High Yield

The riskiest segments of the corporate fixed income market are experiencing a massive influx of investor capital in recent weeks as traders bet the Federal Reserve will cut interest rates at its September meeting and continue with a swift rate-cut cycle. U.S. corporate bonds rated CCC or lower —...

With interest rates remaining at their highest levels in over two decades, and with U.S. Treasury bonds comfortably exceeding a 4% yield, an increasing number of investors are turning their attention to the realm of corporate bonds. In this landscape, they seek not only promising yield...

The performance of the U.S. corporate bond market in the first quarter of the year was generally flat, though there were notable distinctions between the high-grade and high-yield sectors. Bonds issued by companies with higher credit ratings (BBB and above) experienced a slight downward trajectory...

Fitch Ratings emphasizes that the foremost concern for the global credit landscape remains centered on persistently high inflation and interest rates. The credit rating agency highlighted in its recent Risk Headquarters report that despite a recent decrease in headline inflation rates across the U....

High-yield bonds issued by American and European corporations are considered attractive assets since they offer above-average yields at cheap prices, according to Oaktree Capital Management's most recent credit market outlook. The asset management firm specializing in...

Whether it was uncertainties brought by the COVID-19 pandemic or challenges from rising interest rates, the grocery store industry has proven to be remarkably resilient. But Canada’s New Democratic Party leader Jagmeet Singh is not a fan. “The truth is Loblaws makes $1 million in EXCESS...

A close inspection of the history of S&P 500® options reveals how implied volatility on U.S. equity index options appears to go through periods of elevated volatility (1989-91, 1997-2003, 2008-11 and 2020-to date) interspersed with long periods of exceptionally low average levels of implied...

A common criticism and arguably debunked myth surrounding high-yield corporate bond exchange-traded funds is that liquidity, during times of market stress, can be hard to come by. Simply because some critics hold a particular point of view does not make it accurate, and there have been plenty of...

Friday's trading session saw a large spike in high-yield ETF volumes, resulting in single-day record volume. Tim Anderson of TJM Investments said Friday's trading activity was also an exercise in "sell what you can, if not what you want to." Lotfi Karoui of Goldman Sachs noted that 2015 could be...

The market is currently pricing in a larger, 12-month speculative-grade bond default rate than Moody’s is forecasting. Marty Fridson believes that this disparity is because Moody’s is not accounting for the extreme distress in the energy and metals and manufacturing sectors. The high-...

Many investors continue to hunt for yield in already 'picked' areas of the market. This is pushing prices to uncomfortable highs in sectors such as Master Limited Partnerships, Domestic REITs, some dividend paying stocks, emerging market bonds, and investment grade bonds. Year to date total...

With investors clamoring for yield in a very low interest rate environment high quality dividend payers (which largely lagged the general market for most of the year) have begun to outperform recently. High dividend telecoms, including AT&T (NYSE: T) and Verizon (NYSE: VZ) are up close to 7%...