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Finance & Markets

Traders Brace for Fed Hike With Equities Under Pressure

Bond traders have piled into bearish positions ahead of Wednesday’s Federal Reserve meeting. Bloomberg's Sunny Bangia and Tom Orlik break down the pressures weighing on equities as traders await the Fed's rate decision. (Source: Bloomberg)

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SP Group bonds fail to get a lift as market takes it step by step

Shapoorji Pallonji Group's dollar notes saw little change Tuesday. A potential Tata Sons listing could unlock liquidity for the debt-heavy group.

  • SP Group bonds steady despite potential liquidity boost from Tata Sons stake
  • Market perceives monetization process as lengthy, limiting bond price rally
  • Bonds issued at par with 18.75% yield, used for debt refinancing

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