Tag Archives: Wall Street

The Great Blackstone Swaps Saga Just Became a Whole Lot Crazier

Hovnanian’s latest indebtednes exchange adds brand-new wrinkle in CDS drama Move follows hypothesi GSO plan could be foiled in auction One of the strangest Wall st. brawls in recent remembering remains going stranger. For months now, Blackstone Group LP’s credit unit, GSO, has been trying to profit from a sweetheart obligation refinancing it offered an … Read More

Wall Street Bond Gurus Brace for Trump Shock, Expect Clinton Dud

Dealers in the $13.8 trillion Assets grocery are preparing for crisply conflicting next-day reactions to the U.S. referendum upshot, girding against Brexit-like volatility while still expecting relative calm. The day after Americans elect their next chairwoman, U.S. 10 -year yields will either dash by the most since the U.K.s June vote to leave the European … Read More