Tag Archives: bonds

Back in March this year the Asian Development Bank (ADB) produced a report showing how fast the local currency (LCY) bond markets were developing across Asia. By the end of 2012 East Asia’s LCY bond market had reached $6.5 trillion, with the corporate sector bond market growing from 4.2% by value, quarter over quarter, in the third quarter of 2012, …

Mongolia successfully established a benchmark curve with its $1.5 billion debut bond early Thursday morning, after raking in an astounding $15 billion of orders. One banker joked that Mongolia has more yaks than people. It is not far from the truth. The landlocked country has a gross domestic product of just $8.5 billion, so orders were roughly twice the size …

For years, people have wondered what happens when China stops buying U.S. Treasury bonds. Once China refuses to finance our massive deficits, the thought goes, interest rates will surge, and the Treasury might have a hard time selling bonds (ask Greece what it’s like). And if China actually began selling its Treasury bonds… that could bring about something far worse. …