EM LATAM CREDIT: Prohibition on Defaulted Debt Lawsuits - Neutral
Jun-04 16:10
"NY Senate to Vote on Bill Targeting EM Debt Holdout Investors" - BBG
In the past some investors have allegedly bought up defaulted debt and then sued foreign governments in New York courts. State Senator Liz Krueger has proposed a bill which would prohibit that practice.
Want to read more?
Find more articles and bullets on these widgets:
Historical bullets
US: Bessent Says Trying to Create Best Environment for Stable Rates
May-05 15:47
- Newswires continuing to pick up on headlines from Treasury Secretary Bessent who emphasises that China is the biggest piece of Trump's trade puzzle. Bessent states he is not going to talk about the Fed, and that the administration are trying to create the best environment for stable rates.
- “IF WE CAN TAKE AWAY THE CREDIT RISK OF THE U.S. GOVERNMENT, INTEREST RATES WILL COME DOWN”
- “SAYS WE WANT TO BRING DOWN FEDERAL DEFICIT BY MAYBE 1% PER YEAR” (Reuters)
FED: US TSY 13W BILL AUCTION: HIGH 4.220%(ALLOT 49.78%)
May-05 15:32
- US TSY 13W BILL AUCTION: HIGH 4.220%(ALLOT 49.78%)
- US TSY 13W BILL AUCTION: DEALERS TAKE 37.27% OF COMPETITIVES
- US TSY 13W BILL AUCTION: DIRECTS TAKE 4.63% OF COMPETITIVES
- US TSY 13W BILL AUCTION: INDIRECTS TAKE 58.10% OF COMPETITIVES
- US TSY 13W BILL AUCTION: BID/CVR 2.74
FED: US TSY 26W BILL AUCTION: HIGH 4.090%(ALLOT 14.42%)
May-05 15:32
- US TSY 26W BILL AUCTION: HIGH 4.090%(ALLOT 14.42%)
- US TSY 26W BILL AUCTION: DEALERS TAKE 23.67% OF COMPETITIVES
- US TSY 26W BILL AUCTION: DIRECTS TAKE 9.24% OF COMPETITIVES
- US TSY 26W BILL AUCTION: INDIRECTS TAKE 67.08% OF COMPETITIVES
- US TSY 26W BILL AUCTION: BID/CVR 3.52
