Convertible Bonds Lead Debt Gains Amid Yuan Bets: China Credit

Convertible Bonds Lead Debt Gains Amid Yuan Bets: China Credit China’s convertible debt is outperforming the rest of the bond market, rising 11 percent this quarter, as stocks rally and the yuan strengthens. Read more on BusinessWeek

FHA Raises Premiums, Down Payments Amid Mortgage Delinquencies

FHA Raises Premiums, Down Payments Amid Mortgage Delinquencies The cost of a government-guaranteed mortgage will be more expensive for U.S. homebuyers as the Federal Housing Administration raises insurance rates and tightens credit-score rules to combat a rise in delinquencies. Read more on BusinessWeek