Sentences with phrase «at junk credit»

Aside from AGO, all are at junk credit levels.

Aside from AGO, all are at junk credit levels.

Not exact matches

The recent popularity of junk goes counter to multiple warnings from Wall Street experts who believe the sector is in trouble due to looming interest rate hikes and declining earnings for companies particularly at the lower end of the credit spectrum.

Plenty of investment - grade credit bonds suspended coupon payments in the Depression, transiting directly from A to D rating without even making a pit stop at a C junk rating.

At its peak, Teck had more than $ 7 billion in debt outstanding, which caused its leverage ratio to rise, resulting in the company not only losing its investment - grade credit rating but getting downgraded deep into junk territory.

Standard and Poor's joined Moody's Investors Service in dropping Rockland County's credit rating level on Friday, June 29, putting the county at just above junk status.

Town Supervisor Joseph Saladino faces several challenges, including credit ratings at or just above junk status, multimillion - dollar accumulated debt, a 2017 budget that includes an 11.5 percent tax levy increase to help restore the town's financial footing, and an investigation by the Securities and Exchange Commission.

Probability calculations are at the heart of the software most of us rely on daily, whether it is Amazon.com or iTunes recommending new products based on previous purchases, a spam filter weeding out junk e-mail or a credit card processing program searching for potentially fraudulent transactions.

As for the six rogues who are credited as scriptwriters, they have at least two things to be grateful for: They got paid for this junk and, in Hollywood, there are no gangplanks.

The bubble was a combination of (a) teaser rates on option ARMs which were like financial time bombs, (b) liar loans in which the rules of good mortgage underwriting (20 % down, 28/36 ratios) went out the window, (C) people at rating agencies who decided that if one pools enough junk loans into one bond, it's magically AAA, and (D) Credit default swaps which encouraged these bad loans, and when they collapsed a number of people walked away with billions of dollars.

Next we'll look at junk bond ETFs, which include Horizons Active High Yield Bond ETF, iShares U.S. High Yield Bond ETF, and First Asset Active Credit ETF.

What's more, just like the September - October pullback of 2014, market internals have been deteriorating at a noteworthy pace, whether one is looking at waning breadth of bullish stock participation or widening credit spreads between investment grade and higher yielding corporates / junk corporates.

This is much worse than junk bonds, since the default rate on those even at the height of credit crisis never reached 20 %.

It's also not the time to chase attractive junk bond yields, since they're getting hit by interest rate risk and credit risk at the same time.

In this New York Times feature article, here is an in - depth look at just how sleazy credit card debt junk debt... [Read more...]