| 单词 | high-yield bond |
| 例句 | He loved the work and the money, but his wife, Katy Steward, recoiled at the prospect of 40 years of dinnertime stories about stock swaps and high-yield bonds. Can Britain’s Top Bookseller Save Barnes & Noble? 2019-08-08T04:00:00Z Now when Brendon talks about what he’s learning, like high-yield bond spreads or what contango means for commodity prices, it’s still Greek to me, just a different kind. Modern Love: Is the Husband Going to be the Problem? 2010-08-12T23:00:00Z Investors offloaded high-yield bond funds of a net $2.6 billion in their biggest weekly net disposal since Feb. 22. US equity funds see biggest weekly outflow in three months 2023-09-29T04:00:00Z They attributed the drop to outflows from emerging market debt funds, high-yield bonds, and from developed markets long-only investors offsetting record long hedge fund position in 2-year Treasuries. Investors shed stocks at fastest weekly rate in 2023 2023-09-22T04:00:00Z Meanwhile, high-yield bond funds obtained $696 million, staying in demand for a second successive week. US equity funds see outflows for sixth week in a row 2023-09-08T04:00:00Z A case in point is the high-yield bond mania at the end of the 1980s, or more recently with mortgage-backed securities just before the global financial crisis. Tackling money shame: Personal finance advice from top TED Talks 2023-08-15T04:00:00Z Global high-yield bond funds received a net $2.97 billion, the biggest amount since April 5. Global equity funds see first weekly outflow in four weeks 2023-07-21T04:00:00Z If a recession hits the price of high-yield bonds this will widen the difference between highly rated investment-grade bonds and riskier peers, she added. How hedge funds plan to trade the second half of 2023 2023-06-30T04:00:00Z Within the European high-yield bond market, real estate was the sector facing the greatest pressure and accounted for over half of all European high-yield distressed debt, Deutsche said. Default wave imminent, will peak in 2024- Deutsche Bank 2023-05-31T04:00:00Z Global government bond funds drew a fifth weekly inflow, worth $3.85 billion, while high-yield bond funds received $649 million worth of inflows, marking their first weekly net buying in four weeks. Global money market funds attract heavy inflows as US debt ceiling looms 2023-05-26T04:00:00Z Fund managers advise shunning high-yield bonds, despite their attractive yields, because of the risk these bonds could be hit by ratings downgrades, defaults and a squeeze in company earnings. Investors shun high-yield bonds on recession, banking risks 2023-03-16T04:00:00Z Credit spreads for both investment-grade and high-yield bonds have been tightening in recent months, and more so this month, as lower inflation prints raised hopes of a pivot in the Federal Reserve's current hawkish policy. Analysis: U.S. corporate bond rally stumbles on 'Goldilocks' skepticism 2023-01-25T05:00:00Z "This deal reopened the dormant China property and high-yield bond market, and received an active and positive reaction," it added. Wanda raises $400 mln in dollar bonds in milestone for China property sector 2023-01-13T05:00:00Z Danielle Pizzo, chief strategy officer at Schonfeld Strategic Advisors, which manages allocation to multiple strategies, also aims to focus more on investment grade and high-yield bonds this year as well as commodities. Analysis: Global hedge funds plan 2023 around inflation risk 2023-01-04T05:00:00Z Federal Reserve, whose aggressive rate rises this year have also hammered high-yield bonds by causing spreads to widen. Investors see returns in depressed Asian dollar bonds, but risks too 2022-12-14T05:00:00Z The demand for high-yield bonds has faltered since February due to a rise in U.S. Investors shun high-yield bonds on recession, banking risks 2023-03-16T04:00:00Z U.S. investors purchased high-yield bond funds of $318 million and government bond funds of $1.06 billion in their biggest weekly net purchase since Nov. 16. U.S. equity funds register biggest weekly outflow in about 1-1/2 years 2022-12-09T05:00:00Z Unlike the big banks, Rothschild & Co does not offer financing through its own balance sheet or high-yield bonds. JP Morgan Swiss head Bossart moves to Rothschild & Co 2022-09-29T04:00:00Z Jeremy Burton, portfolio manager for high-yield bonds and leveraged loans at asset manager PineBridge Investments, said this will be an adjustment many companies will struggle with. Analysis: Overstretched U.S. companies feel pinch of higher borrowing costs 2022-09-20T04:00:00Z Macau gaming and Indian renewables are the preferred high-yield bonds for some, who saw favourable policies for the sector. Investors see returns in depressed Asian dollar bonds, but risks too 2022-12-14T05:00:00Z The yield spread between the BofA high-yield bond index and the U.S. 10-year Treasury bond has risen to more than 500 basis points for the first time since October. Investors shun high-yield bonds on recession, banking risks 2023-03-16T04:00:00Z The recent rise in issuance has been aided by four consecutive weeks of cash flowing into funds that buy U.S. high-yield bonds, the longest streak in nearly a year. Junk Bonds Stage a Comeback as Investors Regain Risk Appetite 2022-08-19T04:00:00Z So far in August, U.S. high-yield bond ETFs increased by $2.18 billion, the data showed. U.S. high-yield bond funds draw cash as recession fears ebb 2022-08-11T04:00:00Z Outflows from high-yield bond funds have accelerated, and direct lenders — hedge funds and other investment firms that lend money to companies — have been demanding stricter terms. Reconsidering Privacy Risks After Roe 2022-06-30T04:00:00Z And this week alone, investors withdrew $6.6 billion from funds that buy U.S. high-yield bonds, making it the worst week for corporate bonds since March 2020. Tracking Fear on Wall Street 2022-06-17T04:00:00Z The Federal Reserve’s plan to tighten financial conditions to fight inflation has weighed on U.S. credit markets this year, causing a sharp selloff across investment-grade and high-yield bonds, as well as government debt securities. Analysis: Leveraged loans hit turbulence, but investors still see long-term outperformance 2022-05-13T04:00:00Z “The outstanding these companies hold accounts for a sizable portion of the total Chinese property high-yield bonds and they are widely held by investors including some passive funds,” said one of the executive. Chinese developer Sunac misses bond coupon payment as grace period ends-sources 2022-05-11T04:00:00Z U.S. high-yield bond funds witnessed a cumulative outflow of $52.25 billion in the first half of this year, as the U.S. central bank raised its interest rates aggressively to tame soaring price pressures. U.S. high-yield bond funds draw cash as recession fears ebb 2022-08-11T04:00:00Z The standout niches, each returning about 5 percent on the year, held bank loans and high-yield bonds. After Another Great Year for Stocks, Peril Lingers 2022-01-14T05:00:00Z In contrast was Asia, where property firm Evergrande’s woes battered Chinese high-yield bonds. Tumultuous year in bond markets draws to a close 2021-12-21T05:00:00Z Martin added that with three straight months of losses in high-yield bonds, some investors may have decided to lock in profits after a good year. Investors flee U.S. corporate junk debt on inflation, Omicron concerns 2021-12-02T05:00:00Z Some of the most popular ETFs track things like the S&P 500 index of big U.S. stocks, the price of gold or high-yield bond indexes. First ETF linked to Bitcoin is set to make its debut 2021-10-18T04:00:00Z Some fund managers said high-yield bonds also helped to diversify portfolios and had provided some safety meaning many firms issuing junk bonds had stronger balance sheets. U.S. high-yield bond funds draw cash as recession fears ebb 2022-08-11T04:00:00Z Chinese developers face more than $500 million in coupon payments on their high-yield bonds before the end of this month. China central bank says Evergrande debt woes are manageable 2021-10-15T04:00:00Z They tend to have a shorter portfolio duration — often measured in just a few months — than high-yield bond funds. Surging Inflation and Volatile Bond Prices Are Challenging Investors 2021-10-08T04:00:00Z Margaret Patel, a senior portfolio manager of equity and fixed income funds at Wells Fargo, said Fed tapering should benefit high-yield bonds because it implies a stronger economy that will result in fewer corporate defaults. Wall St Week Ahead Fed's coming taper fans talk of renewed 'reflation' trade 2021-09-24T04:00:00Z On the other hand, U.S high-yield bond funds saw outflows of $1 billion. U.S. equity funds see biggest outflow in six weeks -Lipper 2021-07-23T04:00:00Z "We are maintaining our underweight position on high-yield bonds until we see more evidence that the Fed is closer to the end of its tightening cycle and the risk of a recession subsides." U.S. high-yield bond funds draw cash as recession fears ebb 2022-08-11T04:00:00Z U.S. high-yield bonds witnessed outflows worth $1.6 billion, the most in four weeks. Inflows into U.S. bond funds dip on inflation jitters, Lipper finds 2021-07-16T04:00:00Z Global high-yield bonds witnessed net selling of $1.43 billion, the biggest in four weeks. Global equity funds see biggest inflows in three weeks - Lipper 2021-06-18T04:00:00Z Should the race appear tight in battleground states such as Florida and Pennsylvania, he expects high-yield bonds to underperform and the yen and Swiss franc to rally. Analysis: Investors brace for another wild ride on U.S. Election Night 2020-11-03T05:00:00Z Other big movements in investment flows this week included high-yield bond funds suffering their largest outflows since March, losing $5.4 billion. Investors pull $25.8 billion from U.S. equity funds: BofA 2020-09-25T04:00:00Z "Less severe recessions cause less stress on corporate cash flows and thus fewer defaults of riskier high-yield bonds." U.S. high-yield bond funds draw cash as recession fears ebb 2022-08-11T04:00:00Z Blokland’s firm is betting against U.S. stocks while holding positions in high-yield bonds, commodities and the euro. Fear factor: Investors rush into gold and other havens as stocks near highs 2020-07-22T04:00:00Z A high-yield bond sounds like a perfect investment combining gushing income with solid reliability. High-Yield Bonds Have Been Behaving a Lot Like Stocks 2020-07-09T04:00:00Z While still technically investment-grade at that time, Carnival’s US$4bn secured debt offering was marketed as high-yield bonds and featured a covenant package to match. Carnival seeks first leveraged loan to shore up liquidity 2020-06-25T04:00:00Z And while investors have rushed into investment grade and high-yield bonds, some have lightened their positions in Treasuries. Bonds falter as blazing stock rally lures investors 2020-06-05T04:00:00Z The Fed also said it would buy exchange-traded funds that hold high-yield debt, while the European Central Bank may also eventually adopt outright purchases of high-yield bonds. As central banks break the junk debt barrier, investors will follow 2020-05-06T04:00:00Z With the coronavirus pandemic threatening to trigger a surge in corporate loan defaults, borrowers and investors in so-called covenant-lite loans and high-yield bonds with weak protection for creditors are taking stock fast. The devil's in the detail for junk debt investors facing coronavirus defaults 2020-04-30T04:00:00Z This year, high-yield bonds, like so many other assets, were shaken by the coronavirus. High-Yield Bonds Have Been Behaving a Lot Like Stocks 2020-07-09T04:00:00Z In early April, the Fed announced that it would extend its support to high-yield bonds as well. Bonds Started to Falter. Then, the Fed Came to the Rescue. 2020-04-16T04:00:00Z Closed-end high-yield bond funds fell on Wednesday - some by nearly twice as much as the broader high-yield market - as investors wary of risk pulled out of the leveraged products. Corporate credit risk heightens as coronavirus impact spreads 2020-03-12T04:00:00Z The financier pioneered the issuance of high-yield bonds for companies that didn’t have access to capital through traditional Wall Street channels, which earned him the title “junk bond king.” Michael Milken's Beverly Hills conference postponed til July amid coronavirus fears 2020-03-06T05:00:00Z A White House statement on Tuesday praised Milken as "one of America's greatest financiers" and touted his "use of high-yield bonds in corporate finance." “Corruption fighter” Trump unleashes a torrent of pardons for rich guys convicted of corruption 2020-02-18T05:00:00Z But if you owned high-yield bonds in March, when their value sank on pandemic fears, you got a rude reminder that, in times of stress and panic, these bonds can skitter and dive like stocks. High-Yield Bonds Have Been Behaving a Lot Like Stocks 2020-07-09T04:00:00Z She also said the firm was not investing in high-yield bonds and considering future bets on distressed companies. RockCreek CEO looks for profit in renewables, affordable housing 2019-11-06T05:00:00Z The worry was at the riskier end of the fixed-income space, including high-yield bonds, leveraged loans and emerging markets debt, Adrian said. Corporate credit risk heightens as coronavirus impact spreads 2020-03-12T04:00:00Z Seven of the top 10 most traded bonds on the U.S. corporate market on Monday were energy company issues, as were seven of the top 10 most traded high-yield bonds. Beleaguered U.S. energy shares soar after attacks on Saudi facilities 2019-09-16T04:00:00Z It is likely to avoid signaling any move to cut rates until it is ready to deliver, predicted Bruce Monrad, a high-yield bond portfolio manager at Boston-based Northeast Investors Trust. Fed likely to resist pressure to cut U.S. rates this week 2019-06-17T04:00:00Z Whether it is Treasuries or investment-grade bonds or high-yield bonds, they have all been on winning streaks. Instant view: U.S.-China trade talks end with deal uncertain 2019-05-10T04:00:00Z Attending will be former colleagues from the investment bank, who remain loyal even though Drexel went bankrupt after the insider trading investigation and a sharp downturn in the high-yield bond market. Milken conference celebrates capitalism amid a rising tide of inequality 2019-04-27T04:00:00Z Of even greater importance for stocks and high-yield bonds, the outlook for corporate profits - the fundamental driver in both markets - is weakening. Junk bonds suggest U.S. stocks may have further to run 2019-04-03T04:00:00Z The compensation paid to high-yield bond investors for holding riskier securities, which had widened to 5.357 percent over Treasuries on Jan. 3, has narrowed by 108 basis points since, according to ICE BofAML indexes. U.S. junk bonds are back, for now 2019-02-03T05:00:00Z That’s one reason why those in polite company tend to use the term “high-yield bonds” instead of junk bonds. Corporate debt glossary: A look at some terms 2018-12-14T05:00:00Z That’s one reason why those in polite company tend to use the term “high-yield bonds” instead of junk bonds. Corporate debt glossary: A look at some terms 2018-12-14T05:00:00Z Liu also announced measures to aid private-run businesses, saying the regulator would support the issuance of high-yield bonds and other debt instruments by small and medium-sized companies. China's regulators rush to rally market confidence, boosting shares 2018-10-19T04:00:00Z A decade ago, for instance, high-yield bonds began their rise from the financial crisis more than two months before the S&P 500 and the Dow Jones Industrial Average found their bottoms. Junk bonds suggest U.S. stocks may have further to run 2019-04-03T04:00:00Z He will oversee the Carlyle Capital Solutions group, which will also seek to originate and structure leveraged loans, high-yield bonds, mezzanine debt and additional types of financing, according to a source. Carlyle hires Broadbent for new debt financing group 2018-09-07T04:00:00Z The $1.8 billion high-yield bond Tesla issued a year ago hit a record low price on Wednesday. Tesla bond hits record low, stock slips as investor worry deepens 2018-09-05T04:00:00Z By contrast overbought assets were U.S. equities and U.S. high-yield bonds, as well as healthcare stocks. Investors flee risk as bear markets multiply: BAML 2018-08-17T04:00:00Z “You can go in lots of directions to enhance your total return, like high-yield bonds, but that wouldn’t protect you in a down equity market,” he said. Balanced Funds Don’t Inspire Fear or Greed. That’s Why They Are So Useful. 2018-07-13T04:00:00Z The high-yield bonds are expected to launch between early August and early September, and will not be funded into an escrow account. Blackstone selling two jumbo loans for F&R buyout 2018-06-29T04:00:00Z The consumer stampede to streaming media from traditional broadcasters is claiming an unexpected victim: high-yield bond investors. Cord-Cutting Pain Spreads to High-Yield Bond Market 2018-05-08T04:00:00Z They get diversification and faster economic growth, which typically benefits high-yield bonds. What Investors Are Missing in Junk Bonds 2018-02-25T05:00:00Z The company expects to sell more high-yield bonds. Netflix Says Catch Me if You Can 2018-01-23T05:00:00Z Mr. Shriver said the committee’s “building blocks” are T. Rowe Price’s “underlying actively managed strategies like high-yield bonds and U.S. growth and value stocks.” Balanced Funds Don’t Inspire Fear or Greed. That’s Why They Are So Useful. 2018-07-13T04:00:00Z Though investors expect equities to perform well, they are not enthusiastic about high-yield bonds. After a bumper 2017, will 2018 be kind to the financial markets? 2018-01-04T05:00:00Z The data, which tracks flows through Wednesday, also showed some alarm over junk debt, with some $600 million in outflows from high-yield bond funds, an eight-week high. Stock market fall 'not the Big One', says BAML 2017-11-10T05:00:00Z With yields extremely low on high-yield bonds, investors are taking lots of risk in the sector. What Investors Are Missing in Junk Bonds 2018-02-25T05:00:00Z It is noteworthy that the market prices of high-yield bonds barely moved Thursday morning. The Tax Plan’s Pleasant Surprises for Investors 2017-11-02T04:00:00Z But risky assets like stocks, high-yield bonds and emerging markets might yet find a way to carry on dancing. How Markets Can Thrive Even as Central Banks Step Aside 2017-10-03T04:00:00Z In the process, Milken, an Encino native, turned Los Angeles into the center of the junk bond world when he moved Drexel’s high-yield bond practice to Century City and later Beverly Hills. Orange County money manager asks Trump to pardon 'junk bond king' Michael Milken 2017-08-30T04:00:00Z The data, which tracks flows through Wednesday, also showed some alarm over junk debt, with some $600 million in outflows from high-yield bond funds, an eight-week high. Stock market fall 'not the Big One', says BAML 2017-11-10T05:00:00Z But he added: "I don't see the foreign exchange market moving, the investment grade bond market moving, the equity market moving and the high-yield bond market moving." City banks warn of Brexit job moves - BBC News 2017-01-18T05:00:00Z Given that inflationary fears are overblown, longer-term bond yields are probably close to their highs for this cycle, and the environment will remain positive for riskier assets like high-yield bonds, bank loans and stocks. A Contrarian’s View on Inflation Fears 2016-12-26T05:00:00Z On top of the $1.9 billion already spent, Triple Five is now planning to sell $1.15 billion in high-yield bonds, also known as junk bonds, to finish the project. After Many Missed Deadlines, New Jersey Megamall Is Again Taking Shape 2016-12-13T05:00:00Z Do high-yield bonds belong in your investment portfolio? Why High-Yield Bonds Belong in Your Portfolio 2016-09-12T04:00:00Z Last December, an American mutual fund run by Third Avenue ran into a similar problem, reflecting the portfolio’s significant exposure to the riskiest types of high-yield bonds. Financial Strain Grows From ‘Brexit’ Vote 2016-07-05T04:00:00Z The spread on the euro high-yield bond index is currently around 4 percentage points. How Junk Bonds Can Look Attractive and Scary at the Same Time 2016-08-17T04:00:00Z One factor that has kept some investors positive on high-yield bonds is the notion that the current slump is not fully reflective of the fundamentals of oil. Big investors pare energy junk bond holdings after big rally 2016-08-03T04:00:00Z For example, many yield-seeking investors that turned to high-yield bonds learned the potential pain of this heightened risk during the past year. Ride Market Uncertainty With Managed Futures 2016-07-25T04:00:00Z Historically, high-yield bonds, often called "junk" bonds by traders, analysts and money managers, primary due to their higher risk levels relative to traditional fixed income instruments, may conjure up disturbing images. Why High-Yield Bonds Belong in Your Portfolio 2016-09-12T04:00:00Z Last December, a mutual fund run by Third Avenue, which invested in the riskiest types of high-yield bonds, was forced to bar the door to investors who wanted their money back. Standard Life Fund Halts Withdrawals After ‘Brexit’ Vote 2016-07-04T04:00:00Z U.S. markets got a big reminder of these risks last December when a distressed-debt fund run by Third Avenue was forced to block investor withdrawals, prompting a mini-panic among investors in other high-yield bond funds. Big Money Managers Must Stop Stampedes 2016-06-22T04:00:00Z He also likes Guggenheim Investments' BulletShares series, praising the combination of high-yield bonds with diversification and targeted maturity dates. When Should Investors Buy and Sell Bonds? 2016-06-09T04:00:00Z Moreover, 90% of the returns on long-dated government bonds are down to capital gains, while the picture is far more balanced for high-yield bonds, where more than half the return is down to coupon payments. What Happens When Bond Investors Act Like Stock Jockeys 2016-06-01T04:00:00Z Consequently, investors who have sidelined the sector might be wondering if they're missing the boat high-yield bonds. Why High-Yield Bonds Belong in Your Portfolio 2016-09-12T04:00:00Z Their demand bids up the price of stocks, high-yield bonds and real estate, creating a price bubble that may deflate once interest rates return to normal levels. The High Cost of Ultralow Interest Rates 2016-05-22T04:00:00Z The strong result for bond funds was supported by strong interest across the market - from high-yield bonds to emerging-market debt, Treasury, municipal and investment-grade bond funds. U.S.-based stock funds continue trend of outflows in latest week: Lipper 2016-05-19T04:00:00Z Janachowski uses bond index funds as the core for many of his clients’ bond portfolios, with the possibility of adding smaller investments in actively managed bond funds in more niche areas, such as high-yield bonds. Bond investors move more money into index funds 2016-05-14T04:00:00Z Traditionally, it would be high-yield bond buyers looking more for capital appreciation: the asset-class is closer in that way to equities. What Happens When Bond Investors Act Like Stock Jockeys 2016-06-01T04:00:00Z Milan notes, too, that while high-yield bonds are traditionally riskier than some other bonds, they have historically outperformed Treasurys, while at the same time exhibiting less volatility than stocks. Why High-Yield Bonds Belong in Your Portfolio 2016-09-12T04:00:00Z Milken transformed the once second-rate firm into a powerhouse by creating the market for so-called junk or high-yield bonds, loans to companies not previously considered creditworthy. Junk bond king Michael Milken looms large in L.A. finance industry 2016-05-01T04:00:00Z For the property sector, in the midst of a policy-driven recovery, that may just look like a well-received high-yield bond offering. Investors All Mixed Up About Chinese Property Bonds 2016-04-19T04:00:00Z If risk aversion rises, high-yield bonds will suffer. Why Investors Should Handle High-Yield Bonds with Care 2016-04-18T04:00:00Z And Schoninger, successful on Wall Street in high-yield bonds and in stadium financing, is paying. He has built it – will they come? Doug Schoninger and the US pro rugby dream 2016-04-16T04:00:00Z "Additionally, high-yield bonds positively affect diversification in a portfolio because of their moderate correlation to stocks and low-to-negative correlation to Treasurys," he says. Why High-Yield Bonds Belong in Your Portfolio 2016-09-12T04:00:00Z With a hypothetical 6 percent default rate, the damage to a broad junk portfolio would be about 2.4 percentage points based on typical net losses on defaulted high-yield bonds. Junk Bonds: Never Stodgy and Steadier Than You Might Think 2016-04-09T04:00:00Z “The high-yield bonds are starting to look a little tempting.” Prosper Marketplace Boosts Interest Charge on Its Consumer Loans 2016-02-17T05:00:00Z The loans are testing banks’ appetite for funded U.S. dollar assets before tapping the institutional loan and high-yield bond markets. Dell's $10 billion loans for EMC buy stall 2016-02-11T05:00:00Z The market turmoil of 2016 continues, with financial stocks getting hammered this week and markets still testing high-yield bonds and technology darlings. Don’t Blame the Fed’s Interest-Rate Baby Step 2016-02-10T05:00:00Z "Consequently, high-yield bonds are a good small-asset allocation to help minimize equity risk through diversification." Why High-Yield Bonds Belong in Your Portfolio 2016-09-12T04:00:00Z After a sharp sell-off throughout much of 2015, the yield on an index of high-yield bonds at the end of the first quarter was 8.4 percent, about two percentage points higher than a year ago. Junk Bonds: Never Stodgy and Steadier Than You Might Think 2016-04-09T04:00:00Z Corporate bond spreads widened; U.S. and European high-yield bonds lost money for investors. Watch New Bond, Stock Sales for Signs of Life 2016-02-01T05:00:00Z To add to the challenges, many high-yield bonds are not liquid. Investment Risks to Watch For in the High-Yield Bond Market 2016-01-29T05:00:00Z “They are not allowing company treasurers to buy high-yield bonds or emerging market stocks,” Mr. Johnsey said. As Stock Prices Slump, Don’t Count on Buybacks 2016-01-26T05:00:00Z "While high-yield bonds are a riskier asset class, with higher risk there is the potential for higher yields and higher returns," Milan says. Why High-Yield Bonds Belong in Your Portfolio 2016-09-12T04:00:00Z For example, after falling 4.5 percent in the first six weeks of this year, high-yield bonds then rallied to a near 7 percent gain over the next four weeks. Junk Bonds: Never Stodgy and Steadier Than You Might Think 2016-04-09T04:00:00Z The move sparked concerns about the health of other high-yield bond funds with large concentrations in especially risky securities with credit ratings of triple-C or lower. Investors Bail Out of Ivy High Income Fund in December 2016-01-12T05:00:00Z Individual investors likely own high-yield bonds through an ETF or an open-ended mutual fund. Investment Risks to Watch For in the High-Yield Bond Market 2016-01-29T05:00:00Z Chief Investment Officer Britt Harris said in an email that after a decline in high-yield bonds last month, the buying opportunities were “the best we’ve seen over the past several years.” Pensions, Mutual Funds Turn Back to Cash 2016-01-10T05:00:00Z "By design, high-yield bonds are the least sensitive to changing interest rates but more to economic growth than other bonds." Why High-Yield Bonds Belong in Your Portfolio 2016-09-12T04:00:00Z From that point of view, 2015 was the year high-yield bonds got their mojo back. High-Yield Bonds: Worthy of the Name Again 2015-12-31T05:00:00Z There are disturbing rumblings in the U.S. credit market, where high-yield bonds are in trouble. European Equities: The Burden of Hope 2015-12-30T05:00:00Z The liquidity issue may be a larger risk to high-yield bonds than the default issue. Investment Risks to Watch For in the High-Yield Bond Market 2016-01-29T05:00:00Z In part, that’s because the Fed tends to raise rates when economic growth is strong and, in such a climate, default rates on high-yield bonds are generally low. Funds That Sought to Cut Risk With Bonds Are Having to Think Again 2015-12-30T05:00:00Z "It really is important that high-yield bond allocations are closely monitored, as at the end of the day they are "junk" quality and do carry higher than normal credit risk," Milan says. Why High-Yield Bonds Belong in Your Portfolio 2016-09-12T04:00:00Z By mid-2014, some were starting to wonder whether the high-yield bond market needed to find a new name for itself. High-Yield Bonds: Worthy of the Name Again 2015-12-31T05:00:00Z The executive overseeing Wall Street’s top high-yield bond desk says the market for such debt isn’t in a bubble, even as he forecasts sizable losses across the industry in the short term. Wall Street’s Biggest Junk Bond Dealer Weighs In on the Rout 2015-12-18T05:00:00Z Investors need to pay attention to what is happening with credit markets today, especially in the high-yield bond space. Investment Risks to Watch For in the High-Yield Bond Market 2016-01-29T05:00:00Z Rabbani Wahhab, a fund manager at London & Capital, which oversees $3.5 billion in assets, said he is looking to add to his positions in European high-yield bonds before the end of the month. Corporate Bonds Offer Reasons to Be Cheerful—for Some 2015-12-18T05:00:00Z Ironically, the Great Recession played a significant role in the increased growth of high-yield bonds and bond funds, even in average investors' portfolios. Why High-Yield Bonds Belong in Your Portfolio 2016-09-12T04:00:00Z Low investor returns aren’t good news for anyone, especially since many assets now seem overpriced and poised for correction, as shown by the recent selloff in the high-yield bond market. Strong Market, Weak Returns—Why? 2015-12-18T05:00:00Z The effort comes amid renewed worries over the ability to trade debt following the collapse of Third Avenue's Focused Credit Fund on Dec. 7, which jolted Wall Street and sparked a sell-off in high-yield bonds. BlackRock, Pimco among group to begin clearing credit swaps 2015-12-16T05:00:00Z The decline in commodity prices is pushing some high-yield bonds toward default. Investment Risks to Watch For in the High-Yield Bond Market 2016-01-29T05:00:00Z Those who bought high-yield bonds also lost money. Naughty, not nice 2015-12-16T05:00:00Z The current rout in U.S. high-yield bonds, for instance, hasn’t been matched by such falls in Europe. European Stocks Set to Gain From U.S. Rate Rise 2015-12-15T05:00:00Z Junk or high-yield bonds are loans to companies of questionable credit quality. The New Bond Market 2015-12-15T05:00:00Z The announcement New York-based high-yield bond fund Third Avenue Focused Credit Fund would bar withdrawals sparked heavy selling in the U.S. on Friday and in Asia on Monday. Asian Shares Fall as Investors Await Fed Meeting 2015-12-15T05:00:00Z Stocks and high-yield bonds typically move in the same direction. Junk-Bond Selloff Intensifies 2015-12-15T05:00:00Z Investors are in no mood for surprises, particularly with stresses and strains building across emerging markets, high-yield bonds and commodities. South Africa’s Finance Minister Drama Masks Deeper Problems 2015-12-14T05:00:00Z Although stocks closed higher, equity investors are still concerned about the high-yield bond market. Wall Street closes higher as crude steadies 2015-12-14T05:00:00Z Monday’s moves followed a volatile day for markets on Friday, as falling oil prices and trouble in the high-yield bond market intensified worries about risky assets. U.S. Stocks Rise as Oil Rout Eases 2015-12-15T05:00:00Z Jitters in high-yield bond markets, which are among the most vulnerable to higher U.S. interest rates, also rattled investors. Equities volatile on oil swings as Fed decision looms 2015-12-13T05:00:00Z The default rate on European high-yield bonds during the prior 12 months was 0.3% at the end of September, according to Fitch Ratings, its latest available data. Junk-Bond Selloff Intensifies 2015-12-15T05:00:00Z The rest of the industry has been quick to say that while redemptions are elevated, particularly in high-yield bond funds, there doesn’t seem to be a rush to for the exits. The Liquidity Trap That’s Spooking Bond Funds 2015-12-14T05:00:00Z That is especially the case as worries grow about the high-yield bond market, debt-market liquidity and the impact of cratering oil prices. Third Avenue Fund’s Eerie Financial-Crisis Echo 2015-12-10T05:00:00Z The problem is that high-yield bonds are a fair way down the chain from ECB buying of government bonds: the effect is an indirect one on risk appetite. Junk Bonds Join the Monetary-Policy Battle 2015-11-23T05:00:00Z But against a backdrop of weakening oil prices and stress in the high-yield bond market, the pace of future rate hikes is of key interest to investors. Equities volatile on oil swings as Fed decision looms 2015-12-13T05:00:00Z That means the high-yield bonds are inherently more risky. How to Know When High-Yield Bonds Are a Good Investment 2015-11-16T05:00:00Z That added to pressure from tumbling oil prices and uncertainty about the timing of a U.S. rate increase, which spurred selling among other high-yield bonds in the region, too. China’s Property Junk-Bond Sector Is an Unlikely Gem 2015-11-02T05:00:00Z The heavy debt load and volatility in high-yield bond markets caused the deal to struggle, they said. Goldman, J.P. Morgan Struggle to Sell Loans Backing a Buyout 2015-10-06T04:00:00Z U.S. issuance of high-yield bonds, commonly called junk bonds, so far in 2015 has fallen 1.4% from a year ago, according to Securities Industry and Financial Markets Association data, known as Sifma. Investors Pull Back From Junk Bonds 2015-09-28T04:00:00Z The covenant quality of North American high-yield bonds reached a new record low in August, says Moody’s Investors Service. Quest for Yield Still Trumping Safety in Debt Markets 2015-09-15T04:00:00Z But is it worth taking the extra risk of high-yield bonds, or "junk bonds," as they are popularly known? How to Know When High-Yield Bonds Are a Good Investment 2015-11-16T05:00:00Z After a decade as a high-yield bond trader on Wall Street, he began the Harbinger Capital hedge fund in 2001, initially focusing on distressed debt. Philip Falcone, Former Head of Vast Fund, Tries a 3rd Act 2015-09-03T04:00:00Z He's on the lookout for a "liquidity event" within the high-yield bond sector. How to Invest in Bond Funds During a Bear Market 2015-08-27T04:00:00Z Cash flows to U.S. high-yield bond funds for the week ended Aug. 5 moderated, but remained deeply negative, with a net outflow of $1.2 billion, according to Lipper. High Yield Bond Funds See Another Big Investor Cash Withdrawal 2015-08-06T04:00:00Z Weaker companies are in a tougher spot as they weigh cutting spending, selling more high-yield bonds or issuing more shares to cope with the loss of cash from low oil and gas prices. Oil companies slash spending, jobs as prices slide for second time 2015-07-30T04:00:00Z "According to statistics compiled by the rating agencies, default percentages are much higher and recovery amounts are much lower for high-yield bonds than investment-grade-rated securities," Zappin says. How to Know When High-Yield Bonds Are a Good Investment 2015-11-16T05:00:00Z For investors in high-yield bond ETFs, the fear isn’t that they won’t be able to sell, but that they may not be able to do so at an attractive price. High-Yield Jitters Lead Some Advisers to Sell ETFs 2015-07-30T04:00:00Z Corporate bonds and high-yield bonds, though, react more quickly to momentary market trends, Rusnak says, and that's the issue for this week's market. How to Invest in Bond Funds During a Bear Market 2015-08-27T04:00:00Z But there haven’t been many problems with credit risk in Europe, making high-yield bonds an intriguing option. Bond Investors Trade One Risk for Another 2015-07-23T04:00:00Z He said that in past downturns, the firm’s high-yield bond ETF actually had increased trading volume from firms looking to make both bullish and bearish bets, making it easier to buy and sell shares. Hedge Funds Gear Up for Another Big Short 2015-07-21T04:00:00Z Mr. Aspbury said that European companies will want to strike now, while the high-yield bond market is rebounding. Europe’s High-Yield Bond Market Begins Recovery 2015-07-20T04:00:00Z With rising interest rates, high-yield bond funds will fall and may be subject to greater default risk, leading to more losses. The Dark Side of High-Yield Investing 2015-07-13T04:00:00Z In the case of high-yield bonds, his firm gravitates toward active management. When Active Fund Management Makes Sense for Investors 2015-07-13T04:00:00Z Before 2009, when the market was much smaller, less than 8% of high-yield bonds, also known as junk bonds, were sold through private banks. Asia’s Rich Show Love for Junk Bonds 2015-07-01T04:00:00Z Its junior debt business included high-yield bonds and mezzanine debt. Antares Capital To Expand Junior Debt Offering Under New Canadian Pension Fund Owner, CPPIB 2015-06-09T04:00:00Z Meanwhile, European high-yield bond funds experienced outflows of €775 million over the past four weeks, according to weekly figures compiled by J.P. Europe’s High-Yield Bond Market Begins Recovery 2015-07-20T04:00:00Z Traditional E.T.F.s track an index of stocks or bonds, like the Standard & Poor’s 500 or a basket of high-yield bonds. BlackRock Hires Columbia Finance Professor to Guide New Investment Strategy 2015-06-09T04:00:00Z There was a net $111 million retail cash outflow from U.S. high-yield bond funds for the week ended May 27, according to Lipper. High Yield Bond Mart Sees Cash Outflow As ETFs Retreat 2015-05-29T04:00:00Z Sixteen issuers waded into the high-yield bond market this week, for the busiest period by number of deals in six months. Burger King Reigns In High-Yield Bonds In Busiest Week In Six Months 2015-05-15T04:00:00Z Retail cash outflows from U.S. high-yield bond funds shrank to just $89 million in the week ended May 13 from the whopping $2.75 billion in the week ended May 6, according to Lipper. US High Yield Bond Outflows Contract From Last Week's Run; ETFs Gain Slightly 2015-05-14T04:00:00Z By July 2009, average rates on leveraged loans fell nearly 12 percentage points to 8.4% and rates on high-yield bonds fell by nearly half to 11.5% from their peaks just seven months before. Capital Superabundance Is Here To Stay In Private Equity 2015-04-09T04:00:00Z Proponents of active management often argue the skill of active managers is most evident in less efficient market sectors, such as mid-cap stocks and small-cap stocks, high-yield bonds and emerging market stocks. How Poor Decision-Making Affects Your Returns 2015-04-09T04:00:00Z An outstanding investment opportunity in high-yield bonds is growing closer. Junk Bonds The Investment Opportunity Of A Lifetime, Just Not Yet 2015-04-03T04:00:00Z Klaas Knot, the Dutch central bank chief, warned that ECB bond purchasing may cause asset bubbles in some high-yield bonds, government debt, and stocks. Nerves set in as ECB unbottles policy genie 2015-03-13T04:00:00Z European high-yield bond issuance made a robust start to the year, generating the largest January volume since LCD started tracking the market in 2006. European High Yield Bond Market Off To Strong Start With Record January 2015-02-05T05:00:00Z Central bank programs unleashed a flood of liquidity that quickly brought rates on high-yield bonds and leveraged loans back to prerecession levels. Capital Superabundance Is Here To Stay In Private Equity 2015-04-09T04:00:00Z Retail cash flow for U.S. high-yield bond funds ballooned to positive $2.8 billion in the week ended Jan. 28, according to Lipper. US High Yield Bond Funds See $2.8B Investor Cash Inflow 2015-01-29T05:00:00Z Riskier corporate and high-yield bonds, as well as European stocks, also rallied strongly on the news. Europe Puts Its Money on the Table 2015-01-22T05:00:00Z Mr. Traynor said last year his firm got one big call right — selling some high-yield bonds to take profits midyear — and one big call wrong, on Treasury bonds. When Judging Financial Advisers, Look Beyond the Annual Return 2015-01-09T05:00:00Z In June you expressed concern that high-yield bonds weren’t paying enough to compensate investors for their risk. FidelityVoice: Bond Market Outlook: Low Rates Into 2015? 2014-11-13T05:00:00Z If you have news come out, for example, about high-yield bonds are a bad place to be, all the junk bond funds get clobbered. Richard Lehmann's 6% Solution: Finding Gems Among Junk Bonds 2014-10-27T04:00:00Z At the end of September, the default rate on high-yield bonds was just 2.1%, according to Moody’s, a rating agency, compared with an historical average of 4.7%. Liquid diet 2014-10-23T04:00:00Z As the I.M.F. report lays out, Franklin Templeton Investments has large stakes in the high-yield bonds issued by Tenet Healthcare and the payment processor First Data, among others. Fears That Pimco and Other Big Firms Could Be Unable to Unload Risky Bonds 2014-10-16T04:00:00Z Jensen of Fidelity says the firm uses a diverse bond portfolio that holds floating rate notes, which invest in adjustable rate notes, emerging market debt and high-yield bonds. How to stay on point with target-date funds Many of them currently own a lot of high-yield bonds, prompting the question: “Wait: aren’t you just replacing interest rate risk with credit risk?” Unconstrained Bond Funds: Out Of The Frying Pan Into The Fire? 2014-09-22T04:00:00Z And if a company is issuing high-yield bonds at lower interest rates to replace, for example, existing dead issues or to replace bank loans, that’s a tremendous strength in the other balance sheet. Richard Lehmann's 6% Solution: Finding Gems Among Junk Bonds 2014-10-27T04:00:00Z That is why I still like high-yield bonds today. The Case For High Yield 2014-08-20T04:00:00Z Why, they ask, are we investing in high-yield bonds? Why Apple's New Bonds Are Less Juicy Than These 5 Junk Bonds 2014-08-18T04:00:00Z "We just don't think that investors are being compensated for the risks involved in high-yield bond investing." Like stocks, junk bonds show investor jitters 2014-08-12T04:00:00Z Some are making the case that based on spread analysis; emerging debt yields are attractive relative to corporate high-yield bonds. Emerging Market Bonds: Are Yields High Enough? 2014-07-14T04:00:00Z GAM has pared its U.S. high-yield bond holdings, and plans to cut back more over the next few months. Global investors pare risky bond holdings, brace for sell-off 2014-07-02T04:00:00Z Back in May, LCD reported that the Bank was understood to be watching the proliferation of cov-lite loans and high-yield bonds, as part of its surveillance of potential asset bubbles. Leveraged Loans: Bank Of England To Look At Underwriting Standards 2014-07-01T04:00:00Z This chart compares American Apparel 13% notes to bonds of J. Crew and Rue 21, two other high-yield bond issuers that produce clothing. American Apparel Discusses Potential Default With Lion; Bonds Up On Dov Charney Departure News 2014-06-27T04:00:00Z Support for intervention This week, Fitch Ratings reported 51% of European credit investors said in a survey that they favour regulatory intervention to prevent a bubble in the European high-yield bond and loan markets. Bank Of England Eyes Covenant-Lite Leveraged Loans, High Yield Bonds As Potential Asset Bubbles 2014-05-29T04:00:00Z The new Fed chairwoman pointed to growing issuance of leveraged loans and high-yield bonds, as well as a loosening of underwriting standards, in her testimony to Congress. Yellen comments don't get much market traction 2014-05-08T23:58:48Z For U.S. high-yield bonds, Standish held as much as 40 percent, but has cut that to 8 to 10 percent. Global investors pare risky bond holdings, brace for sell-off 2014-07-02T04:00:00Z But default rates on high-yield bonds remain low. High & Low Finance: As Investors Search for Yield, Credit Standards Decline 2014-05-01T18:21:41Z Time's debut high-yield bond issue, meanwhile, was also increased by $200 million earlier in April, while its planned US$900 million loan was cut by the same amount to $700 million. RPT-Numericable shows bonds topping loans in leverage rivalry 2014-04-28T12:56:29Z Numericable was expected on Wednesday to price a high-yield bond offering worth up to €8.5 billion, which would be about €2 billion more than originally expected, according to people familiar with the matter. DealBook: Numericable Set to Price Largest Ever Junk Bond 2014-04-23T09:18:27Z Buyers put up minimal resistance, eager for floating-rate exposure in loan products that offer seniority in the capital structure to high-yield bonds. Loan fund investors pull cash with Fed rate hikes on hold 2014-04-21T16:16:02Z The firm has sold high-yield bonds that have fundamentals they're not comfortable with, he said. Global investors pare risky bond holdings, brace for sell-off 2014-07-02T04:00:00Z Mr. Fridson says he thinks that investors are not being paid nearly enough for the risks they are taking and that high-yield bonds are overvalued. High & Low Finance: As Investors Search for Yield, Credit Standards Decline 2014-05-01T18:21:41Z Loans were better priced until recently, and this reversal of fortunes is making high-yield bonds the favoured source of funding for non-investment grade issuers in Europe and the US. RPT-Numericable shows bonds topping loans in leverage rivalry 2014-04-28T12:56:29Z China established its domestic high-yield bond market two years ago in an attempt to open a new funding channel for small and medium-size enterprises. China Sees First Domestic Junk Bond Default 2014-04-01T07:21:56Z Through early April, the total return for high-yield bond funds was about 3 percent, triple the return for loan funds. Loan fund investors pull cash with Fed rate hikes on hold 2014-04-21T16:16:02Z Vega-Chi’s is currently available to all approved market participants who trade US and European high-yield bonds as well as European convertible bonds. LiquidNet Pursues Fixed Income Trading 2014-03-22T15:19:00Z The number of acquisition-related high-yield bond deals could depend on whether there will be more jumbo leveraged M&A deals this year. M&A up but loans grab lion's share 2014-03-14T19:20:22Z A financing would be a mix of loans and high-yield bonds in sterling, dollars and euros to maximise liquidity, two bankers said. Bankers ready $8.35 billion debt financing for Morrisons sale 2014-02-19T14:21:05Z Investors showed their risk appetite by committing $1.8 billion to riskier high-yield bond funds, marking their first inflows in three weeks. Stock funds worldwide attract $11.5 billion after record outflow: BofA 2014-02-14T15:39:37Z The bulk of financing for the LBO, a USD760m senior secured high-yield bond, was issued only a month ago, and the ink is barely dry on the acquisition itself. REFILE-Platinum's rapid LBO exit stuns high-yield market 2014-02-14T11:11:28Z The issue is even more crucial this year amid expectations that high-yield bond supply will drop by at least 10% as fewer companies refinance their debt. Carlyle to raise USD2.4-2.5bn debt for Illinois deal 2014-02-07T15:03:55Z Bankers hope M&A-related financing will help offset a plunge in refinancing mandates in high-yield bonds this year, now that just about everything that could be refinanced has been. M&A up but loans grab lion's share 2014-03-14T19:20:22Z The second DCM banker said floating rate notes, often compared to covenant-lite loans but not a big component of high-yield bond supply up to now, may start to rise in popularity. Banks grapple with new lending guidelines 2013-12-20T16:22:14Z Buoyant financial markets may be good for investment bank fees overall, but if sponsors sway towards IPOs rather than sales, then high-yield bond supply may slow until that capital gets recycled in new deals. M&A revival only hope for another record high-yield year 2013-12-06T16:46:33Z Meanwhile, high-yield bond issuers - companies with weak balance sheets and sub-investment grade ratings - are paying on average 5.8 percent to borrow, near record lows. Analysis: As market bubbles form, investors may want to take cover 2013-11-18T20:11:06Z “Most high-yield bonds do not default, but the level of risk and uncertainty is high.” Gaming the New Pro Athlete Stock Market 2013-10-19T11:05:26Z "The second-lien market has definitely taken share from the high-yield bond market when it comes to M&A financing," said a leveraged finance principal at a major private equity firm. M&A up but loans grab lion's share 2014-03-14T19:20:22Z Riskier high-yield bond funds, however, attracted $4.1 billion in new cash over the month. U.S.-based money market funds have $43 billion outflow: Lipper 2013-10-18T00:08:27Z Last month saw the most prolific issuance of high-yield bonds in history. INSIGHT-Getty captures risks of Fed's easy money policy 2013-10-17T06:59:54Z Falcone was accused of manipulating markets by conducting a "short squeeze" to force short-sellers to sell distressed, high-yield bonds at inflated prices. Judge OKs SEC's Falcone settlement with admission of wrongdoing 2013-09-16T23:06:00Z U.S stocks differ from emerging markets, which are not the same as Treasurys or foreign high-yield bonds, to name a few. Barry Ritholtz: How to avoid being a Wall Street muppet 2013-08-23T14:59:00Z "We have seen second-lien loans that were large enough to get done in the high-yield bond market, but borrowers much prefer the covenant-lite characteristics in loans, and bonds always have more onerous call protection." M&A up but loans grab lion's share 2014-03-14T19:20:22Z Vicki Bryan, senior high-yield bond analyst at Gimme Credit, speculated that the difficult integration of United and Continental, which led to operational failings and poor customer service, "helped sour the well." Justice Department sues to stop planned American-US Airways merger 2013-08-14T02:07:00Z Separately, the issue of a high-yield bond is seen as an option to repay some of the remaining debt as well as provide liquidity for needed investments. KKR in talks to restructure German car repair chain ATU-sources 2013-08-07T13:31:17Z Before the Fed's comments in May, analysts had worried about speculation in high-yield bonds. MarksJarvis: Will week of signals signal a weak economy? 2013-07-31T05:00:00Z Federal Reserve and other major central banks of recent years has cheaply funded investments in emerging markets, such as high-yield bonds. Volatile markets generate little cheer for Asia's trading desks 2013-07-21T21:49:52Z Which buyout house wins the auction will depend on whether the debt package is made up solely of high-yield bonds or a mixture of leveraged loans and subordinated debt, bankers said. RLPC-Buyout firms submit final bids for mobile firm DNA-sources 2013-07-09T15:58:54Z In addition, high-yield bonds often trade more like stocks than bonds. How to Position Your Nest Egg for Rising Rates 2013-07-08T14:00:27Z If placed next week, it will be the third largest high-yield bond issue this year. M&A borrowers set to test US high-yield markets 2013-06-21T18:54:52Z The combination of less stimulus and a weak economy could be risky for high-yield bond investors. MarksJarvis: Will week of signals signal a weak economy? 2013-07-31T05:00:00Z The firm invests in distressed debt, senior loans, high-yield bonds, private equity, convertible securities, real estate and listed equities. Oaktree founders could reap up to $80 million each in stock sale 2013-05-21T20:46:11Z Issuance of high-yield bonds, the more polite moniker for "junk," hit records in both the U.S. and Europe in 2012, according to Dealogic. Cheap Junk, Expensive Mistakes 2013-05-07T04:17:32Z Still, only a small amount of Asian high-yield bonds is available to U.S. buyers. The U.S. Is Back in Asian Debt 2013-04-09T17:26:41Z He owns fewer euro junk bonds than his benchmark because, while they trade at similar levels to U.S. high-yield bonds, defaults are likely to rise in Europe and decline in the U.S. Hunt for Yield Boosts Junk-Bond Debt 2013-03-21T19:18:44Z Debt is likely to be provided through a mixture of senior leveraged loans and junior debt such as mezzanine loans or high-yield bonds, they added. RLPC-Bankers prep $1 bln debt to fund CeramTec buyout 2013-03-15T15:12:42Z Currently, China lacks a properly functioning municipal bond market and is only just developing high-yield bonds, both of which would be needed to attract the investment capital sought. Exclusive: China plans bond overhaul to fund $6 trillion urbanization - sources 2013-02-28T21:20:38Z Mr Stein identifies the share of high-yield bonds in corporate bond issuance as a "powerful predictive variable" for future excess-returns. Monetary policy: The wisdom of Scott Sumner 2013-02-12T15:49:34Z Gross countered in his letter that the cost will be inflation, which will weaken the returns on long-term bonds and eventually risk assets such as stocks and high-yield bonds, and also hurt businesses. PIMCO's Gross warns investors of looming inflation 2013-01-03T16:49:09Z If a sale to private equity goes ahead, the buyout will be backed by between 1.5 and 2 billion euros of debt accessed through leveraged loans and high-yield bonds. UPDATE 1-RLPC-Banks prepare debt packages for Avio sale or refinancing 2012-11-20T18:44:36Z GDP rose 9 percent over the period -- but the S&P 500 equity index gained almost 60 percent and high-yield bonds doubled. For global investors, Fed relief trumps fiscal angst after U.S. poll 2012-11-07T16:34:14Z Rob Arnott, chairman of Research Affiliates, an investment advisory firm, suggests diversifying into emerging markets and high-yield bonds. It's Time to Time the Market 2012-10-20T00:16:17Z The biggest: leveraged loans are typically made to below-investment-grade companies, the same ones that earned high-yield bonds the sobriquet "junk bonds." 'Leveraged Loans' Look Good 2012-10-13T01:01:35Z Total volumes of debt issued by emerging companies are up tenfold since 2000 and the size of the market now rivals that for U.S. high-yield bonds. Booming emerging corporate debt vies with U.S. junk 2012-10-10T13:07:16Z Even worse for investors: Some funds haven't come close to matching high-yield bond indexes. Is It Time to Trash Junk Bonds? 2012-10-06T00:42:18Z Sub-investment-grade bonds are traditionally known as junk bonds to their detractors and as high-yield bonds to their buyers. Off the Charts: Record Lows for Sub-Investment-Grade Bonds 2012-10-05T16:56:47Z As for high-yield bonds: Yes, average yields have recently tumbled to record lows. It's Time to Time the Market 2012-10-20T00:16:17Z In addition to adjustable interest rates, leveraged loans offer another advantage over high-yield bonds, experts say. 'Leveraged Loans' Look Good 2012-10-13T01:01:35Z As banks pull back, private equity firms are increasingly turning to high-yield bonds, mezzanine loans and other types of debt that carry higher interest rates. DealBook: European Private Equity Firms Seek Nontraditional Loans Amid Debt Crisis 2012-10-05T00:25:13Z Last month, Morgan Stanley downgraded high-yield bonds; Royal Bank of Scotland recently made its own call for caution. Is It Time to Trash Junk Bonds? 2012-10-06T00:42:18Z Some high-yield bond exposure may also be appropriate. Ask an Expert: Making Estimates for Retirement Planning 2012-10-03T18:57:48Z But many bond funds that compare themselves with the Barclays index are investing in bank loans, high-yield bonds and emerging market debt—riskier investments that aren't reflected in the index at all. Bond Funds Get Aggressive 2012-09-29T01:58:15Z High-yield investors have already had a taste of dividend recapitalisations this month - most notably from Orange Switzerland which issued two high-yield bonds in September which paid private equity owner Apax Partners almost USD300m in dividends. High-yield dividend deals not ruled out yet 2012-09-28T13:55:54Z Morgan Strategic Income Opportunities Fund to high-yield bonds, which tend to thrive in times of mild economic growth and low defaults. 'Insider Trucking' Drives Strategy at J.P. Morgan Fund 2012-08-23T14:15:29Z "In a yield-starved world, high-yield bonds are right now the only game in town," said Les Levi, a managing director at the investment bank North Sea Partners. DealBook: Risk Builds as Junk Bonds Boom 2012-08-16T01:25:31Z The leveraged loan, high-yield bond and structured credit markets will all be considered as ways to refinance the deal, the sources said. RLPC-Macquarie explores $5.3bln broadcast business refi 2012-08-02T14:01:24Z The KKR Alternative High Yield Fund will invest in a mix of high-yield bonds, notes, debentures, convertible securities and preferred stock. UPDATE 1-KKR catches up on mutual funds 2012-07-19T21:20:30Z By contrast, bonds that involve more default risk, including high-yield bonds, are less susceptible to rising rates. Three Quirks of Bond Indexing 2012-07-08T20:33:11Z World governments are kept financially afloat, he purrs, by a global “shadow market” consisting of secret high-yield bonds. Off the Shelf: ‘Octopus’ Looks at Bayou Hedge Fund’s Collapse — Review 2012-06-30T19:49:31Z But a funny thing has happened as everyone has piled into this bond market: high-yield bonds have become something of a misnomer. DealBook: Risk Builds as Junk Bonds Boom 2012-08-16T01:25:31Z That would be similar to the buyout financing of BSN Medical by EQT earlier this month, which opted for a club mezzanine deal for the subordinated portion of the capital structure rather than high-yield bonds. Bankers put final touches to Iglo buyout financing -sources 2012-06-21T10:51:49Z TPG Capital is considering an expensive high-yield bond, a path taken earlier this year by KKR, according to a source familiar with the matter. UPDATE 1-KKR puts $1.8 bln Bis Industries up for sale - sources 2012-06-21T10:01:17Z That is a far cry from the $36.6 billion investors poured into high-yield bond funds from January through April. Is Now the Time to Buy Junk Bonds? 2012-06-02T01:20:51Z Individual bond buyers can look for small blocks of high-yield bonds, but high commissions on such trades sometimes can offset the extra yield, Mr. Fabian says. The Sweet Spots in Stocks and Bonds 2012-05-18T22:39:49Z Historically, the interest rate paid on high-yield bonds has been 10 percent or higher. DealBook: Risk Builds as Junk Bonds Boom 2012-08-16T01:25:31Z Still, in the funds he helps manage, Mr. Collins has been loading up on high-yield bonds because of the cushion they can provide against rising rates. How to Play the Bond Market Now 2012-05-07T03:49:49Z But unlike high-yield bonds, which sometimes recover some money in the event of a default, Prosper and Lending Club loans offer investors almost no chance of recovery. Is 'Peer-to-Peer' Lending Worth the Risk? 2012-04-14T01:56:37Z Earlier this year, investors couldn't wait to get their hands on risky high-yield bonds. Is Now the Time to Buy Junk Bonds? 2012-06-02T01:20:51Z And Apple shares can be found even in one high-yield bond fund. Apple Shares Are Too Tempting 2012-03-14T04:38:07Z Treasuries are the benchmark for pricing high-yield bonds. DealBook: Risk Builds as Junk Bonds Boom 2012-08-16T01:25:31Z Last month, the company raised about $1.1 billion in high-yield bonds in part to repay loans that it owed to one of its subsidiaries. DealBook: TXU Buyout Turns Sour for Investors 2012-02-29T01:22:45Z They are best viewed as a subset of the high-yield market, and they look attractive relative to high-yield bonds, some managers say. A Yield Play on Loan Funds 2012-02-25T01:35:17Z He cited energy investments that provide returns of as much as 5 percentage points more than high-yield bonds, with less risk. Apollo’s Black, KKR’s Roberts Say Texas Fund Can Reach 8% Return 2012-02-17T10:47:24Z Even if high-yield bond ETFs are driving volatility, the added transparency and greater trading activity will benefit the market, said Tchir. Exchange-Traded Junk Funds Roil Bond Market as Retirees Jump In 2012-01-13T06:04:13Z Michael R. Milken, a financier at the investment bank Drexel Burnham Lambert, initiated the issuance of high-risk, high-yield bonds to pay for hostile takeovers. DealBook: Risk Builds as Junk Bonds Boom 2012-08-16T01:25:31Z “It will be harder for speculative-grade issuers to refinance if European high-yield bond markets continue to be dislocated and banks continue tightening credit,” the analysts wrote. Debt Downgrades to Rise ‘Substantially’ in 2012, Moody’s Says 2012-01-12T01:27:09Z And while loans typically fall along with high-yield bonds when investors get spooked, they are generally less volatile. A Yield Play on Loan Funds 2012-02-25T01:35:17Z The market volatility, which drew comparisons to the meltdown of 2008, curtailed sales of riskier securities such as stocks and high-yield bonds, which carry higher fees, Wall Street bankers said. Wall Street's Sales Slump 2012-01-02T23:20:30Z Despite the potential for market instability, Mr. Tipp says he is overweight high-yield bonds and leveraged loans that typically react more to volatility relative to his benchmark index, which contains no sub-investment-grade credit. Corporate Borrowers Ride Wave of Enthusiasm 2012-01-02T21:32:28Z Debt-heavy companies taken private in last decade's buyout boom are strengthening their balance sheets by replacing more expensive debt with new high-yield bonds. DealBook: Risk Builds as Junk Bonds Boom 2012-08-16T01:25:31Z The 1,369 exchange-traded funds in the U.S. are built to track everything from stock indexes like the Standard & Poor's 500 to high-yield bonds and niche areas like nickel and Colombian stocks. The 2012 Regulatory and Market Landscape 2012-01-03T07:15:34Z He said spreads between European high-yield bonds and benchmark government rates serve as a gauge for measuring performance of the bonds. From emerging markets to Europe: Van Eck plans euro ETF 2011-12-20T23:12:20Z Leveraged loans and high-yield bonds are those rated below BBB- by Standard & Poor’s and less than Baa3 by Moody’s Investors Service. JPMorgan Appoints Murray to Head U.S. Leveraged-Finance Business 2011-12-19T16:59:02Z When Credit Suisse sold its CoCos, Standard & Poor’s said the market for the securities could eventually surpass $1 trillion -- three times the value of all high-yield bond offerings last year. Investors May Shun CoCo Bonds Approved by European Regulators 2011-12-13T00:25:53Z But 64% of broad U.S. stock funds and 92% of high-yield bond funds have been beaten by their benchmarks over the past five years, according to a mid-2011 report by Standard & Poor's. Fixing an Out-of-Control Portfolio 2011-12-03T02:11:59Z His firm invests in equities and high-yield bonds. Junk Bonds Beating U.S. Stocks by 53% Shows No New Recession 2011-11-28T12:26:45Z Issuance of high-yield bonds in Europe rose to a record $84 billion this year as two years of record-low interest rates encouraged investors to reach down the credit curve. Junk Issuers Deserted by Banks Boost Bonds Six-Fold, Lazard Says 2011-11-24T20:41:17Z There is also $2.25 billion of high-yield bonds arranged, these sources added. KKR-led group has deal to buy Samson for $7.2 billion 2011-11-24T03:51:03Z Mr. Arnott noted that the last time spreads widened to this degree, in 2009, high-yield bonds outperformed stocks by almost two to one. Fundamentally: When Markets Move in Sync: Finding the Downbeat 2011-11-12T21:30:44Z The Standard & Poor’s 500 Index rallied 11 percent in October, while high-yield bonds rose 5.96 percent and Treasuries lost 0.69 percent. Bill Gross Rebounds From Bottom Ranking as Riskier Assets Surge 2011-11-04T17:24:41Z The deal would be one of very few private equity transactions to be completed in Europe lately as leveraged loan and high-yield bond markets remain weak. UPDATE 1-Sagard set to buy Sara Lee unit-sources 2011-11-04T17:31:50Z A EUR375m high-yield bond backing the acquisition of French mechanical engineer firm Spie by a group of private-equity firms is also in the running, a banking source close to the deal said. Bankers ready year-end high-yield clear out 2011-11-04T15:58:39Z The firm went public in 1983 and diversified into high-yield bond trading and investment banking in the 1990s. Jefferies Fires Back as Investors ‘Shoot First’ on Wall Street 2011-11-04T03:48:13Z Loans get repaid before high-yield bonds in a default. Eaton Vance Starts Loan Fund Targeting Australian Investors 2011-10-23T23:46:01Z Private equity companies are exploring alternative financing routes, such as the mezzanine market as an alternative to high-yield bonds. Dealtalk: Big buyouts stalled in capital markets freeze 2011-10-20T16:05:32Z Once confidence began to return to the debt markets, investors flocked to high-yield bonds sold by ailing companies, allowing them to refinance. Insight: New bankruptcy ripples may emerge in tough economy 2011-10-10T21:57:17Z Securitas Direct AB and Coditel Holding SA struggled to refinance temporary bridge loans as the high-yield bond market soured after their buyouts. European Loan Prices Supported by 5 Billion Euros of Repayments 2011-10-03T14:37:02Z Private equity dealmaking, which relies on high-yield bond financing, is down 22 percent from the last quarter. Q3 deal slump nearly halves investment banking fees 2011-09-30T08:00:00Z That compares with 97 cents for high-yield bonds and represents the widest price gap on record going back to 1997, Bank of America said. Loans Yield More Than Bonds for First Time Ever, BofA Says 2011-09-06T20:59:02Z Iceland's buyout would therefore require a high-yield bond and loan financing package, but the European high-yield bond market remains shut. Dealtalk: Big buyouts stalled in capital markets freeze 2011-10-20T16:05:32Z Guggenheim Partners LLC is “aggressively” buying high-yield bonds and views the widening in spreads as unwarranted. Spreads Diverge From Ratings by Most in 20 Years: Credit Markets 2011-09-05T22:10:37Z It’s more commonly used for high-yield bonds and offers less protection than the customary “maintenance” restrictions placed on subordinated loans. Buyout Firms Turn to Mezzanine Finance Amid Europe Junk Drought 2011-08-22T10:59:01Z Take the difference, or spread, between the yield on high-yield bonds and comparable U.S. If 'Junk' Is a Leading Indicator, Look Out 2011-08-19T00:23:20Z Yields on high-yield bonds issued by global homebuilders and real estate companies climbed 110 basis points this month to 9.25 percent, according to Bank of America Corp. index data. Homebuilder Bond Slump Signals Buy to Scotia: Mexico Credit 2011-08-18T12:11:03Z Meanwhile, with the high-yield bond market shut, underwriters are reverting to alternative sources of funding. European M&A loan flurry masks uncertainty 2011-08-08T12:51:46Z Investors are slowing their high-yield bond purchases as the U.S. and Greece implement austerity plans to reduce potentially crippling deficits. Junk-Bond Trading Lowest Since 2008 on Sovereign-Debt Concern 2011-08-03T16:19:02Z The closely held company in June raised 304 million pounds through the sale of high-yield bonds. Aston Martin Doesn’t Ask Q as Profit Means Old Technology: Cars 2011-08-02T13:03:21Z “Credit cycles have tremendous momentum, and whenever they turn you want to pay attention,” said Shaoul, who recommends selling high-yield bonds in emerging markets and betting on further losses in bank shares. Banks in BRICs Signaling Credit Risks as Bad Loans Curb Growth 2011-07-31T23:22:04Z Mr. Kaufman said he was loading up on high-yield bonds, like those issued by HCA, the hospital operator, and Dollar General, the retailer. Investors, Worried About Debt Talks, Look for Havens 2011-07-28T02:16:07Z The carmaker last month raised 304 million pounds through the sale of high-yield bonds. Aston Martin Plans China Push While Awaiting IPO ‘Window’ 2011-07-06T17:47:21Z Trading volumes are decreasing for high-yield bonds even as the debt gains on bets that corporate credit will withstand a market decline better than other types of risky assets. Junk-Bond Trading Lowest Since 2008 on Sovereign-Debt Concern 2011-08-03T16:19:02Z With the course of the economy and the fallout from Greek fiscal crisis uncertain, investors have been unloading risky assets of all stripes, from stocks and commodities to high-yield bonds. Is a Rally Brewing in Junk Bonds? 2011-06-24T22:36:55Z The CDX HY16 North America index for high-yield bonds, which conversely falls as risk appetite decreases, closed below par for the first time this year on Wednesday. Troubling signs point to more losses 2011-06-10T22:23:45Z Bank of America is the largest underwriter of leveraged loans year-to- date, while JPMorgan Chase & Co. is the biggest arranger of high-yield bonds. RBC Capital Markets Combines Loan Sales Teams, Hires Sean Peters 2011-06-07T16:39:47Z The extra yield investors demand to own high-yield bonds instead of Treasuries was little changed at 480 basis points this week, according to Bank of America Merrill Lynch index data. Google, J&J Lead U.S. Company Bond Sales to Busiest Week Ever 2011-05-20T19:50:14Z Funds that invest in high-yield bonds reported $2.8 billion of inflows last month, according to a July 29 report from JPMorgan Chase & Co. Junk-Bond Trading Lowest Since 2008 on Sovereign-Debt Concern 2011-08-03T16:19:02Z Long losing streaks are particularly rare in the high-yield bond universe, where high interest payments often offset falling bond prices. Is a Rally Brewing in Junk Bonds? 2011-06-24T22:36:55Z The carmaker raised the size of a term loan it’s seeking and cut the amount of high-yield bonds it plans to issue, according to people familiar with the transaction. Chrysler Shifts Finance Package as It Jockeys for Best Deal 2011-05-19T18:12:15Z It’s also the 12th largest arranger of high-yield bonds in the U.S. this year, compared with 13th biggest last year, the data show. RBC Capital Markets Combines Loan Sales Teams, Hires Sean Peters 2011-06-07T16:39:47Z A gauge of high-yield bond risk dropped to the lowest in three years. Euro Weakens on Greek Bailout Concern; Stocks, Wheat Advance 2011-05-11T09:36:36Z In order to create more high-yield bonds, lenders made loans to riskier and riskier borrowers, who drove up housing prices and created the bubble. How Much Did bin Laden Cost Us? 2011-05-04T23:33:08Z He later worked on several high-yield bond funds before replacing David Glancy, Leveraged Company’s original manager, who left the firm. Fidelity’s Soviero Wagers on Junk Stocks to Unseat Ken Heebner 2011-04-14T10:49:14Z “I’m not saying they’re going to collapse this year, but you’re on the wrong side of the valuation dance to be entering the high-yield bond market today.” Gundlach’s DoubleLine Adds Company Debt, Cuts Mortgage Bonds 2011-04-12T01:42:42Z “Money managers have typically integrated with analysts and traders touching all non-investment grade products such as leveraged loans and high-yield bonds.” RBC Capital Markets Combines Loan Sales Teams, Hires Sean Peters 2011-06-07T16:39:47Z However, the loans were reduced last year after the company refinanced with a 750 million euro high-yield bond in October last year and 1.2 billion euro high-yield bonds in April last year. UPDATE 1-Ziggo to amend loans ahead of ownership change 2011-04-08T13:05:00Z The firm ranks fourth in underwriting high-yield bonds in the U.S. this year and seventh in arranging investment-grade company debt, according to data compiled by Bloomberg. Deutsche Bank Traders in U.S. Said to Leave Amid Pay Shift 2011-04-07T14:15:02Z The universe of high-yield bonds will expand, even as financing rates rise when the Fed stops stimulating the economy, said Alberto Gallo, a credit strategist at Goldman Sachs Group Inc. in New York. Bernanke Cash Drives Junk Frenzy as JPMorgan Faces Competition 2011-04-01T11:09:00Z It will pay itself an immediate 1.15 billion euro dividend by refinancing existing debt once a 2.25 billion euro high-yield bond to finance the acquisition prices this week. RPT-DEALTALK-Sale of KBW all rewards, no risk for Sweden's EQT 2011-03-22T16:57:00Z Financing for a takeover of KBW is expected to exceed six times its earnings, other people said on Friday, with the package set to include loans and high-yield bonds. Liberty edges ahead in Kabel BW auction: sources 2011-03-19T14:51:43Z The financing for a takeover of KBW is expected to exceed six times earnings, sources said, with the package expected to include loans and high-yield bonds. CORRECTED - UPDATE 3-CVC set to buy Kabel BW in Europe's biggest buyout 2011-03-19T14:01:39Z Private-equity firms are ramping up acquisitions as credit for deals becomes available from banks and investors snap up high-yield bonds used to finance the transactions. Del Monte Shareholders Approve Takeover by KKR-Led Buyout Group 2011-03-07T20:12:39Z Ketchum said surging high-yield bond markets are also an area of greater focus. Brokers probed for entertaining rating firms 2011-03-07T17:42:08Z Other people said that up to six times leverage, or 4.4 billion euros, was financeable from the debt markets in a combination of loans and high-yield bonds. UPDATE 1-Seven groups shortlisted for Polkomtel-sources 2011-03-07T16:08:50Z Equinox will consider credit lines and convertible and high-yield bonds, Carl Hallion, the company’s vice president of business development, said March 3 in a phone interview from Toronto. Miners Love Bonds With Yield Gap at 4-Year Low: Australia Credit 2011-03-07T05:36:02Z The Premier League club's high-yield bonds rose to near-record highs on Tuesday on speculation about a deal. Qatar Holding denies holding talks to buy Manchester United 2011-02-16T12:01:02Z The 18 winning funds' specialties range from precious metals and U.S. real estate to emerging market small-cap plays, global high-yield bonds, and preferred securities. How 2010's Best Mutual Funds Are Investing 2011-01-31T18:15:00Z Continental sold 1.1 billion euros in new shares last year, followed by a total of 3 billion euros in high-yield bonds. Continental, Banks Said to Discuss $7.3 Billion Loans 2011-01-28T09:48:01Z The company sold 1.1 billion euros in new shares last year, followed by a total of 3 billion euros in high-yield bonds. Continental, Lenders Said to Negotiate $7.3 Billion Refinancing 2011-01-27T19:03:03Z The convertible bonds would be mostly three- to five-year maturities and the high-yield bonds would have terms of seven to 10 years. Miners Love Bonds With Yield Gap at 4-Year Low: Australia Credit 2011-03-07T05:36:02Z High-risk, high-yield bonds will mainly be used to refinance existing debt, helping to chip away at the looming “maturity wall” expected between 2012 and 2014, according to 42 percent of respondents. Distressed Buyers Seek Stocks as Debt Bubble Looms, Survey Says 2011-01-26T13:08:30Z It cut convertible and high-yield bonds to below 30 percent of long investments each in November as the market corrected, and added sovereign bonds and short positions in investment- grade and high-yield debt. Value Partners Credit Fund Returns 19% on SE Asia, Middle East 2011-01-26T01:24:11Z Before November, high-yield bond spreads had never been within 100 basis points of those on bank notes, which on average are rated eight steps higher. Europe’s Junk Proves Safer Than Risky Bank Debt: Credit Markets 2011-01-16T22:15:25Z An example of this, he said, would be to sell investment-grade bonds and buy equities or sell high-yield bonds to buy commodities. Wealth Matters: An Optimistic Start to Investing in 2011, With Caveats 2011-01-07T19:29:07Z “As of right now, I would say the market is fairly valuing high-yield bonds.” High-Yield Debt Spreads Narrow to the Least Since November 2007 2011-01-05T19:30:54Z Many clients are investing in sovereign debt and domestic high-yield bonds, said Brothers of Bel Air Advisors. Bond Flight Means Investors Miss Riskier Debt for Higher Yields 2011-01-05T05:27:29Z He cited record high-yield bond issuance, stock markets that were mainly higher and relatively low borrowing rates. Deal Train Begins to Chug 2011-01-02T23:04:13Z That should be good news for riskier investments, such as stocks, high-yield bonds and commodities. Governments Help Markets Score Big in 2010 2011-01-02T23:39:32Z Yet, unlike traditional loan investors — who focus on the value of things like asset coverage, collateral, recovery analysis and covenants — high-yield bond investors focus most heavily on current coupons. DealBook: Trading in an Uncertain World 2010-12-28T17:25:41Z It recently sold $350 million of high-yield bonds to help finance the Spectrum Brands stock swap with the hedge funds. Hedge fund manager Falcone sued over stock swap 2010-12-22T19:30:36Z Brothers said he prefers U.S. high-yield bonds with durations of up to 4 years that offer yields of 7 percent. Bond Flight Means Investors Miss Riskier Debt for Higher Yields 2011-01-05T05:27:29Z Revenue in the Americas rebounded 23 percent to $41 billion, driven by a 52 percent increase in fees from mergers and a 76 percent rise in income from arranging high-yield bonds, the data show. European Investment Banking Fees Shrivel Amid Sovereign Crisis 2010-12-21T00:09:17Z NEW YORK—Performance Food Group on Tuesday withdrew a planned $550 million high-yield bond offering, citing adverse market conditions, according to a person familiar with the deal. Performance Food Withdraws Bond 2010-11-23T18:58:00Z But the fact such a takeover is being discussed illustrates how rapidly private equity dealmaking is recovering -- aided by a booming high-yield bond market and banks' increasing willingness to extend leveraged loans. Cleaning giant ISS explores new LBO: sources 2010-10-27T17:20:00Z Bigger deals are likely to lean heavily on high-yield bonds, rather than just loans. Buyout firms may pre-empt Saint-Gobain unit IPO 2010-10-14T16:07:00Z Some investors expressed hope for a sustained recovery and financial stability by buying high-yield bonds and debt issued in emerging economies. Charting a Path Between Hope and Fear 2010-10-09T21:50:00Z Many firms with speculative-grade credit ratings are tapping a record high-yield bond market to repay existing debts. Weak Firms Pile On Debt---and Trouble 2010-08-27T03:00:00Z Garrett sees a "sweet spot" in corporate high-yield bonds, which he prefers to hold in a diversified open or closed-end fund as opposed to single issues. Investing: Income Plays for a Low-Yield World 2010-08-16T02:30:00Z In May, the high-yield bond market stumbled and prices fell as investors grew nervous about financial market problems in Europe. Abitibi seeks $1.35 billion finance, fees under wraps 2010-08-09T15:00:00Z The deal is backed by senior leveraged loans, some of which will be repaid by high-yield bonds later in the year, a person familiar with the matter told Thomson Reuters LPC. UPDATE 4-Lion to buy Picard in biggest French LBO since 2008 2010-07-26T17:12:00Z Oppenheimer Champion Income, a high-yield bond fund, dropped nearly 80% in 2008, partly because of derivatives tied to commercial mortgage-backed securities. Congress Overhauls Your Portfolio 2010-07-17T03:14:00Z On the other hand, high-yield bond funds, which invest in the debt of riskier companies with non-investment-grade ratings, shed about half a percent. Quarterly investment outlook: Economists wary after stocks' recent slide 2010-07-11T04:00:00Z Only a few months ago, Lyondell Chemical Co was able to line up $2.25 billion in exit financing by selling high-yield bonds, an approach that signaled a certain appetite among investors for risky debt. Analysis: Bankrupt companies wary of financing jitters 2010-06-08T14:11:00Z With fistfuls of cash borrowed at low rates in euro, yen and dollars, investors bought stocks, commodities, U.S. corporate bonds and high-yield bonds. Pro-Growth Collapse Pounds Markets 2010-05-20T23:52:00Z Big companies are turning away from the banks to the bond market as a result: high-yield bond issuance in March broke the previous monthly record. Buttonwood: Dangerous curve 2010-03-31T11:24:00Z The high-yield bond market still offers the most liquidity. 2010-02-08T11:34:00Z Continental could issue a high-yield bond of up to 2 billion euros, before Easter, on the heels of its 1.1 billion euro share sale, two people familiar with the matter told Reuters on Tuesday. 2010-01-12T23:03:00Z At the same time, advisers to bankrupt companies that are exploring financing in high-yield bonds are also lining up term loans, just in case. Analysis: Bankrupt companies wary of financing jitters 2010-06-08T14:11:00Z |
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