CREDIT SUISSE HIGH YIELD BD (DHY)
US22544F1030
Jitters surface as U.S. junk bonds set annual sales record (NYSEARCA:HYG)
U.S. high-yield bond issuance for 2020 has eclipsed the prior annual sales record of $329.6B set in 2012, according to data compiled by Bloomberg, as companies reap the benefits of the Fed's liquidity-boosting and zero-interest rate policies.The support has effectively turned the industry into a borrower's market, and all-in yields for U.S.
Top Buys by Top Brass: Chief Investment Officer Flannery's $193K Bet on DHY
A company's own top management tend to have the best inside view into the business, so when company officers make major buys, investors are wise to take notice. Presumably the only reason an insider would take their hard-earned cash and use it to buy stock of their company in the open market, is that they expect to make money — maybe they find the stock very undervalued, or maybe they see exciting progress within the company, or maybe both..
'Party from the Fed' prompts junk bond sales record (NYSEARCA:HYG)
Junk issuers have sold $46.7B of bonds so far in June, topping the previous monthly record of $46.4B in September 2013, according to data compiled by Bloomberg.Companies have hurried to build cash war
Marriott deal shows sizzling corporate bond market (NASDAQ:MAR)
Marriott (NASDAQ:MAR) today sold $1.6B in 5-year paper priced to yield 5.75%, reports Bloomberg. The notes are expected to be rated Baa3/BBB-The company had originally hoped to raise $1B at about a 6%
It's risk-on in high-yield after latest Fed move (NYSEARCA:HYG)
Included in the Fed's latest rescue package is its intention to now begin buying ETFs holding high-yield paper as well as direct purchases of paper that's recently been downgraded to junk.That's got t
Moody's cuts outlook on U.S. corporate debt
Moody's Investors Service has lowered its outlook on U.S. corporate debt from stable to negative, saying that a coronavirus recession will result in rising default rates."Government support will c
Guggenheim's Minerd staring to find some value in fixed-income
Guggenheim CIO Scott Minerd says investment-grade and high-yield paper - as measured by their spreads to Treasurys - have only been cheaper than right now less than 10% of the time.Of course that does
Guggenheim's Minerd starting to find some value in fixed-income
Guggenheim CIO Scott Minerd says investment-grade and high-yield paper - as measured by their spreads to Treasurys - have only been cheaper than right now less than 10% of the time.Of course that does
'A black swan like no other' - Moody's goes survivalist on coronavirus
A cornoavirus pandemic would be more of a "black swan" than the global financial crisis, says Moody's Chief Economist John Lonski. And while policymakers could flood the world with freshly min
Investors shun HYG amid shift to 'risk off'
As investors shift to "risk off", they pulled almost $1.4B from the biggest junk bond ETF on Friday, Bloomberg reports.The $18.1B iShares iBoxx High Yield Corporate Bond ETF (HYG -0.8%) is poi
Investors continue to exit popular junk ETF
As investors shift to "risk off", they pulled almost $1.4B from the biggest junk bond ETF on Friday, Bloomberg reports.The $18.1B iShares iBoxx High Yield Corporate Bond ETF (HYG -0.8%) is poi
U.S. junk bond yields hit new lows, returns soar
Junk-bond yields hit a two-year low of 5.43% as returns advanced to a 2019 peak of 12.049%, their best showing since 2016, according to Bloomberg Barclays index data.The debt gained for 13 straight se