As central banks break the junk debt barrier, investors will follow

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(Reuters) – Recent central bank bond-buying to calm market turmoil has breached the wall dividing top-grade debt from so-called junk-rated issues, raising the likelihood of the investment industry and even regulators eventually dismantling the barrier.

FILE PHOTO: George Washington is seen with printed medical mask on the one Dollar banknotes in this illustration taken, March 31, 2020. REUTERS/Dado Ruvic/Illustration/File Photo

Central banks had until recently baulked at buying sub-investment grade debt — which is rated BB+ or lower — in their emergency programmes or accepting it as collateral, given the higher risk of default.

But with the coronavirus crisis roiling

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Why Brent oil won’t follow U.S. WTI futures below zero

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LONDON (Reuters) – Brent oil futures are set for extreme volatility when the front-month June contract expires next week, but they will avoid the historic plunge below zero that U.S. peer WTI has suffered, traders and analysts said.

FILE PHOTO: A pump jack operates in the Permian Basin oil production area near Wink, Texas U.S. August 22, 2018. Picture taken August 22, 2018. REUTERS/Nick Oxford

West Texas Intermediate futures CLc1 turned negative for the first time ever on Monday, touching a low of minus $40.32 a barrel before closing at minus $37.63 a barrel.

The frenzied selling was driven by

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The White House is watching these next coronavirus ‘hot spots’ to follow NY and NJ

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Medical workers bring in patients at a special coronavirus intake tent at Maimonides Medical Center in Borough Park section of Brooklyn which has seen an upsurge of coronavirus patients on April 02, 2020 in New York City.

Spencer Platt | Getty Images

Some 35% of all coronavirus tests administered in New York and New Jersey have been positive, indicating a serious outbreak in both states, White House coronavirus advisor Dr. Deborah Birx said Thursday.

“That confirms very clearly that that’s a very clear and important hot zone,” she said at a White House press conference. 

As states ramp up testing,

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High 50 Enterprise Information Web sites To Follow In 2019

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Business news,Business daily,Business ideas,Business insider,Business letter,Business line,Business plan,Business proposal,Business times,Business world,Online businessEvery little thing that you have to know to start out your own enterprise. This can be an excellent jumping-off level for coming up with one of the best enterprise ideas. Many individuals wish to come out of the gates with a kick-ass advertising and promotion technique. Business ideas that may be life changing – and I assure an entire lot higher than the first concept of most major companies. I began my IWearYourShirt enterprise with a $a hundred and fifty Flip Video Camera and about $one hundred in plastic hangers.

Help them to turn their marvelous insights into cash … Read More