Bond Bulletin: EM local debt - Value after the rate repricing

Amid the continued closure of the Strait of Hormuz, concerns around energy supply disruption and the potential pass-through into inflation have quickly fed into global central bank pricing. In this week’s Bond Bulletin, we assess whether the resulting repricing has created value in emerging market (EM) local debt, and whether investors are being adequately compensated for the risk of a more persistent inflation shock.

Bond Bulletin: Matchmaking returns to markets

Following several years of deleveraging and defensive balance sheet management, companies are increasingly pursuing mergers and acquisitions (M&A) to drive growth, secure scale and strengthen competitive positioning. In this week’s Bond Bulletin, we explore how this renewed wave of corporate matchmaking is reshaping credit markets.

Bond Bulletin: Two markets to watch – the US and Japan

The US and Japan continue to look less anchored than their peers, leaving them as key sources of uncertainty for global rates. This week’s Bond Bulletin discusses what sets these two markets apart.