This is what traders are talking about.
Here is what you need to know. 1. Softbank is reportedly holding up a big chunk of its $9.5 billion bailout of WeWork — and it's causing 'lots of anxiety'. Worried investors bid down the price of WeWork's junk bonds, driving their yield and spread to record highs. 2. The world's biggest shipping company warns that the global trade slump is probably here to stay in 2020.
Here is what you need to know. 1. Softbank is reportedly holding up a big chunk of its $9.5 billion bailout of WeWork — and it's causing 'lots of anxiety'. Worried investors bid down the price of WeWork's junk bonds, driving their yield and spread to record highs. 2. The world's biggest shipping company warns that the global trade slump is probably here to stay in 2020.
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