There's little debt capital markets activity because most companies have restructured their balance sheets.
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This yield is usually volatile and strongly dependent on the debt capital markets globally.
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Once-feeble units, such as debt capital markets, have even gained an air of respectability.
Incidentally, White joined Credit Suisse just last year from Morgan Stanley, where he was head of debt capital markets.
The increasing demand for high-yield investment options among investors has resulted in strong growth in global debt capital markets issuance.
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Morgan's head of debt capital markets in Asia, excluding Japan, said he tells clients who are ready to issue debt.
And U.S.-based Jefferies is also looking to crack the Asian debt market by hiring Royal Bank of Scotland's Asia head of debt capital markets Augusto King.
But Marcus Hiseman, the head of European corporate-debt capital markets at Morgan Stanley, says there is increasing demand from other companies, which need somewhere to put their cash piles.
Masanori Azuma, head of debt capital markets at Nomura, compared it to a "bazooka" shot of easing that likely means yields on Japanese government bonds, while still near record lows, can only go up from here.
Mark Follett, head of the firm's high-grade debt capital markets desk for Asia excluding Japan, says that is because many Chinese companies plan to tap the bond market and diversify their funding from a heavy reliance on bank loans.
"Hong Kong is still the major center, but this has gone beyond Asia, " said Augusto King, Royal Bank of Scotland's co-head of debt capital markets in Asia, talking about investors' interest in dim-sum bonds, also known as CNH bonds, where the "H" stands for Hong Kong.
Beijing could issue more debt, and local governments could gradually be allowed to tap the capital markets for more debt financing instead of relying on the center.
For instance, if the company looks to raise capital in debt or equity markets in the future, the new structure would allow investors to derive different growth and cost of capital assumptions leading to a higher combined valuation.
Large companies just as well prefer tapping the capital markets for debt rather than go after commercial lenders.
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In addition, we recently took advantage of the attractive debt markets to raise capital at Starz, and we have more opportunities to deploy it at a combined Liberty Media.
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And uncertainty around Greece and their ability to pay their debts runs on -- in the capital markets -- on the debt that many of these southern European countries have been facing, as well as Ireland and Portugal.
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With Greece on its way to see debt exceed 160% of GDP, a return to capital markets is practically impossible.
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The company decided to discontinue its dividend in 2012 in order to pay down debt and strengthen its balance sheet, according to RBC Capital Markets.
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They should vary the capital structure as their businesses change and markets prefer debt or equity, or a interest rates fluctuate.
Modern, global capital markets have never seen a rise in public debt so fast or so skewed towards the rich world.
Japan's situation is even worse because its primitive capital markets make businesses far more dependent on bank debt than they are in any other advanced country.
We forecast earnings in the sales and trading division by looking at the assets deployed in the equity and debt markets and the yield the bank earns on this capital.
The expansionary monetary policies pursued by Japan as well as the U.S. and European nations have thus far not been accompanied by fiscal reforms required to halt deficits and the accumulation of debt, or the fundamental structural reforms required in labor and capital markets to restore long term economic growth.
Argentina has been largely shut out of international capital markets since 2001, when it declared the largest sovereign-debt default ever.
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It's another example of how the current debt crisis is affecting all corners of the financial markets, including the niche world of venture capital.
The amounts they raise on global capital markets are pretty trivial: less than 2% of South Korean and Singaporean government debt is denominated in foreign currency, for example.
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South Africa, with a strong economy, provides attractive fixed-income opportunities while India, with a massive need for infrastructure investment, is a hard market to access given relatively under-developed capital markets. (Read: No Credit Bubble In Brazil, Just Dangerous Consumer Debt Burden).
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Unfortunately, the Two Headed Dragon business often finds itself failing because it cannot service its debt burden, due to the lack of cash flow coupled with the fact that it frequently loses access to the capital markets.
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