Shares of companies that reinvest their profits are doing better than those that repurchase stock. If only it were easier to invest that way.
It’s an annual reminder about the debt’s obvious benefits.
The economists that the central bank tends to agree with have a vastly different view of the path for monetary policy than markets.
The most crowded trade may be long developing-nation assets, but that doesn’t mean the consensus is wrong. Also, more on buybacks.
The bank’s decision to ignore convention is bad for its own credibility, bad for bondholders and bad for the AT1 market. Was it really worth it?
Yields on the country’s debt are tied more to German bonds than to local politics. Things will need to get a lot worse before this changes.
Caution flags lead market commentary. Plus, slowdown signals and gold stockpiles.
The cigarette maker was probably right to take stakes in vaping and weed companies, but investors couldn’t ignore the risks.
Popular in Opinion
Generous loan terms, indolent construction and a lack of market discipline have shielded the nation’s developers. That’s changing.
His record in Britain’s former colonies more closely resembles that of a war criminal than a defender of democracy and freedom.
Purchasing the National Enquirer's parent company would have been the ultimate M&A revenge.
It’s rare for contracts traded in Singapore to lead those in China. Dalian’s typical premium has vanished, or even gone negative.
The diverging outlook for consumer prices could become a flashpoint for anyone allocating assets globally. Also, the debate over buybacks.
There are risks for the Japanese technology investor in deciding to spend $5.5 billion on its own stock.
Here’s what led Bloomberg Opinion coverage this week.
Crude’s rally has been stalled for a month. Lower output in Venezuela and elsewhere should be a godsend for bulls, but demand worries are growing.
Currency hedging costs help explain the return of rock-bottom interest rates.
Investors snap up speculative corporate debt but ignore longer-term warning signs.
America’s share of the global economic pie is shrinking, and its financial markets are increasingly dependent on developments elsewhere.
History shows that in the world of sovereign debt, you’re better off betting on the serial defaulters.
Global slowdown leads financial commentary.
About $323 million of taxable bonds are sold at a not-too-punitive rate.
Companies are doing and saying all the right things but getting no love.
A Facebook-killing digital currency? Welcome to the wonderful world of SPACs.
Crunching 200 years of stock, bond, currency and commodity data reveals some shocking results.
The falling Aussie leads market commentary.
The global head of fixed income at the firm known for the indexing revolution says debt pickers can survive, but only if fees keep falling.
Public ownership and public borrowing are diminishing at U.S. companies. Research has unearthed some worrisome consequences of this trend.
You can see why Rome might want to seize the moment with its 30-year issue. But if things go wrong, investors won’t find it easy to forgive and forget.
An injection of global liquidity leads market commentary.
There’s always been a conflict between its commercial needs and the state’s, but now there’s the prospect of falling demand to consider.
Active managers need to make risky wagers, even if they could go bust.
Demand for regular Treasuries will be ample in coming years, despite the pending surge in government borrowing.
The central bank’s U-turn has as given it some freedom, which might come in useful. Also, the ‘Bond King’ and buyback backlash.
Investor torpor leads financial commentary.
Their restrictions wouldn’t improve the lives of the workers they are trying to help.
For those who thought markets only go up, 2018 was an unwelcome surprise.