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Dish Bondholders Sue Struggling Company Over Asset Transfers

Bondholders of struggling <-bsp-bb-link state="{"bbHref":"bbg://securities/56938Z%20US%20Equity","_id":"0000018f-1d28-d583-afbf-dffcd4e70000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Dish Network Corp. sued the satellite-TV provider, demanding it unwind transfers that they said put valuable assets out of the hands of creditors and violated lending terms.

Millennium Slams Jane Street ‘Gamesmanship’ in Secrets Case

<-bsp-bb-link state="{"bbHref":"bbg://securities/2878538Z%20US%20Equity","_id":"0000018f-1bf5-d583-afbf-dbfd44d00000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Millennium Management accused <-bsp-bb-link state="{"bbHref":"bbg://securities/1087299D%20US%20Equity","_id":"0000018f-1bf5-d583-afbf-dbfd44d00001","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Jane Street Group of playing games by not fully disclosing the proprietary trading strategy it claims was stolen by two former traders who joined <-bsp-person state="{"_id":"0000018f-1bf5-d583-afbf-dbfd44d00002","_type":"00000160-6f41-dae1-adf0-6ff519590003"}">Izzy Englander’s hedge fund group.

UBS Weighs Synthetic Risk Transfer Amid Capital Boost Proposals

<-bsp-bb-link state="{"bbHref":"bbg://securities/UBSG%20SW%20Equity/FA","_id":"0000018f-1b88-d583-afbf-dbdc162d0000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">UBS Group AG is considering bringing a synthetic credit risk transfer to the market, according to people with knowledge of the matter, amid Swiss reform proposals that could see the bank face higher capital requirements.

Inflation Optimists, Prepare to Be Disappointed: Jonathan Levin

Following a hot quarterly inflation print on Thursday, investors learned from the monthly numbers that most of the heat came at the start of the year. Yesterday’s news, in other words. Still, it’s become clear that markets may have to brace for a few more months of disappointment, and that the data will probably keep the Federal Reserve’s policy rate at its current 5.25%-5.5% for most of 2024.

Muni Regulator Flags Risks of Buying Build America Bonds

The municipal-bond market’s regulator published a note highlighting the risks of buying Build America Bonds that are trading at more than 100 cents on the dollar, which expose investors to potential losses as governments increasingly buy them back under refinancings.

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