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Treasuries fall behind company debt as Pimco pursues credit

  Washington / Bloomberg Treasuries are falling behind corporate bonds in a reversal from last year, as the US economy shows signs of improvement and oil prices stabilize following a rout. Investors are willing to accept as little as 216 basis points of extra yield to buy company debt instead of Treasuries, the smallest spread in more than a year, ...

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Germany’s $1.8bn wind farm draws Swiss partners

  Berlin / Bloomberg The 1.6 billion-euro ($1.8 billion) Merkur offshore wind project in the German North Sea reached financial close with funding from European and US investors. Switzerland-based Partners Group Holding AG invested 250 million euros for 50 percent of the project, according to a statement on Friday. InfraRed Capital Partners Ltd.’s Infrastructure Fund III committed took a 25 ...

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Ruble leads emerging market rally

  Bloomberg The ruble advanced the most in emerging markets and the cost of insuring Russian debt against default dropped as calls for an easing of tensions in Crimea allowed investors to focus on the rally in oil. The currency climbed 0.7 percent as Germany said it’s suggesting ways to address a renewed confrontation between Russia and Ukraine. The advance ...

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