Funding & Business
Credit Investors Jolted From Complacency on Growth Concerns
Gauges of credit risk rose sharply on Friday after payroll data signaled that the labor market is weakening more than expected, jolting debt investors from their recent complacency.
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Europe’s largest bond-futures exchange is launching a contract for the European Union’s debt on Wednesday, a move that could help boost trading liquidity and eventually lower the bloc’s borrowing costs.
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Saudi Arabian Oil Co., known as Aramco, is preparing to price new benchmark-sized dollar bonds on Wednesday, extending the oil-rich kingdom’s debt spree as it seeks fresh capital to fund projects.
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Oil rose for a third session after President Donald Trump told European Union officials he’s willing to slap new tariffs on India and China in an effort to get Russia to negotiate with Ukraine.
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