Sentences with phrase «bonds at higher yields»

Senior bonds trade with low yields, junior bonds at higher yields, and preferred stock at higher yields yet.

A yield buyer is willing to buy more bonds at higher yields, all other things equal.

Not exact matches

You'll be surprised at what the correlation has been between the high - yield bond market and the overall stock market.

NEW YORK, May 1 - The dollar broke into positive territory for the year and U.S. bond yields inched higher again on Tuesday as the recent rise in oil prices fueled expectations the Federal Reserve could flag more interest rate hikes at its policy meeting this week.

The bonds of iHeartMedia have long been in the basket of «distressed debt,» meaning their prices have fallen so far to where their yields are at least 10 percentage points higher than equivalent Treasury yields.

Typically, higher interest rates make existing bonds less attractive to buyers, since they can get new notes at loftier yields.

It sold the bonds at high enough yields to receive orders for three times that amount.

At some point, investors who are conflating high - yielding consumer staples stocks with bonds or who are taking interest rate risk in long - dated Treasurys will see drawdowns as well.

The yield on the BofA Merrill Lynch High Yield Bond index rose from just over 6 percent at the end of May to 7.9 percent as of Novyield on the BofA Merrill Lynch High Yield Bond index rose from just over 6 percent at the end of May to 7.9 percent as of NovYield Bond index rose from just over 6 percent at the end of May to 7.9 percent as of Nov. 17.

On average, high - yield bonds are trading at 86 cents on the dollar, meaning the market is predicting a 14 % loss on the loans.

The yield on the benchmark 10 - year Treasury notes, which moves inversely to price, was higher at around 2.314 percent, while the yield on the 30 - year Treasury bond was also higher at 2.877 percent.

The bid - to - cover was 2.70, while 11.57 percent of the bonds were bought at high yield.

Lewis, fund's chief investment officer, spent nine years at Citigroup as a director of the bank's global special situations group, a $ 5 billion prop - trading group that specialized in distressed debt, high - yield bonds, and value equity.

«Net short positions on 10 - year Treasury notes are at historical highs, implying that rising US bond yields remains among hedge funds» major convictions.»

With equity valuations at historic highs and government bonds barely eking out a return, junk bonds offer solid yields at a good price, he reasons.

People are looking more at the domestic situation and saying, «You know what, maybe we need a higher bond yield,»» Yardeni says.

The yield on the 30 - year Treasury bond was at 2.981 percent, after rising as high as 2.999.

Rising inflation expectations in recent months have been reflected in U.K. government bond (gilt) prices with the yield on 10 - year gilts touching its highest level since April this year at 1.509 percent in Monday's session.

All in all, we believe eurozone bond yields may move a little higher, but any increase is likely to be capped by the ECB's ongoing level of purchases, at least until policymakers start to signal their next steps on monetary policy later in the year.

The irony is that the US has hit its debt ceiling and the US Federal Reserve will end its bond purchases at June - end: both factors that should be pushing yields higher.

The article makes the point that unlike most ETFs, high yield bond ETFs often trade at prices far from their fair value.

Elsewhere, at the single country and asset class fund levels, High Yield Bond Funds recorded their ninth consecutive outflow while Inflation Protected Bond Funds took in fresh money for the 10th time in the 11 weeks, year - to - date.

A high quality muni - bond portfolio can yield close to 4 % tax free, with inflation essentially not existent and equities at an all time high I'm curious if there is a flaw in my logic?

European government bond and U.S. 10 - year Treasury yields are trading at their highest levels in more than two months and the U.S. 30 - year Treasury bond yield reached a high for the year on Tuesday.

In other words, at a certain level higher bond yields create real competition for stocks, particularly dividend stocks, and put downward pressure on multiples.

With market volatility hitting multi-decade lows, junk bond yields also at record lows, the median price / revenue ratio of S&P 500 constituents at a record high well - beyond 2000 levels, and the most strenuously overvalued, overbought, overbullish syndromes we define, I'm increasingly concerned about the potential for an abrupt «air pocket» in the prices of risky assets that could attend even a modest upward shift in risk premiums.

With Group of Seven (G7) sovereign bond yields at historically low levels, some income - seeking investors have turned to higher - volatility securities like dividend - paying stocks in an attempt to capture additional income.

At that time, the 10 - year Treasury bond had a duration of just 6 years (due to the very high coupon payments and yield - to - maturity available), while the S&P 500 had an extraordinarily low duration of just 16 years.

With rates at historic lows, many investors have used high - dividend stocks, rather than low - yielding bonds, in pursuit of income.

We invest in countries around the world at all levels of the capital structure — from debt (first lien bank debt, second lien loans and high yield bonds) to undervalued equity.

These economies are growing at a faster pace than the developed world, which can mean bigger profit possibilities for their companies and higher yields for their bonds.

At Bear, Stearns & Co., Mr. Abbott served as a Vice President in Financial Analytics & Structured Transactions (F.A.S.T) where he structured and reverse engineered complex CDO transactions, secured by a wide range of debt products, including high yield bonds, senior secured leverage loans, trust preferred bank loans, RMBS as well as other esoteric receivables.

So while these «fallen angel» bonds have the potential to be intrinsically higher quality than debt originally issued at the junk or high - yield level, undue structural selling pressure from the downgrade can cause them to sell at a discount.

At its centre is the prospect that bond yields go significantly higher than 4 per cent.

High - yield bonds represented by the Bloomberg Barclays High Yield 2 % Issuer Capped Index, comprising issues that have at least $ 150 million par value outstanding, a maximum credit rating of Ba1 or BB + (including defaulted issues) and at least one year to matuyield bonds represented by the Bloomberg Barclays High Yield 2 % Issuer Capped Index, comprising issues that have at least $ 150 million par value outstanding, a maximum credit rating of Ba1 or BB + (including defaulted issues) and at least one year to matuYield 2 % Issuer Capped Index, comprising issues that have at least $ 150 million par value outstanding, a maximum credit rating of Ba1 or BB + (including defaulted issues) and at least one year to maturity.

For example, it does not include euro bonds («reverse Yankees») that are hot in Europe, where junk bond yields are at a ludicrously low 2.35 % on average, and the high - grade yield is just above zero.

You may search for and purchase high yield bonds at Fidelity.com, where you can choose the credit rating levels appropriate for your portfolio and risk tolerance.

The BofA Merrill Lynch high - yield index is trading at roughly 600 basis points versus government bonds, but if energy, metals and mining is excluded, it's about 80 basis points less in terms of spread.

High yield (non-investment grade) bonds are from issuers that are considered to be at greater risk of not paying interest and / or returning principal at maturity.

Carl Icahn, Icahn Enterprises Chairman, on the high yield bond market, at the Delivering Alpha conference.

In a country where the unemployment rate is at a 20 - year low and industrial output is approaching historical highs, fueling inflation concerns, a 10 - year government bond yield of 1.5 % is totally inappropriate and will naturally spur people to buy real estate.

On average, high - quality corporate bonds currently have yields that are at least one percentage point higher than Treasury bonds.

In the bond market, Treasuries were higher, but little - changed, with the 2 - year yield right at 2.5 % and the 10 - year sitting at 2.96 %.

These conditions comprise the following: S&P 500 overvalued with the Shiller P / E (the ratio of the S&P 500 to the 10 - year average of inflation - adjusted earnings) greater than 18; overbought with the S&P 500 within 3 % of its upper Bollinger band (2 standard deviations above the 20 - period average) at daily, weekly, and monthly resolutions, more than 7 % above its 52 - week smoothing, and more than 50 % above its 4 - year low; overbullish with the 2 - week average of advisory bullishness (Investors Intelligence) greater than 52 % and bearishness below 28 %; and yields rising with the 10 - year Treasury bond yield higher than 6 - months earlier.

And during each of those prior yield curve inversions my answer has been the same: Because in two years your high - yielding bond will mature and you'll be renewing at much lower rates.

At this point, it's human nature to say — as I've often heard from clients over the last 39 years, whenever short rates rise above long rates — why buy a 20 - year bond when I get a higher yield on a 2 - year piece of paper?

It is therefore not yet clear (although clarity could develop in the coming weeks) that we are at a tipping point from which we will see bond yields march dramatically higher.

Wall Street looks at high - yield bonds as a leading indicator for stocks.

After providing double - digit returns for many years, REITs are now well off the previous highs and trade at an estimated 15 % discount to net asset value (Source: TD Securities) and yielding an average of 7 %, a spread of 2.75 % over 10 - year bonds.

For borrowers, leveraged loans offer two significant advantages over high - yield bonds: They are cheaper, by about 100 basis points on average at the moment.