How effective is the liquidity tightening by global central banks? The US interest rate is at its 3-year high of 4%, whereas inflation is at 7.75%, slightly coming off from its high of 8.20% in Sep 2022. However, the hawkish view of the FED may push the US economy into
Debt investors see an opportunity in China’s real estate debt slump As default dims the overall market Outlook, Investors worry about the repayment of $292 billion of debt coming due through 2023. The Chinese property developers experienced their first rejection from creditors for bond extension in June 2022. Fed rate
The financial conditions across global markets have significantly tightened since the central banks-initiated policy tightening to rein in the record-high inflation. The US Federal Reserve has hiked the interest rates by 300 bps YTD within a target range of 3.00-3.25%. Credit spreads have widened, stock markets came crashing, the dollar strengthened, and
