Gross Reduces Treasury Holdings in February From Six-Month High – Bloomberg 03-11-13

On March 11, 2013   /   Bill Gross, Bond Market, Mexican peso, Real  

Salient to Investors: Bill Gross at Pimco said: Holdings of Treasuries to 28 percent of assets in February, after a six-month high of 30 percent in January, and cut mortgage holdings to 36 percent, the lowest level since August 2011, and cut non-US developed nations’ debt to 11 percent. Corporate credit and high-yield

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JPMorgan Sees Emerging-Market Debt in ‘Sweet Spot’ as QE3 Starts – Bloomberg 09-27-12

On September 27, 2012   /   Bond Market, Emerging Markets Stocks, Mexican peso, Pimco, Real, Ruble  

Salient to Investors: Joyce Chang at JPMorgan Chase said QE3 puts emerging-market corporate and sovereign debt in a sweet spot by reducing bond supply and prompting investors to seek higher-yielding debt – modest borrowing by emerging-market governments and companies has avoided a supply glut. Chang favors commodity-related currencies including the Russian ruble, Mexican peso and

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BRICs Biggest Currency Depreciation Since 1998 to Worsen – Bloomberg 06-25-12

On June 25, 2012   /   Brazil Economy, China Economy, Global Economy, India Economy, Real, Ruble, Rupee, Russia Economy, US Dollar  

Salient to Investors: For the first time in 13 years, the real, ruble and rupee are weakening the most among developing-nation currencies, while the yuan has depreciated more than in any other period since its 1994 devaluation. Investors are fleeing the BRICs, after Brazil’s consumer default rate rose to the

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