Tag Archives: years

Worst bond crash in almost 30 years is early warning of turmoil to come

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The global deflation trade is unwinding with a vengeance. Yields on 10-year Bunds blew through 1 percent this week, spearheading a violent repricing of credit across the world\’s economic climate. The scale is beginning to match the “taper tantrum” of mid-2013, when the US Federal Reserve issued its first gentle warning that quantitative easing wouldn\’t last forever, which the long-feared ...

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Hedge funds post best returns in years

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Global hedge funds reached the halfway mark in 2015 with some of their best returns in a long time, but performance cooled off in June from growing losses in Asia Pacific and Europe, based on the latest statistics from Preqin, a study firm focused on the alternative assets industry. “The industry has had a run of five months of positive ...

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Three years ago this coal mine was worth $630 million. Now it sold for $1

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The destructive force of a collapse in world coal prices continues to be underscored by the sale of the mine worth A$860 million (US$631 million) three years ago for just a dollar. Brazilian miner Vale SA and Japan\’s Sumitomo Corp. sold the Isaac Plains coking-coal mine around australia to Stanmore Coal Ltd., the Brisbane-based company said Thursday inside a statement. ...

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