Warning Signs on the Mad Rush for Convertible Bonds
Some Chinese convertible bonds are 330% oversubscribed. What’s the problem?
Hard hitting global and local news
Some Chinese convertible bonds are 330% oversubscribed. What’s the problem?
The anti-Brexit People’s Vote campaign has disintegrated in to an open feud among 9 sub-groups.
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The Brexit Party may limit the number of seats it challenges in the next election. This will benefit Johnson’s campaign.
The FOMC committee decided to lower the target range for the federal funds rate to 1-1/2 to 1-3/4 percent.
The BEA reported real GDP rose 1.9% for the quarter in a consensus range of 1.2% to 2.0%.