Sentences with phrase «bond defaults in»

In addition, he represents financial institutions and other plaintiffs and defendants in related complex commercial litigation and bond defaults in federal and state court, and bankruptcy appeals.

2) We will see rising junk bond defaults in 2009.

As oil prices have fallen, defaults in the sector have risen — about a quarter of all corporate bond defaults in 2015 were energy related, according to Moody's — and that's made traders even more reluctant to buy.

According to WIND data, over 60 bonds defaulted in 2016, with the affected sectors including land development, mining, steel - iron, and oil & gas.

Not exact matches

When you own a bond mutual fund, you don't actually own a bond — which will continue to pay a coupon so long as the issuer isn't in default — you just own a share of the fund, which is comprised of lots of bonds and sometimes other things.

This «recent stream of defaults» pushed the default rate of junk - rated bonds in the US to 3.9 % for the trailing 12 - month period ended in March, up from 3.4 % in December.

This caused the default rate for broadcast & media junk bonds to spike to 20 %, from 3.7 %, and it caused the default rate for leveraged loans in the sector to spike to 16 %, according to Fitch Ratings, which added soothingly:

The company had a net loss of 10 million yuan (US$ 1.57 million) in the first half of last year, a bond default this year, and it has racked up debts of at least 3 billion yuan.

Although no state has defaulted on general obligation bonds in over 80 years, the 19 th century witnessed numerous instances in which states - and the Florida territory - defaulted on their debts or even repudiated them outright.

Not only isn't there anywhere near enough bank capital in the US to supplant securitization, it is difficult to conceive that the universe of «rates» buyers will become mortgage credit buyers or move over to covered bonds (which default to the issuing bank's credit ratings), at least not at the same price levels and in the same size.

«There's no question the bond markets would be unhappy if a bankruptcy law were passed, but they're already starting to price in the prospect of a default,» Skeel tells me.

China may witness its first local government bond defaults, although the timing was uncertain, Fitch Ratings said in a press release issued on Sunday, amid persistent concerns over high debt levels in the world second largest economy.

The Armageddon default would also likely temporarily decouple trends in U.S. and Canadian bond yields, which historically tend to move closely.

Daniel Hanson, an analyst for Height Securities, told Morning Consult that the current default likely won't have a major effect on the municipal bond market because its effects were already «priced in» ahead of time.

Adding even more uncertainty, Valeant also revealed that it faces a risk of default if it is unable to file its 10 - K with the SEC by April 29, which would break its reporting covenant in its bond indentures.

The option to hold a bond to maturity and «get your money back» (let's assume no default risk, you know, like we used to assume for US government bonds) is, apparently, greatly valued by many but is in reality valueless.

Debt covenants may soon become just another issue in the already long list if Valeant defaults on its bond indentures.

The fund can purchase securities of any credit quality, including those in default, but it will primarily invest in investment - grade debt, with no more than 20 % of the portfolio invested in junk bonds.

Furthermore, investors are now starting to become more wary of bonds and concerned about defaults in the future.

Still, defaults on bonds or other forms of non-bank debt typically don't end up in bankruptcy.

There's a default setting in people's minds that bonds always underperform stocks or never return much.

If the company's underlying stock decreases in value, an investor can still hold onto the convertible bond and receive the bond's par value at maturity, as long as the issuer does not default.

Without debt restructuring, Puerto Rico will be forced to default as it faces nearly $ 2.5 billion in bond payments from May through July, government officials have said.

The Obama Administration's Wall Street managers have kept the debt overhead in place — toxic mortgage debt, junk bonds, and most seriously, the novel web of collateralized debt obligations (CDO), credit default swaps (almost monopolized by A.I.G.) and kindred financial derivatives of a basically mathematical character that have developed in the 1990s and early 2000s.

If a bond issuer fails to make either a coupon or principal payment when they are due, or fails to meet some other provision of the bond indenture, it is said to be in default.

Consider these risks before investing: The value of securities in the fund's portfolio may fall or fail to rise over extended periods of time for a variety of reasons, including general financial market conditions, changing market perceptions, changes in government intervention in the financial markets, and factors related to a specific issuer, industry, or sector and, in the case of bonds, perceptions about the risk of default and expectations about changes in monetary policy or interest rates.

Either you raise adequate tax revenue, or you denominate the debt in long - term bonds and devalue them through inflation, or you default, or you violate the social contract made with those who don't hold paper claims (e.g. Social Security beneficiaries) in preference for those who do.

A crash in the bond market would put the US into default because its ability to borrow and roll over its debt would be gone.

Because credit and default risk are the dominant drivers of valuations of high yield bonds, changes in market interest rates are relatively less important.

As discussed on its March 15, 2016 preliminary earnings call, Valeant could receive a notice of default under its bond indentures as a result of the delay in filing its Form 10 - K for the year ended December 31, 2015.

Credit Risk: Investors that are chasing yield in lower qualiity bonds are doing so by increasing their credit or default risk.

The big topic here is that if Treasuries are doomed to fall, we can expect weaker bonds to be put under increasing stress, leading to events that coukd serve as a catalyst for defaults and repricing in the broader asset class.

Junk bonds, for instance, are producing a less than pulse - quickening yield of 6 % which, adjusted for defaults (likely to explode during the next recession), isn't worth the risk — save in a few special situations.

The way to make money in high yield bonds over the long term is to try to avoid as many of the eventual defaults as possible.

The resulting deregulated and unregulated institutions have brought us one financial crises after another — the savings and loan scandal, the bubble and bust in Real Estate Investment Trusts, the collapse of the hedge fund, Long Term Capital Management, which threatened to set off a daisy chain of bond defaults, and more.

Invest in high enough quality bonds and the risk of default is next to zero.

12-10-2010 Resignation of Chairman 11-10-2010 Caledonia Mining Announces Third Quarter 2010 Results 10-21-2010 Caledonia Mining Announces the Commissioning of the No. 4 Shaft Project 08-26-2010 Caledonia Mining Announces the Completion of the Underground Installations on the No. 4 Shaft Project 08-18-2010 Caledonia Option Exercise Prices Reduction Becomes Effective 08-12-2010 Caledonia Mining 2010 Second Quarter and Half Year Results and Management Conference Call 06-14-2010 Caledonia Commissions the First Standby Generator at Blanket Gold Mine in Zimbabwe 05-14-2010 Caledonia Mining First Quarter 2010 Results 05-06-2010 Caledonia Installing a Standby Generator at Blanket Gold Mine in Zimbabwe 03-31-2010 Caledonia Mining 2009 Fourth Quarter and Annual Results and Management Conference Call 02-12-2010 Government of Zimbabwe sets out Regulations for Indigenisation 01-29-2010 Reserve Bank of Zimbabwe Defaults on Bond Repayment to Caledonia Mining and update on timeline for completion of No. 4 Shaft Expansion

Investors should keep in mind that bonds are subject to risks, including market, inflation, interest rate and default, among others.

The surreal scene, playing out in a squat concrete building at the park on the outskirts of Buenos Aires, is the latest twist in the long - running battle between Fernandez's administration and investors that refused to settle after the country's 2001 bond default.

Investments in high - yield («junk») bonds involve greater risk of price volatility, illiquidity, and default than higher - rated debt securities.

Between 1970 and 2014, not a single Aaa - rated muni defaulted, while Aa and A-rated bonds — the kinds NEARX heavily invests in — were highly unlikely to default.

The default assumptions for comparing the harvesting strategies are 60:40 equity bonds, 30 year retirement and portfolios of bonds in intermediate (not short) term treasuries and stock in 70 % total market and 10 % each in small company, small value and large value.

Although he says he is not sure whether the market will suffer $ 10 billion or $ 30 billion in defaults, he is certain that there will be a panic at the margin, and Muni bonds from the highest - rated on down will fall, in part because other investors tend not to step to invest.

The Venezuelan government and its state - run oil company, PDVSA, both defaulted on certain bonds in November, according to ratings agencies.

Readers have no doubt noticed that numerous inter-market correlations seem to have been suspended lately, and that many things are happening that superficially seem to make little sense (e.g. falling junk bond yields while defaults are surging; the yen rising since the BoJ adopted negative rates; stocks rising amid a persistent decline in earnings growth; bonds, gold and stocks moving in unison, etc., etc.).

As individuals normally hold far fewer bonds in their portfolio than bond mutual funds, the chances that a default will result in a large loss for the investor are generally higher for those investing in individual bonds.

The basic point here is that by focusing on declining credit quality you put yourself in a position to sell a bond long before any potential default.

LB: With the default rate on municipal bonds being so low, is the benefit of diversification worth 100 BPS (1.0 %) in fees?

While defaults are rare in the municipal bond market (less than half of 1 percent) they do happen.

After more than 15 years in technical default, Argentina re-entered the credit markets in April 2016 with a bond offering that was oversubscribed multiple times.