Banks Loading Up on Cash Fuel a Record $2 Trillion Bond Spree

Global financial companies have sold $2 trillion worth of bonds in a record amount of time this year, with European lenders paying off central bank loans and Chinese firms strengthening their balance sheets amidst economic uncertainty.

yahoo.com

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9/4/2023

Financial Services Industry's Top Trending Markets - By The Business Research Company

The global financial services market is expected to reach $37,484.37 billion by 2027, driven by evolving consumer needs, technological advancements, and regulatory changes, according to reports from The Business Research Company.

9/5/2023

Fed’s Debt Runoff Is ‘Painless’ at $1 Trillion Mark, With Bigger Test Ahead

The Federal Reserve has sold about $1 trillion of its bond holdings without causing strains in financial markets, as part of its balance sheet reduction program.

9/12/2023

FDIC Taps BlackRock to Sell $13B in Mortgage Bonds from Collapsed Lenders

The U.S. government plans to sell nearly $13 billion worth of mortgage bonds obtained from Silicon Valley Bank and Signature Bank after their collapse, as part of the Federal Deposit Insurance Corp's efforts to deal with the lenders' assets.

9/19/2023

Global Debt Hits Record High Despite Rising Interest Rates

Global debt reached a record $307 trillion in Q2 2023, driven by the United States and Japan, despite rising interest rates hampering bank credit, according to the Institute of International Finance (IIF).