New York Fed’s Corporate Bond Market Distress Index drops to lowest level since before the Fed started tightening. The New York Fed’s update today of its…
The final week of April presents plenty of data for traders to chew on, with inflation data for the US and potentially Australia taking centre stage. The BOJ’s new Governor Ueda also holds his first meeting. Whilst it’s likely to not be a live event, traders would be wise to remember to never drop their guard when it comes to the central bank who likes to surprise. We also have the advance read for Q1 GDP, amongst a plethora of business sentiment reports to chew on.
By Shankar Ramakrishnan (Reuters) - Cost of new debt for companies may be at a premium but there is no liquidity distress yet in the U.S. corporate bo.