The recent risk-off move in markets is affecting more than just stocks. Prices have also dropped sharply on speculative-grade ...
What happened next? Treasury yields plunged while junk yields soared. The chart below plots the junk-bond spread over the past three decades. Not only do you have to go back to 2007 to find the ...
PCN outperformed major fixed-income indices and peers in total return over the past five years. Check out my recommendation ...
The Calamos Convertible Opportunities and Income Fund offers high income potential, inflation hedging, and smart strategies.
The spreads between the yields on corporate bonds and U.S. Treasuries hit their widest since September this week, pointing to ...
As the America First trade unwinds across markets, a key indicator is showing that investors are now more worried about lower ...
Worries that President Donald Trump’s tit-for-tat tariffs could end up damaging the U.S. economy have begun spilling over into riskier “junk”-rated corporate bonds. Stocks have tumbled from ...
You’d think that junk bonds might fall more than Treasuries in ... The red line on the chart is a “trigger” level I’ve drawn where the high yield spread is 4.5%. Why is this level important?
Junk-debt returns will fall short of lofty expectations, but they’ll likely do better than stocks for the first time since the global financial crisis, according to high-yield guru Marty Fridson.
Junk-bond investors are giving zero odds to a global trade war. They are almost certainly wrong, since even if a trade war is avoided, the odds are not zero. Consider the junk-bond spread ...