Friday, December 11, 2015

Friday's News Links

[Bloomberg] Junk-Bond Fear Gauge Nears 3-Year High After Third Avenue Freeze

[Bloomberg] Third Avenue Redemption Freeze Sends Chill Through Credit Market

[Bloomberg] Offshore Yuan Weakens as China Unveils Multi-Currency Index

[WSJ] China’s Central Bank Signals Intention to Loosen Yuan’s Peg to Dollar

[Bloomberg] Oil Falls to Lowest Since 2008 as OPEC Seen Fueling Supply Glut

[Bloomberg] U.S. Stocks Fall Amid Crude Oil Drop as Fed Policy Meeting Looms

[Reuters] Third Avenue to liquidate junk bond fund that bet big on illiquid assets

[Reuters] No cheer as China yuan hits four-and-a-half-year low, oil at seven-year low

[Bloomberg] Brazil Real Falls as Ministers' Dispute Fuels Political Tension

[Bloomberg] Mexican Central Bank Sells $400 Million as Peso Hits Record Low

[Bloomberg] Commodity Exporters' Currencies Slump as Rout in Oil Deepens

[Bloomberg] Lira Falls Most After Rand as Zuma Shakeup Roils Emerging Assets

[Bloomberg] Abengoa Default Swaps Triggered by Failure-to-Pay Credit Event

[Bloomberg] Building a Better Credit Hedge Is Proving Much Harder Than Expected

[Reuters] Aircraft orders slow as cycle peaks; potential for production impact seen

[Reuters] China's November lending beats expectations, led by new loans and bonds

[Reuters] Fosun looks badly exposed as boss goes AWOL

[Bloomberg] Disappearances in China Highlight Ruling Party Detention System

[Bloomberg] South Africa Faces Watershed as Investors Despair of Zuma

[Bloomberg] Putin Tells Defense Chiefs to Strengthen Russian Nuclear Forces

[Reuters] Ukraine lawmaker manhandles PM Yatseniuk in rowdy parliament scenes

[Reuters] Turkey says to 'reorganize' military personnel in Iraqi camp