◀ The Principal Blog

Posts by Seema Shah, Strategist, Principal Global Fixed Income

Central banking: The New Era



Rate normalisation is the phrase on everyone’s lips. Well, maybe not everyone’s…some people have just been saying “higher interest rates.” Currently, the United States and the UK look like they going to be the pathfinders, striding toward rate hikes while several other major central banks…

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Moody’s Mellows on Irish Debt – Will the Emerald Isle Stay on Track?



Last week, ratings agency Moody’s finally did the right thing and upgraded Ireland’s sovereign debt rating from Baa3 to Ba1; that’s back up to investment grade and in line with the ratings from Fitch and S&P. Moody’s had been the only rating agency to originally decide…

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