junk bonds
It has now been six years since the depths of the Great Recession and the ensuing stock market sell-off. We have not had a 10% correction in the markets in over three years.
Published:
Source: ThinkstockThe Federal Reserve just blinked in Wall Street’s newest game — that is the game of Rate Hike Chicken! After having moved from being patient to including the possibility of a...
Published:
Source: ThinkstockThe world’s economies may have improved since the financial crisis, but now more than ever, the world is drowning in higher and higher debt. A new report from the McKinsey Global...
Published:
One more downgrade, and Russia's government bond rating will be junk. The trend is moving rapidly in that direction.
Published:
The U.S. oil and gas boom was made possible by the extensive credit afforded to drillers, not only from company shareholders and traditional banks, but junk-bond investors.
Published:
It is a rare event that a fund manager's departure can create such strong waves in a market, but many of the key closed-end PIMCO funds are selling off on the news.
Published:
Source: ThinkstockOne of the victims of the recent market trends has been the junk bond, or high-yield, market. Financial media and market pundits have warned that things got too rosy in the sector,...
Published:
After years of bitter court battles with creditors, Argentina has defaulted on its debt, according to rating agency Standard & Poor’s. After failing to come to an agreement with creditors from its...
Published:
Source: ThinkstockStandard & Poor’s has issued a somewhat cautious note on Tuesday covering emerging markets. While many of these international markets have downgrade risks, S&P noted that Russia...
Published:
Source: ThinkstockThe U.S. Census Bureau has released data on year-end pension assets for 2013 from the 100 largest public employee pension systems in the United States. These systems account for...
Published:
Source: ThinkstockIf you invest in high-yield bonds, the so-called junk bond market, Moody’s has a warning for you. The ratings agency issued a report on Wednesday showing that the quality of debt...
Published:
Source: ThinkstockPuerto Rico has started to be referred to as one of the PIIGS of America. The island nation, or protectorate, actually now appears to be conducting a very successful bond offering...
Published:
While the Dow Jones Industrial Average and the S&P 500 Index hit new all-time highs on Thursday, on Friday long-term bond yields challenged their highest levels since summer of 2011.
Published:
Source: ThinkstockIt is almost year-end, and investors have to be planning for 2014 and beyond for their portfolio, their assets and their taxes. Merrill Lynch expects the great rotation trade it...
Published:
Source: Thinkstock24/7 Wall St. has not been covering the junk bond market as much of late because spreads were in a narrow range for quite some time. That was then. The 10-year Treasury note hit a...
Published: