Full coverage: Bonds

Four significant media and entertainment investors used a complex Berlin bond tax scheme to essentially wipe massive sums off their tax bills. Now, in a major decision, the High Court has ruled in their favour.

The farmer-owned co-op is regaining full control of Glanbia’s Irish operations in a €300m deal. This will now be largely funded by debt secured on the group’s listed shares, reducing the need to sell under-valued stock.

As the Trump administration continues along the path of deficits-financed economic expansion, the question that investors must start asking is at what point will debt supply start exceeding debt demand, even with the Fed continuing to throw more cash on the fiscal policies bonfire?

The markets are continuing to ignore the build up of the new debt bubble. Trouble is looming.