Sovereign debt
Dealers call for ECB to buy inflation bonds as Italy faces exit from key index
Further downgrades for Italy would cause its inflation-linked bonds to drop out of a Barclays Capital index, prompting mass selling by fund managers, dealers fear
Insurers and pension funds eye emerging market debt
New horizons
Commission unveils contentious Eurobond proposals
European Commission unveils three options for Eurobonds in bid to restore stability in Europe; analysts say the measures are politically unviable and ineffective
EU proposals for credit ratings rules require close monitoring by hedge funds
Draft language could affect the way hedge funds perform their own internal credit analysis
Italy reaches crisis point as bond yields soar
Announcement that Italian prime minister Silvio Berlusconi will resign does little to calm markets; bond yields hit euro area record high, raising the stakes for a potential default
Flowers defends MF Global as a ‘prudently run’ securities firm, despite Chapter 11 filing
JC Flowers head says reliance on short-term funding is a weakness of whole securities industry – not just MF Global. He adds a worsening eurozone crisis could lead to investment opportunities in troubled banks
CDS: not dead yet
CDS: not dead yet
Dealers predict CVA-CDS loop will create sovereign volatility
A recipe for disaster?
Credit Suisse and UBS on Basel 2.5: Half a world away
Half a world away
Europe's democracy deficit contributing to crisis
The democracy deficit
CVA desks to keep buying sovereign CDSs – even if they never pay out
Even if CDS contracts are not triggered in Greek restructuring, Basel III's CVA charge ensures the market will live on - but episode raises fresh questions about design of capital framework, dealers say
The risk-free conundrum
The risk-free conundrum
Profile: Daniel Gros on political risk and Europe's debt crisis
Time for a European Monetary Fund
Eurozone debt crisis: facing up to the risks of political uncertainty
The risks of political uncertainty
The gathering storm
The gathering storm
Insurers could withstand Greek and Italian default, says Fitch Ratings
Insurers could withstand Greek and Italian default, says Fitch Ratings
BIS calls for greater vigilance over sovereign risks
Bank for International Settlements Quarterly Review warns weaker global growth outlook risks fuelling sovereign debt crisis
Greece tranche decision delayed until October: Juncker
Eurogroup chairman Jean-Claude Juncker says decision to release sixth bailout tranche to Greece will be delayed until October; sovereign may default sooner than expected, says analyst
Central banks take aim at dollar-funding shortage
Co-ordinated action from five central banks eases the pressure on dollar funding for European banks, but euro/dollar cross-currency basis swap market remains under stress
Sovereign debt crisis undermines LCR, critics say
Bankers at Eurofi conference in Wroclaw, Poland call for a wider range of assets to be eligible for Basel III's liquidity coverage ratio
Can risk managers take action against sovereign meltdown?
A risk too far?
Basel Committee's Walter dismisses reports of LCR overhaul
Basel Committee is working on criteria to decide what counts as a liquid asset, but secretary general says no decisions have yet been taken on how – or whether – to change the LCR
Risk Japan 2011: Mizuho Securities CRO praises Fed's Jackson Hole position; looks to Japan's new prime minister on JGB security
During a question and answer session at Risk Japan 2011 in Tokyo today, Mizuho Securities chief risk officer, Kenji Fujii, tells delegates Fed chairman, Ben Bernanke, was right not to have announced a new wave of quantitative easing last week. He also…
The new ‘Eurobond’ – the eurozone’s last hope?
As Europe’s sovereign debt woes deepen, markets are increasingly speculating over the need for a new ‘Eurobond’, guaranteed by all euro member states. Tanuj Khosla from 3 Degrees Asset Management looks at how such a bond might work