Mongolian Bonds Take a Beating Amidst Emerging-Markets Chaos
Mongolia, the large but sparsely inhabited Asian nation sandwiched in between Russia and China, offered its first government bond globally in 2012 at the height of the worldwide products boom. 3 years on, it is amongst the nations hardest hit amid …
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To The Peabody Energy Unsecured Bond Faithful
As everybody who has been following Peabody Energy (NYSE: BTU) and in certain Peabody Energy bonds understands, I have been the chief cheerleader and bond bull. Provided the recent price action, what I describe as “”puking”or capitulation, where a small …
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