South Korea’s consumer inflation quickened as the impact of temporary cuts to communications fees faded and food prices rose, clouding the case for the central bank to lower borrowing costs later this month https://t.co/4eX2ZnwBhZ ...

Kenya’s economy grew slightly faster in the second quarter as lower borrowing costs spurred private-sector credit https://t.co/ScI8bQzbuq ...

Kenya’s annual inflation rate remained below the 5% midpoint of the central bank’s target range for a 16th straight month, boosting the case for another cut in borrowing costs next week https://t.co/PV8YTwZcBX ...

Core Viewpoint - There are several theories explaining why investors are willing to pay a premium for bonds issued by companies like Microsoft and Johnson & Johnson compared to U.S. Treasury bonds [1] Group 1 - The premium for corporate bonds may be attributed to perceived credit quality and stability of the issuing companies [1] - Investors might seek higher yields from corporate bonds as compensation for taking on additional risk compared to Treasuries [1] - Market dynamics, including supply and demand for corporate bonds, can influence pricing and lead to higher valuations [1]

Private Equity Performance - The private equity industry peaked in Q2 2021, with US firms achieving quarterly returns of approximately 135% [1] - Rising borrowing costs, due to the Federal Reserve's actions in 2022, have made deals less attractive, impacting returns and profits for institutional investors [2] - A slowdown occurs as reduced asset sales and returns to investors lead to less capital for future deals [3] Limited Partners & Institutional Investor Sentiment - Limited partners, including pension funds and endowments, are reportedly frustrated with private equity performance [3][4] - Despite frustration, limited partners are hesitant to publicly criticize private equity due to its historical performance as a good asset class [4] - Limited partners prefer to wait and see how the situation develops [4]

From tech behemoths to power producers, companies have pushed US corporate-bond sales to historically high levels this month as firms capitalize on falling borrowing costs and investor demand https://t.co/EbFMtEskvD ...

Hungary’s central bank kept borrowing costs unchanged for a 12th month despite a currency rally https://t.co/KpzC4v6FYI ...

Market Trends - A surge of issuers from mainland China, Hong Kong, and Macau are returning to the offshore public bond market [1] - Companies are capitalizing on low borrowing costs [1]

South Africa’s central bank kept borrowing costs unchanged, even as cooler-than-expected inflation brought policymakers closer to the 3% target at which they now aim https://t.co/7orxPwijYj ...

Nigeria’s annual inflation decelerated for the fifth straight month in August, opening the door for the central bank to potentially begin pruning record high borrowing costs https://t.co/bdLpim3kPK ...