The yield of the S&P U.S. Investment Grade
Corporate Bond Index moved lower by 8 bps during the last week of the month to close at 2.89 %.
The pickup in Treasuries last week also helped corporate bonds, as the yield - to - worst of the S&P U.S. Investment Grade
Corporate Bond Index moved lower last week by 6 bps, half of the movement by Treasuries.
The yield of the S&P U.S. Investment Grade
Corporate Bond Index moved lower by 8 bps during the last week of the month to Read more -LSB-...]
Not exact matches
Though both the S&P / LSTA U.S. Leveraged Loan 100
Index and the S&P U.S. Issued High Yield
Corporate Bond Index have seen their yields trend downward from the start of the year, loans have experienced more downward movement dropping 75 bps, while high yield only
moved 31 bps.
In response to the most recent events, the Under Armour
bond has been downgraded to BB + and will be moved out of the investment - grade index and into the S&P 500 High Yield Corporate Bond Index at the next month - end rebalancing (February 2017), as per the index ru
bond has been downgraded to BB + and will be
moved out of the investment - grade
index and into the S&P 500 High Yield Corporate Bond Index at the next month - end rebalancing (February 2017), as per the index r
index and into the S&P 500 High Yield
Corporate Bond Index at the next month - end rebalancing (February 2017), as per the index ru
Bond Index at the next month - end rebalancing (February 2017), as per the index r
Index at the next month - end rebalancing (February 2017), as per the
index r
index rules.
For the previous week, Lipper data reported positive flows into investment - grade
corporate bonds (June 3, 2015), which appeared to be buying on the dip, as the
index moved from a Read more -LSB-...]
For the previous week, Lipper data reported positive flows into investment - grade
corporate bonds (June 3, 2015), which appeared to be buying on the dip, as the
index moved from a yield of 2.89 % on May 29, 2015, to the June 3, 2015, level of 3.10 %.
We believe both short - and long - term
bond yields could
move up, and we plan to maintain an overweight position in
corporate bonds compared to the Bloomberg Barclays Capital Intermediate U.S. Government / Credit
Index, as they tend to outperform Treasuries during periods of economic expansion.
The S&P U.S. Issued High Yield
Corporate Bond Index yield widened only 8 bps from 5.31 % to 5.39 % on Wednesday, as again the market anticipated a last minute deal, only to widen further on the 31st to 5.62 % and then again on Friday to 5.84 % for a total
move of 53 bps.
Over the same time frame, the S&P U.S. Issued Investment Grade
Corporate Bond Index dropped -0.72 % month - to - date and its year - to - date return had
moved from 5.59 % at the start of the month down to 4.82 %.
Investors who have been chasing higher yields by
moving down in credit will most likely experience a loss this month, as the S&P 500 High Yield
Corporate Bond Index has returned -1.26 % month - to - date.
The investment grade U.S.
corporate bond market tracked in the S&P 500 Investment Grade Corporate Bond Index has had a modest negative return of 0.29 % month - to - date so Apple bonds appear to be moving in line with the rest of the bon
corporate bond market tracked in the S&P 500 Investment Grade Corporate Bond Index has had a modest negative return of 0.29 % month - to - date so Apple bonds appear to be moving in line with the rest of the bond mar
bond market tracked in the S&P 500 Investment Grade
Corporate Bond Index has had a modest negative return of 0.29 % month - to - date so Apple bonds appear to be moving in line with the rest of the bon
Corporate Bond Index has had a modest negative return of 0.29 % month - to - date so Apple bonds appear to be moving in line with the rest of the bond mar
Bond Index has had a modest negative return of 0.29 % month - to - date so Apple
bonds appear to be
moving in line with the rest of the
bond mar
bond market.
Shorter duration, high - yield
bonds, such as those captured in the S&P 0 - 3 Year High Yield
Corporate Bond Index, are up 0.09 % MTD and 1.85 % YTD (as of March 13, 2015), as investors
move down the curve in order to reduce rate volatility and term risk exposure.