hold B-tier assets and office Reits that hold A-tier assets.”...
...bills or money market funds, held by Paxos Trust Co....
...You can get a deal done for a double-B senior loan at a 300-350bp spread all day long. That market’s wide open....
...The CO₂ emitted in the production is also half the global average for a barrel of oil of 18kg/b, he added....
...“They’ve been burning cash throughout the last year or so,” said Oliver Vande Stouwe, an analyst at S&P....
...former Soviet Union 1997-2001 Amb Richard MorningstarFounding Chairman, Atlantic Council’s Global Energy Center, US Ambassador to Azerbaijan 2012-14 and US Ambassador to the European Union 1999-2001 Amb P...
...DBRS Morningstar lifted its assessment of Athens’ creditworthiness on Friday to triple B, kicking off what is widely anticipated to be a series of upgrades from “junk” territory....
...Results on Friday from the US-based company showed prices across its portfolio of consumer products, which include Fairy washing-up liquid, Oral-B toothbrushes and Pampers nappies, rose about a tenth last...
...Even higher-quality companies are getting shut out, with single-B and single-B minus rated loan issuance in the US down more than 70 per cent from 2021 levels....
...Bunge, founded more than 200 years ago, has long been known as the “B” in the so-called ABCD of global grain trading companies that link farmers with food importers....
...Canada is the world’s fourth-biggest oil producer, pumping 4.8mn b/d of oil last year, of which oil sands accounted for 3.2mn b/d....
...In total, the group will now produce almost 6mn b/d less than it could in the first quarter of 2024....
...One thing it avoids is the B word. “We debated long and hard about bringing Brexit into it,” Beaufoy says....
...Broader equity markets in the US were mixed, with the blue-chip S&P 500 up 0.4 per cent and the tech-heavy Nasdaq Composite down 0.3 per cent....
...Are there ways to a) reduce the impact on me, and b) reduce my resentment at being the “default” worker? I like my colleagues and don’t want this to fester....
...A recent report from S&P Global Ratings found that a quarter of triple B rated borrowers — those at the bottom end of investment grade ratings — from the US consumer products sector have cut their long-term...
...SVB & McKinsey Three years before its implosion, Silicon Valley Bank turned to consultants at McKinsey & Co to help it grow....
...to $60/b. 4....
...But at 12.4mn b/d it’s still well-below the pre-pandemic highs. And the administration does not think last year’s growth rate will be repeated, forecasting a rise of just 250,000 b/d by next January....
...It’s not something that can be A-B tested,” says David Millstone, co-chief executive of Standard Industries, a private industrial conglomerate....
...Somehow, the S&P 500 sub-index of oil and gas stocks is down only 1 per cent over the same period....
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