Scottish ministers could soon have the power to issue their own bonds, chief secretary to the UK Treasury, Danny Alexander, is set to tell the Glasgow Chamber of Commerce today.
Franklin Templeton's Michael Hasenstab has said there will be no Armageddon in the eurozone, and urged investors to take advantage of short-term market inefficiencies.
Fixed income managers using credit default swaps as hedges are exposing themselves to 'very dangerous positions' due to price dislocation between the derivatives and the underlying market, said Kames Capital's Stephen Snowden.
Credit rating agency Moody's has downgraded 15 financial institutions overnight, including major UK and US banks.
J.P. Morgan has created a $100bn new multi-asset unit which will see a restructure of the firm's global fixed income team.
Legal & General Investment Management's bond manager Richard Hodges expects the Federal Reserve to unveil another round of Operation Twist later today.
Henderson Global Investors' bond fund manager John Pattullo said the current crisis in Spain will result in Spanish bank bondholders taking severe haircuts, after a similar scenario in Ireland last year.