Eurozone bond yields rose yesterday, following movements in US Treasuries after falling earlier in the session, with a focus on a shortage of debt supply that kept borrowing costs down. block. S Treasury yields stabilized as investors weighed in concerns about the rising rate of Covid-19 infections from the Treasury’s new offer this week and […]
Borrowing costs
High borrowing costs spark broad debate in Tanzania
By Gadiosa Lamtey Dar es Salaam. High borrowing rates in the banking sector have sparked a wide debate with some questions as to whether recent central bank tax measures have improved liquidity and reduced the cost of lending. The debate was revived this week when Vunjo MP Charles Kimei pointed out in parliament that “the […]
Aston Martin losses accelerate amid high borrowing costs
Aston Martin losses accelerate amid high borrowing costs, but dealer sales rise as online sales boost demand Aston Martin loss for the third quarter increased amid higher financing costs But third-quarter dealer sales jumped 104%, new figures show By Jane Denton For Thisismoney Posted: 8:45 am EST, November 4, 2021 | Update: 9:34 a.m. EST, […]
Covid-19 resurgence increases borrowing costs for travel and leisure businesses
Cruise line Royal Caribbean borrowed $ 1 billion in bond markets on Wednesday, but at a higher yield than a few weeks ago. Photo: Jeff J Mitchell / Getty Images The rapid spread of the Covid-19 Delta variant is increasing borrowing costs for leisure and travel businesses as debt investors recalculate the risks these industries […]
How will the Fed deal with rising US borrowing costs?
How will the Fed deal with rising US borrowing costs? The minutes of the Federal Reserve’s latest monetary policy meeting will be released on Wednesday, giving investors a more in-depth look at the ongoing debates at the central bank over the path of the economic recovery and the recent rise in borrowing costs. in the […]
Influx of cash pushes borrowing costs to unusual levels in Europe
Too much money for too few assets creates strange phenomena at the heart of European financial markets. A striking example: some companies and most banks can now borrow at rates lower – and even below zero – than the rate set by the European Central Bank. Italy’s Enel SpA, one of Europe’s largest power producers, […]
Borrowing costs for risky businesses are pushing to historic lows
The riskiest companies in the world are reaping the benefits of the global search for higher returns, sending the yield on dollar-denominated debt of some of the lower-rated companies close to all-time lows. The average yield on triple-C-rated US debt in the United States fell to a recent nadir of 7.6% this month, approaching its […]
Indian businesses’ borrowing costs rise due to cash-draining measures
Borrowing costs for companies in the Indian rupee bond market are rising after the country’s central bank unveiled measures to drain the liquidity it had pumped into the financial system to counter the impact of the pandemic. Average BBB-rated three-year rupee bond yields rose 28 basis points this week through Thursday, on track for their […]
‘Painful’ downgrades will increase South Africa’s borrowing costs, minister says
JOHANNESBURG (Reuters) – South Africa’s finance ministry said on Saturday that downgrading credit ratings by Moody’s and Fitch would increase the country’s borrowing costs and limit its budget options. FILE PHOTO: South African Finance Minister Tito Mboweni gestures as he delivers his budget speech to parliament in Cape Town, South Africa, February 26, 2020. Reuters […]
U.S. businesses are less able to service their debt even with record borrowing costs
Record borrowing costs were not enough to prevent a decline in the ability of U.S. companies to service their debts in the first half of 2020. The median interest coverage ratio of US companies classified as investment grade by S&P Global Ratings fell to 5.48 in the second quarter, from 5.65 in the first quarter […]