Russia’s bite-sized sell-off

Regional airports, tanker operators and river shipping lines – the list of assets up for grabs in the latest privatization round is unlikely to send foreign investors into a frenzy.

Greece tries to move forward

The country’s huge budget deficit and stagnant growth have spooked ratings agencies and investors, already unsettled by the Dubai debacle.

Bond Outlook January 20 2010

To help cope with contradictory data and opinion, it is helpful to distinguish the likely development of the swap yield curve from the government bond curve.

Bond Outlook January 13 2010

Growing disconnect between financial markets and the real Western economy makes us urge great caution, especially regarding the issuance of so many “junk bonds”.