We have found these excellent times to find bargains in corporate bonds, as those who overpaid highly promoted and fashionable
corporate bonds sell at cheap prices.
Not exact matches
In the past, banks would happily buy
corporate bonds that investors wanted to dump and then either
sell them to someone else or package them up in another type of security.
«Individual
bonds, including municipal and
corporate bonds, are not as easy to
sell on a time - sensitive basis without paying a premium,» Kaplan says.
Banks are the dealers of
corporate bonds, and their willingness to take risks by buying and
selling bonds has been shrinking.
Each month, Palhares and Richardson sorted
corporate bonds into quintiles based on each liquidity measure and computed the return of a long / short portfolio that buys the least liquid
bonds (i.e., smaller issue sizes, higher bid / ask spreads, lower trading volume, higher price impact or higher frequency of zero - trading days) and
sells the most liquid
bonds (i.e., larger issue sizes, smaller bid / ask spreads, higher trading volume, lower price impact or lower frequency of zero - trading days).
Once it became obvious the world wasn't coming to an untimely end, the next move was to
sell out of longer treasuries and buy
corporate bonds and preferred stocks, particularly from financial entities that now had a government back - stop behind them.
The key feature of 2016 Q1 was the abrupt
sell - off between the start of the year and mid-February in financial markets — equities, lower - rated
corporate bonds and commodities.
By contrast, businesses in the United States typically raise money by
selling corporate bonds.
The offering, which was
sold as a private placement, was the largest dollar - denominated
corporate bond sale since Roche Holding issued $ 16.5 billion of debt in February 2009.
Volkswagen was the first industrial company in Europe to
sell corporate bonds in 2013.
Also funds and ETFs that hold
corporate bonds and hedge by
selling treasury
bond futures may lose value if the spread between
corporate bond yields and treasury
bond yields widens.
Seth Carpenter, Selva Demiralp, Jane Ihrig and Elizabeth Klee find that some categories of investors appear to
sell U.S. Treasuries to the Federal Reserve and rebalance toward riskier assets (
corporate bonds, commercial paper, and municipal debt).
AbbVie, the pharmaceutical unit of Abbott Laboratories,
sold $ 14.7 billion worth of
bonds in the largest offering in the US
corporate debt market in more than three years.
US Treasuries initially
sold off only to recover, investment grade
corporate bond markets had a somewhat muted reaction, while high yield and Read more -LSB-...]
They analyze bank debt,
corporate bonds, convertible
bonds, preferred and common stocks, options, warrants and other financing instruments, to find the cheapest aspect of a company's credit structure and buy it, and find the richest aspect and
sell it.
We
sold into it, doing a massive up - in - credit trade that left the portfolio higher quality than it was prior to 9/11, and giving us room for the upset that would happen as Worldcom went down, and the
corporate bond markets doing a double dip in late July and early October.
Pressure on the
corporate bond market from CDS - related
selling did not abate until mid-November of 2002.
The proximate cause of this
sell - off is a reappraisal of risk in the credit markets, starting first at subprime but now having spread to the riskier parts of
corporate credit, namely high - yield
bonds and loans to finance buy - outs.
There were two hard things I had to learn when I was a
corporate bond manager: 1) learning to
sell lower than my original
sell.
I took growth stocks and
sold them and bought long term
corporate bonds.
High - yield
bonds did not
sell off quite as much, as the shorter duration (4.97 years) index dropped by only -0.09 % for the day as measured by the S&P U.S. Issued High Yield
Corporate Bond Index.
Corporate bonds are
sold and purchased in $ 1,000 increments and the
bond owner receives dividends regularly from the issuer or corporation.
So we
sold some high - yield
bonds, and we bought investment - grade
corporate bonds back in June.
After Fidelity & Guaranty was
sold to Old Mutual plc, my investment arm was
sold along with them, and in the process I became the
corporate bond manager.
As their
corporate bond manager, before I left, I
sold down positions like that that my replacement might not understand, but I did not control the MHABS portfolio then, and so I could not do that.
When I became a
corporate bond manager in 2001, one of the first things I began to do was
sell away all of my automaker
bonds.
Most individual
bonds are bought and
sold in the over-the-counter (OTC) market, although some
corporate bonds are also listed on the New York Stock Exchange.
In the case of a
corporate bond, it's effectively
selling an option on default.
«With the dollars they receive from
selling us goods, they will be buying not only our government
bonds, but
corporate bonds and stocks and even real estate.»
Each month, Palhares and Richardson sorted
corporate bonds into quintiles based on each liquidity measure and computed the return of a long / short portfolio that buys the least liquid
bonds (i.e., smaller issue sizes, higher bid / ask spreads, lower trading volume, higher price impact or higher frequency of zero - trading days) and
sells the most liquid
bonds (i.e., larger issue sizes, smaller bid / ask spreads, higher trading volume, lower price impact or lower frequency of zero - trading days).
US Treasuries initially
sold off only to recover, investment grade
corporate bond markets had a somewhat muted reaction, while high yield and Credit Default Swap markets widened considerably.
If these companies need to
sell fixed income assets to offset liabilities they could impact the U.S. municipal and
corporate bond markets.
Nobody has been able to explain this to me and I am starting to wonder why I don't
sell them and purchase
corporate bonds directly.
At a time like this, I reissue my call to
sell stocks and buy
corporate bonds, even junk
bonds.
The secondary market for
corporate bonds may be less active than the market for ordinary shares, making it harder for the ETF issuer to
sell its
bond investments.
With
corporate / municipal
bonds you normally get interest paid to you as income, and the coupon value of the
bond at maturity (unless you
sell it sooner — for less or more).
ProShares based on the S&P 500 / MarketAxess Investment Grade
Corporate Bonds Index are not sponsored, endorsed,
sold or promoted by SPDJI, Dow Jones, S&P or their respective affiliates and third party licensors, and they make no representation regarding the advisability of investing in ProShares.
Gains and losses You may generate capital gains on a
corporate bond if you
sell it at a profit before it matures.
When I was a
corporate bond manager, I
sold all of my inherited GM exposure at significantly over par in 2001 (spreads were under 200 bp).
Here we go:
Bond PortfolioI
sold our last
corporate loan fund in early June.
In a bad real estate market, you can't
sell; buyers are gunshy — it is akin to what I went through as a
corporate bond manager in 2002.
I equate
bond spreads and option volatility because contingent claims theory views
corporate bondholders as having
sold a put option to the equityholders.
Most
corporate bonds of large corporations are liquid enough that they can be bought and
sold easily.
You can buy (and
sell) some
corporate bonds on the Australian Securities Exchange (ASX) after they have already been issued in the primary market.
The answer is yes, and that means we should
sell stocks and buy
corporate bonds.
You can also buy and
sell some
corporate bonds on the ASX.
Other forms of
corporate debt --- commercial paper, bank loans,
bonds sold outside the US --- are excluded.
If an investor who owns an XYZ Company
corporate bond needs to
sell his or her holding in a hurry, they would have to check the market, or with a broker for a current quote and see which parties might be interested in purchasing the
bond.
A manager under pressure to
sell a million dollars» worth of
corporate bonds might well find that there's only a market for two - thirds of that amount, the remaining third could swiftly become illiquid — that is, unmarketable — securities.
Their forced
selling put in the bottom of the stock and
corporate bond markets in September and October of 2002.