According to BofA Merrill Lynch Global Research report, Month-to-date, investment-grade cash bond spreads are 21bp wider and high-yield cash bond spreads are 73bp wider. September is shaping up to be the worst month of the year for performance, and the year-to-date picture is no rosier.

During the first months of the year, investors were plain sailing, helped by easy monetary policy, robust economic data and stronger currencies. In euro terms, almost all asset classes generated positive returns...

A cagey US Federal Reserve and unfinished business in Greece will likely continue to unsettle the credit markets, but Australian government bonds may offer one route to mitigate risk, and select opportunities exist in countries such as Cyprus and India, according to Ariel Bezalel, manager of the Jupiter Dynamic Bond SICAV fund.

New investment for strategic infrastructure across Europe and around the world, including road, rail, ports, inland waterways, and airports, were amongst nearly EUR 10 billion of new lending approved this week by the Board of Europe's long-term lending institution, the European Investment Bank.

IFC, a member of the World Bank Group, introduced an innovative financial instrument to expand the availability of Turkish lira financing, becoming the first multilateral institution to issue lira-denominated discount notes.