Jason Parker

Hospital Bonds Pace Top Corporate Gainers in 2012: Canada Credit

Canadian corporate bonds topped government debt last year by the most since 2009, led by gains in public-private partnership securities issued to finance the construction of hospitals.

Canadian Corporate Yield Gap to U.S. Is Widest Since March: Canada Credit

The yield advantage of Canadian corporate bonds over their U.S. counterparts widened to the most since March and may increase further on speculation Europe’s debt crisis will ease.

Rogers, Manulife Boost August Debt Sales to Four-Year High: Canada Credit

Rogers Communications Inc. led Canadian firms selling C$4.05 billion ($3.86 billion) of bonds this month, the busiest August since 2006, paving the way for higher sales through year-end as debt yields plunge.

Currency Swaps Make Selling Bonds Cheaper in U.S. Dollars: Canada Credit

TransCanada Pipelines Ltd. and Canadian Pacific Railway Ltd. sold debt in U.S. dollars yesterday as currency swap rates rose, making it cheaper for Canadian firms to raise money outside the country.

Toronto Airport Bonds Lag Behind as Authority Prepares Sale: Canada Credit

Greater Toronto Airports Authority plans to refinance C$500 million ($512 million) of debt in the next seven months as it seeks to cut borrowing costs amid investor concern that rising oil prices and increased competition will crimp revenue.

Canadian Bank Bonds Sought as Haven in European Debt Crisis: Canada Credit

Bonds sold by Royal Bank of Canada and Bank of Nova Scotia outperformed the debt of lenders in other countries this month as investors sought a haven from the European sovereign-debt crisis.

Corporate Bond Sales Climb to Highest Since April: Canada Credit Markets

Canadian companies led by Bank of Nova Scotia and Sobeys Inc. raised almost C$3 billion ($2.8 billion) selling bonds the first four days of June, the highest weekly total since April.

Yield Spread to U.S. Vanishes in Corporate Bonds on Carney: Canada Credit

Canada is losing its yield advantage over the U.S. in the corporate bond market as the nation’s central bankers signal little desire to match the Federal Reserve in easing monetary policy further.

Corporate Spreads Shrink to 8-Month Low on Profit Outlook: Canada Credit

Corporate bond spreads in Canada have fallen to their lowest levels since May as investors seek higher-yielding alternatives to government securities amid expectations of rising company profits.

Bond Sales Rise to Most Since '07 as Global Issuance Trails: Canada Credit

Bond sales this year by Canadian companies exceeded the totals for 2009 and 2008 and are approaching record levels as companies take advantage of low interest rates to shore up balance sheets.

"Any time you have an increase in oil prices, investors get a little bit cautious."

- Jason Parker on May 24, 2011

Canada

Nova Scotia

Montreal

Late Winter Storm Threatens Heavy Snow for Northern New England

Deauville Zombie Strikes as Cyprus Tax Inflames Crisis

Treasury Yields Drop Most in Three Weeks Amid Concern on Europe

Euro Falls Most in 14 Months as Cyprus Adds Debt Concern

Goldman Sachs, Morgan Stanley Raise 2013 S&P 500 Forecasts