(Bloomberg) — Sixth Street Partners Co-Chief Investment Officer Josh Easterly warned shifting fundamentals within credit markets present a risk that many investors and money managers are overlooking. “Private credit markets are relatively complacent,” Easterly said in a Bloomberg Television interview Tuesday, attributing the problem to a mismatch between capital pouring into the sector and valuable…
Dar Credit and Capital IPO: The ₹26 crore SME initial public offer (IPO) of Dar Credit and Capital, which opened for subscription on May 21, closed today. Dar Credit and Capital IPO recorded blockbuster subscription numbers, with the issue garnering over 100 times bids at the end of the three-day bidding period amid strong retail…
Gold prices witnessed a strong rally on Thursday, May 23, both in domestic and international markets, as a combination of a weakening U.S. dollar and heightened fears over America’s growing debt load reignited safe-haven demand. The spark was Moody’s downgrade of the U.S. government’s long-term issuer and senior unsecured ratings, which sent investors rushing toward…
Ray Dalio has warned that the US debt risks goes beyond credit ratings amid the US government’s mounting debt in the current global economic scenario. The billionaire founder of one of the world’s largest hedge funds said that the US debt downgrade, you should know that credit ratings understate credit risks because they only rate…
(Bloomberg) — US bonds, stocks and the dollar dropped after Moody’s Ratings stripped the government of its top credit rating, reinforcing concern about the status of American assets. Gold rose. S&P 500 contracts fell 1.3%, with investors cooling on equities after a five-day winning streak. European and Asian shares also dropped. The yield for 30-year…
While the impact of the downgrade on bond markets won’t be clear until they open Sunday night, investors may not yet have to worry about major near-term impacts to U.S. equities or Treasury yields, money managers told Barron’s. Given the U.S. hasn’t had a perfect AAA rating across all major agencies for quite some time,…
Moody’s downgraded the US sovereign credit rating on Friday due to concerns about the nation’s growing $36 on debt pile. The credit rating agency cut the US government’s rating by one notch to “AA1” from ‘AAA’, and changed its outlook on the US to “stable” from “negative.” Moody’s first gave the United States its pristine…