Hints and tips:
...The moves demonstrate “how investors are afraid to miss the opportunity to lock in these yields”, said Andrzej Skiba, head of Bluebay US fixed income at RBC GAM....
...“We had this avalanche of repricings,” said Andrzej Skiba, head of US fixed income at BlueBay RBC GAM. “People were actually quite starved of new money loan paper . . ....
...Skiba “is not looking to add exposure in triple-Cs in any meaningful fashion”, he said. “[But] I can easily see how managers are increasingly tempted to add exposure to lower-rated issuers....
...The prospect of cuts has more pronounced implications for floating-rate loan issuers than for fixed-coupon bond issuers, said Andrzej Skiba, head of Bluebay US fixed income at RBC Gam....
...“We are trading at probably tighter spreads than otherwise would be the case if we had a more vibrant primary market,” said Skiba....
...Andrzej Skiba, head of BlueBay US fixed income at RBC Global Asset Management, said the firm’s own money market funds were enjoying strong inflows....
...“There’s clearly a hunger for new supply in high-yield,” said Andrzej Skiba, head of US fixed income at RBC Global Asset Management. Two sales this week signalled a shift....
...For Bluebay’s Skiba, “the clock is ticking” in both the leveraged loan and private credit markets....
...Skiba added: “Given the yields on offer, money market funds offer not just a good yield, but also a lot of safety for investors.”...
...The debt ceiling debate “could be a big issue” in particular for government money market funds, according to Andrzej Skiba, head of Bluebay US fixed income at RBC Global Asset Management....
...Hankins, Hoekstra and Skiba found that bankruptcy struck with equal likelihood whether people won less than $10,000 or more than $50,000....
...Andrzej Skiba, head of US fixed income at RBC Global Asset Management, said regulators still saw AT1 debt “as a core part of the capital toolkit for the future” and that banks “also want to use those instruments...
...The recent borrowings are “helping dispel the myth that there is this ton of high-yield [debt] that can’t clear the market”, according to Andrzej Skiba, head of US fixed income at RBC Global Asset Management...
...Nonetheless, the recent debt sales are “helping dispel the myth that there is this ton of high-yield [debt] that can’t clear the market”, according to Andrzej Skiba, head of US fixed income at RBC Global...
...Here, for example, is Andrzej Skiba of RBC Global Asset Management: We struggle to understand how the Fed expects unemployment to move upwards and rates head beyond 4.5 per cent, while US growth remaining...
...“For the time being people are not at all fearing the price action of a move higher in yields,” said Andrzej Skiba, head of US credit at BlueBay Asset Management....
...Andrzej Skiba, head of US credit at BlueBay Asset Management, said that investors were shifting out of lower yielding areas of fixed income in search of the higher payouts on offer on junk debt....
...“Authorities across the world have acted in a fashion that was much more aggressive than was the case in 2008 and 2009 — and much faster,” said Andrzej Skiba, head of US credit at BlueBay Asset Management...
...Piotr Skiba, as Ludwig, plays the part of the depressed, trapped intellectual with caustic brilliance....
...Piotr Skiba’s Andy is thrown into enigmatic relief as the sponge for others’ energy, the parasitic master of Polaroid. Real confrontation is rare. Only Viva can call him a “vampire”....
...The economists Scott Hankins, Mark Hoekstra and Paige Marta Skiba are in the process of investigating that claim, looking at 35,000 winners of the Florida lottery, almost 2,000 of whom later filed for bankruptcy...
International Edition