Debts 03 - Govt etc (Feb 24 - Dec 26)

[behappyalways]

BlackRock Credit Fund Hit With 19% Markdown As Loans Go Bad
https://www.zerohedge.com/markets/black ... ans-go-bad

[winston]

Decade-high margin levels in Asia help explain selling intensity

The value of outstanding margin debt on China’s stock exchanges climbed to a record last week – amid soaring inflows into gold and silver exchange-traded funds (ETFs).

Similar measures for Taiwan and Japan surged to levels last seen in the financial crisis as gold, silver and global equities advanced to all-time highs.

The “rapid unwind” across a number of asset classes is a sign that leveraged funds are exiting positions.

The fund has “turned defensive”, with “a lot in short-dated bonds” in a bid to ride out the tumult.

Tech-heavy markets such as South Korea slumped, sending the Kospi down by more than 5 per cent, while Taiwan shares, as well as US and European equity index futures, slid by more than 1 per cent.

Gold and silver plummeted. The US dollar strengthened for a second day, while Treasuries rallied across the curve.

China's new rule in January, requires investors to provide a margin that is equal to the full value of the securities they buy on credit, up from the previous threshold of 80 per cent.

Source: Bloomberg

https://www.businesstimes.com.sg/intern ... -intensity

[behappyalways]

World War II-level debt: US debt nears $37 trillion

世界大戰級別債務 美債逼近37兆美元【短篇】#TVBS文茜的世界周報 20260222

https://m.youtube.com/watch?v=ba4Xm-tBFvQ&t=1s

[winston]

The Iran war presents a ‘guns and butter’ nightmare for investors

How long the conflict will last and its energy impact, are unknown but mounting global debt and inflation risks, are all too real

Geopolitical shocks in war and peacetime tend to lead to lasting fiscal expansion.

by John Plender

2022 peak level of US$128.

The International Monetary Fund projects that global sovereign debt will exceed a stunning 100 per cent of gross domestic product by the end of this decade.

The US now spends more on interest than it spends on defence or non-defence discretionary spending, with the bill estimated at 3.2 per cent of GDP in 2026.

Source: Financial Times

https://www.businesstimes.com.sg/opinio ... -investors