Treasury: Page 30


  • Borrowing costs drop for even riskier companies

    Investors are accepting declining yields as they look for Treasury bond alternatives. 

    By Robert Freedman • July 16, 2021
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    H. Armstrong Roberts via Getty Images
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    3 CFO tips for curbing a pandemic surge in bad debts: Gartner

    Bad debt rose during the pandemic, but companies using sharper customer analysis can identify those firms that can pay and choose not to, Gartner says.

    By July 9, 2021
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    Adeline Kon/CFO Dive
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    Risk management rises to No. 1 accounting priority during pandemic: ACCA

    The coronavirus has compelled accountants to focus more on risk management than ever while highlighting the need to address climate change and other hazards, the Association of Chartered Certified Accountants said.

    By July 8, 2021
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    Anna Hrushka/CFO Dive
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    Business loans 'especially slow' to transition from LIBOR, posing risks: FSB

    U.S. securitizations and business loans need to speed the switch to LIBOR alternatives, the Financial Stability Board said, warning of financial instability.

    By July 7, 2021
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    Fotolia
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    M&A hit record high during first half 2021: Refinitiv

    Deal-making in the U.S. and worldwide rose to unprecedented highs during the first six months of 2021 as buyers took advantage of record-low interest rates, Refinitiv said.

    By July 6, 2021
  • Treasury Secreatry Janet Yellen peers behind her glasses on Capitol Hill.
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    Chip Somodevilla via Getty Images
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    U.S. gains support for 15% minimum global corporate tax from 130 countries

    A 15% minimum global corporate tax will discourage companies from locating headquarters in the lowest-tax nations, according to Treasury Secretary Janet Yellen.

    By July 2, 2021
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    Mark Wilson via Getty Images
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    Inflation to persist above 3% into 2022 as demand exceeds supply: Furman

    Rising demand will confront supply bottlenecks and weak labor participation, fueling inflation in the months ahead, former White House economist Jason Furman said.

    By July 2, 2021
  • Getting EBITDA and free cash flow right in credit deals

    These non-standardized measures are important, but because they mean different things to different people, they should be used carefully in credit raises and other contexts. 

    By Robert Freedman • June 30, 2021
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    Mark Wilson via Getty Images
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    Market volatility may rise on absence of clear LIBOR alternative: Fitch

    A plan to wind down the use of LIBOR at the end of 2021 may lead to market instability because several reference rates are “vying” to become its successor, Fitch Ratings said.

    By June 30, 2021
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    H. Armstrong Roberts via Getty Images
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    SPACs will rebound in wake of tougher oversight: Duff & Phelps

    Stricter regulation will likely bolster investor confidence and spur a resurgence in SPACs, Duff & Phelps said.

    By June 25, 2021
  • Gary Gensler
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    Alex Wong via Getty Images
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    Gensler says alternative to LIBOR poses risk of manipulation

    SEC Chair Gary Gensler warned of risks in replacing LIBOR with the Bloomberg Short Term Bank Yield Index.

    By June 23, 2021
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    Loan default rate forecast falls as economy emerges from pandemic: Fitch

    The receding pandemic and brighter prospects for some troubled sectors prompted an improved outlook for the default rate for leveraged loans, Fitch Ratings said.

    By June 22, 2021
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    Joe Raedle via Getty Images
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    Whistleblower plan to catch corporate tax cheats gets bipartisan push

    Republican and Democratic senators seek to narrow the $630 billion annual tax gap by putting teeth into the IRS whistleblower program.

    By June 18, 2021
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    Chip Somodevilla via Getty Images
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    Fed forecasts higher inflation while sustaining record stimulus

    Federal Reserve officials increased their forecasts for inflation while holding the benchmark rate at a record low and pushing forward with monthly bond purchases.

    By June 16, 2021
  • Treasury Secreatry Janet Yellen peers behind her glasses on Capitol Hill.
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    Chip Somodevilla via Getty Images
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    LIBOR regulators warn of risks of using rates other than SOFR

    Regulators urged companies to replace LIBOR with SOFR, warning that other alternative reference rates pose risks of financial instability.

    By June 14, 2021
  • Consumer Prices Climb Higher Than Expected For January
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    Joe Raedle via Getty Images
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    Surging inflation may herald start of long-term price trend, economists say

    Long-term forces, such as aging populations and a pullback in globalization, will likely stoke inflation for decades, reversing a trend of slow price gains, economists say.

    By June 10, 2021
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    Companies get more options in private credit market

    The industry showed resilience in the pandemic by helping borrowers renegotiate loan terms.

    By Robert Freedman • June 10, 2021
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    Dan Kitwood via Getty Images
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    Regulator calls for sunsetting LIBOR in some interest rate swaps in July

    A Commodity Futures Trading Commission subcommittee urges a switch in interdealer trading of interest rate swaps from LIBOR to SOFR on July 26.

    By June 9, 2021
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    Mark Wilson via Getty Images
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    Opinion

    3 strategies to create a cash culture

    An estimated $2.5 trillion is tied up in working capital at companies across Europe and the United States. Freeing up that cash could help CFOs reach strategic capital allocation goals.

    By Peter Kingma • June 9, 2021
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    Joe Raedle via Getty Images
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    SPAC lawsuits surge over disclosure claims: attorney

    Securities and Exchange Commission guidance on SPAC disclosures has spurred a rise in litigation in New York State courts — almost 40 in the past six months.

    By June 8, 2021
  • Federal Reserve building in Washington, D.C.
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    Chip Somodevilla via Getty Images
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    Fed selling of corporate bonds may cause debt issuance 'hiccups': Moody's

    A Federal Reserve plan to sell corporate bonds and wind down an emergency credit program won’t significantly alter valuations but signals a change in sentiment, Moody’s Analytics said.

    By June 4, 2021
  • Pharmaceutical Executives Testify At Senate Finance Committee Hearing On Drug Prices
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    Win McNamee via Getty Images
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    AbbVie used 2017 law to lower taxes to 9.5% from 20%: investigation

    The Senate Finance Committee announced an investigation into the pharmaceutical company's global tax practices as Biden pushed a broad effort to boost corporate tax revenue.

    By June 3, 2021
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    Alexander Koerner via Getty Images
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    Deep Dive

    5 CFO tips for limiting harm from inflation

    Amid signs of rising inflation, economists and financial executives suggest ways that CFOs can buffer against the damage from unstable prices.

    By June 2, 2021
  • Deforestation in Canada's Boreal forest for paper products
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    Courtesy of NRDC
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    Nearly 40% of large companies pose biodiversity threat: Moody's ESG study

    A Moody’s study aimed at measuring “biodiversity risks” in investment and lending portfolios found that 38% of 5,300 global companies operate at least one facility causing loss of habitat.

    By May 28, 2021
  • Gary Gensler
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    Alex Wong via Getty Images
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    Gensler pledges tough SEC scrutiny of SPACs, warning of fraud risk

    The SEC will “closely look” at each stage of SPAC financing to ensure adequate investor safeguards, Chair Gary Gensler said in congressional testimony.

    By May 27, 2021