Municipal market technicals were already driving performance and so the strong quality bid has deepened the rally across the curve as the asset class really didn’t need to grab the U.S. Treasuries coattails all that tightly.
Goldman Sachs warns that U.S. businesses will not see earnings growth in 2020, as a result of the coronavirus. We check in with dealmakers on the potential impact on mid-market M&A. Arsenal buys healthcare search and communications firm. Audax, HarbourVest and Genstar named top three most active PE firms in U.S. deals.
As the COVID-19 virus spreads globally, many U.S. financial institutions are said to be taking steps to protect employees and minimize disruption. But only a handful are sharing specifics, to avoid contributing to any public panic.
Municipal bond yields were unchanged at record low levels, according to late reads.
Attention is focused on the impact COVID-19 may have on economic growth in the United States in the short and long term.
Mortgage application volume rose last week, but with the 10-year Treasury yield tanking in recent days, growth in refinancings for the current period is quite likely, according to the Mortgage Bankers Association.
Stock market volatility underscores fears of global shortages of manufactured goods due to the coronavirus. We check in with dealmakers on the potential impact. Corsair Capital raises fifth fund. Audax, HarbourVest and Genstar named top three most active PE firms in U.S. deals.
JPMorgan would consider buying other businesses; collectors would be allowed to pursue debt past the statute of limitations, if they warn borrowers.
As COVID-19 fears run rampant, investors continued to sell off equities, resulting in muni yields again following Treasury yields down to all-time lows.
Audax, HarbourVest and Genstar ranked as the top three most active private equity firms in 2019, based on the volume of completed deals in the U.S., according to PitchBook. Cornerstone buys talent software firm. Searchlight and Forgelight purchase stake in Unvision. Intuit's Credit Karma acquisition is official. More deal news from IOP and Mondelēz.