Apple offers high-yield savings to card customers as deposit competition heats up
NEW YORK (Reuters) – Apple Inc is seeking to attract U.S. savers with a new high-yield deposit account it announced on Monday with partner Goldman Sachs Group Inc amid increased competition among…
U.S. high-yield bond funds draw cash as recession fears ebb
By Patturaja Murugaboopathy (Reuters) – U.S high-yield bond funds are attracting heavy investments, a turnaround from the selloffs of the first half of this year, as investors bet that the Federal Reserve…
Japan banks target growth in cooling U.S. high-yield debt market
By Makiko Yamazaki and Yuki Nitta TOKYO – When Japan’s biggest banks helped finance a $34 billion deal last year for medical supply maker Medline, one of the largest leveraged buyouts since…
Goldman says China high-yield developers’ default rate understates stresses
SHANGHAI – Chinese high-yield property issuers have by one measure defaulted on nearly a quarter of their outstanding bonds this year, Goldman Sachs analysts estimated, highlighting liquidity stress as Beijing looks to…
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