Hedge funds are betting the next bond sector to crack will be the $4.5 trillion market for the safest U.S. corporate debt. Some see evidence of problems that won’t be confined to areas such as energy and junk bonds.
After a tough end to 2015, big companies are starting the new year with a tight rein on capital spending, and in some cases layoffs, seeking to cope with sluggish industrial demand and uncertainties about the American consumer.
Ford Motor will build a new assembly plant in Mexico and sharply increase Mexican factory output, representing the latest shift of investment abroad by a Detroit auto maker after the signing of a costly labor deal.
“Kung Fu Panda 3” remained atop the box office over Super Bowl weekend, while the Coen brothers’ “Hail, Caesar!” and the Jane Austen-monster mashup “Pride and Prejudice and Zombies” followed distantly behind.