High-yield bond defaults rising: Fitch
The value of bonds at higher risk is swelling, with the default rate expected to rise in 2024
- By: James Langton
- April 17, 2023 April 17, 2023
- 15:46
Foreign investors snapped up Canadian corporate bonds in February
Report suggests the return on education is rising
Fees and disappointing returns are rarely deal breakers
Regulators prevented broader crisis, but balance sheet risks still lurk, Moody's warns
Assets under management were $73 billion at the end of the year
Stronger trading results would help offset declines in new issue, M&A activity
Further upward pressure on rents is expected in the coming months
Plunging energy prices pulled the producer price index down 0.5%
Economists expect the central bank to sound hawkish on Wednesday while holding rates steady
A report found that most financial services are not designed for people with low incomes
The possibility of a hard landing has "risen sharply," the IMF says
Affordability may become an even bigger issue as housing starts lag immigration numbers
Equity issuance at lowest level since financial crisis; debt slumps too
DBRS said TD's First Horizon deal is still on strategy
Discretionary spending expected to drop as impact of higher interest rates is felt, RBC says
Latest Federal Reserve data show small banks' deposits stabilizing
However, labour market tightness isn't expected to last
Following a rise in January, imports and exports retreated in February
Weaker energy prices lead inflation readings lower
RBC Capital Markets and BMO Capital Markets rank among top advisors
Downtown office vacancies sat at 18.4%