News Paper Summary Essay Example | Topics and Well Written Essays - 500 words - 4

News Paper Summary - Essay Example They further project the net U.S. farm income to fall by 27% to $95.8 billion. The article concentrates on investors who are selling jumble bonds resulting from fears of fresh interest rates and geopolitical turmoil. Borrowers have reacted by delaying debt sales and negating scheduled deals. Investors doubt adding to their holdings resulting from the Federal Reserve winding down the monthly stimulus. According to analysts, investors are not being compensated the risk in high-yield bonds effectively. They further state that investors sell the high-yield bonds because the look expensive and their performance have been weakening. Investors have responded by steering clear of high-yield exchange-traded funds because of rising worries about how they will fare in a slump. Financial firms are planning an exit strategy for Argentina, which is involved in a legal stalemate with some hedge-funds bondholders that intend to rug the country into default. Argentina, Wall Street best client for the past 10 years, is receiving several deals from banks, but none has won the approval of Argentine officials. Banks stand to benefit greatly at a time when revenue is under pressure from soft economic growth, stiffer rules, and regulatory review. Negotiations with banks are on a standstill following a ruling by the U.S. Supreme Court that the country might be on the danger of breaking a clause in its bonds that capacities equal treatment to all bondholders. The officials refused to negotiate with the holdouts claiming they refused to accept the reformations that most bondholders had agreed to. The country faces $14.5 billion claim from bondholders, but the country project to raise billions of dollars through bonds to repay the holdouts. AbbVie seeks to expand its stock in a deal worth $54 billion by acquiring Shire PLC. The firm compares it