Vanguard Intermediate-term Corporate Bond Etf ETF News

China’s sovereign bonds have plunged from atop the global performance rankings to the bottom half in recent weeks, undermining their status as an alternative haven just as global markets have become roiled by the war in Ukraine.The return on yuan debt, excluding currency fluctuations, slipped to 29th among 46 sovereign markets tracked by Bloomberg since Russia invaded Ukraine on February 24, according to data compiled by Bloomberg. The securities had topped the rankings in January when they…

Chinese developer Shimao Group Holdings Ltd. faces a hefty $2.5 billion in bond obligations coming due this year just as delayed repayments on trust products fuel concern about its capacity to navigate a credit crunch.

Venezuela''s government released two Americans on Tuesday, a senior U.S. administration official confirms to NPR. The government of President Nicolas Maduro released Gustavo Cárdenas, one of six U.S. Citgo executives detained in 2017 , and Jorge Alberto Fernández, who The New York Time s says is a Cuban American tourist arrested under terrorism charges for bringing a drone into Venezuela. The Times first reported the news of the pair''s release. Cárdenas was one of six U.S. oil executives sentenced to lengthy prison terms in 2020 in the South American country on charges of embezzlement tied to a never-executed proposal to refinance around $4 billion of Citgo bonds. All proclaimed their innocence. The sentencing culminated a saga that began Nov. 21, 2017, the day the men arrived for what they were told was a sudden business meeting in the country''s capital of Caracas. Once in the boardroom, however, military intelligence officers stormed the room. Officers demanded the men hand over passports and other identification cards, and then hauled them off to jail, The Associated Press and the Financial Times reported at the time.

Here’s a look at the key bond market deals on Wednesday.

Sherri Papini out on bond but must undergo psychiatric treatment and surrender passport, judge rules Sherri Papini, the northern California woman arrested last week for allegedly faking her own 2016 kidnapping and lying to federal agents, was released from jail on Tuesday after her family posted a $120,000 bond. d on Tuesday. Continue reading…

Surging oil prices have battered market sentiment toward major energy importer India, pushing down the rupee to a record low and dragging stocks and bonds

Russia was downgraded to the second lowest level by Fitch Ratings, which said a bond default is “imminent” as a result of measures ushered in since the war in Ukraine.

Russia’s Rating Cut by Fitch, Seeing ‘Imminent’ Bond Default

CARACAS, Venezuela (AP) — The Venezuelan government freed at least one jailed American on Tuesday night as it seeks to improve relations with the Biden administration, which is looking to undercut support for Russia in Latin America. A nongovernmental group that tracks arbitrary detentions and another person familiar with the matter confirmed to The Associated Press the release of Gustavo Cardenas, one of six oil executives jailed for more than four years. The moved follows a secret weekend visit to Venezuela by senior Biden administration officials, including the top White House official on Latin America and the State Department’s top hostage negotiator. The release came hours after Venezuelan President Nicolás Maduro signaled an interest in improving relations with the U.S. amid Russia’s invasion of Ukraine and concerns in the United States over rising gas prices. The State Department declined to comment Tuesday evening. But Cardenas''s release was confirmed by Foro Penal, a nongovernmental group, and by a person familiar with the matter who was not authorized to discuss the issue by name and spoke on condition of anonymity.

Investors looking to earn double-digit returns from their fixed income portfolio can consider an investment in the nonconvertible debentures of Piramal Capital and Housing Finance. The NCD, listed on the Bombay Stock Exchange, has a tenure of 10 years and matures in September 2031; it could yield a return of 10.92%.

In an arrangement similar to the bloc''s $2 trillion COVID rescue fund, the European Union has decided to jointly issue what Bloomberg dubbed "potentially massive" bond sales to finance an energy and defense fund to help the bloc maintain its resolve as its financial sanctions against Russia bite. According to Bloomberg, the proposal will be taken up during the EU leaders'' summit in Versailles, France, that''s set to begin on Thursday. However, the bloc''s leaders are still working out the details on how the debt sales would work and how much money…

Stocks Face More Swings on Jump in Oil; Bonds Drop: Markets Wrap

The latest effort to tighten legislation meant to lure the Washington Commanders to Virginia would limit the tax revenue that could be diverted to pay back stadium bonds to $350 million, plus financing expenses.

LVIV, Ukraine (Reuters) – Ukraine’s central bank on Tuesday said it had bought 20 billion hryvnias ($673.40 million) of local bonds the government has put on sale to help finance the war effort.

U.S. stocks rebounded from the biggest rout since 2020, though markets remained gripped by volatility caused by the war in eastern Europe and the related sanctions. Treasuries fell and oil pared gains.