Sentences with phrase «in junk bond»

As an example, an insurer that already was at a full allocation on junk bonds could not take advantage of the depressed levels in the junk bond markets; such investors were biting their nails, wondering if they would make it through alive.

Is this move in the junk bond market a hiccup, or the start of something big?

The energy sector alone has $ 248 billion in junk bond debt — some of the riskiest debt there is!

How strongly is the return in the junk bond market correlated with the return in the stock market over medium and long time horizons?

Also, the default rate may reach or exceed the previous peak in 2002 if the economy remains weak, suggesting major declines in junk bond prices.

Yet, bond investors have only piled on more risk, from record growth in high - risk, covenant - lite loans to leveraged - loan funds holding billions in collateral in over-indebted retailers to sustained lows in junk bond yields.

It's hard to argue that the modest fall in junk bond prices suggests that a larger correction is imminent.

However, the homogenization of the US corporate bond markets is worrisome and should begin to raise some eyebrows in the junk bond markets.

He was involved in a junk bond visa scam, which further exposed an incredible abuse of the Presidency.

He said, «Look, there's a great over-extension in the junk bond market, they're going to go down».

On the table for discussion is the recent and massive sell - off in the junk bond sector.

There are various ways to participate in the Junk Bond rally that is just underway - from purchasing individual corporate bonds to diversifying risk with double - digit yielding Bond ETFs, Mutual Funds and individual corporate paper.

Bank of America Merrill Lynch raised a total of $ 2.6 billion in investment banking fees in the US last year, when it benefited from a boom in junk bond underwriting as corporate issuers rushed to take advantage of low rates ahead of the Federal Reserve's plans to withdraw stimulus measures.

Yet, bond investors have only piled on more risk, from record growth in high - risk, covenant - lite loans to leveraged - loan funds holding billions in collateral in over-indebted retailers to sustained lows in junk bond yields.

So you've learned when to be in the junk bond market and when to be out as well as how to evaluate individual junk bonds and have decided to take the plunge and pick out an individual junk bond or two.

I've seen a big seller who needed to sell a big position in a junk bond issue force the market down 40 points in order find a level where buyers would step up.

It may be that stock investors figure that most of the problems in the junk bond market are in the energy segment, which accounts for about 17 % of the market.

The Medicis deal, financed through debt, has bumped the company's debt level to more than $ 7 billion, or a 4.2 debt ratio, forcing Moody's to put Valeant's debt — already in junk bond territory — under review for a downgrade.

His legal background proved invaluable in 1991, when the state of California and its insurance commissioner John Garamendi seized Raleigh's then - financial partner Executive Life Insurance Company after the value of the insurer's multibillion - dollar portfolio collapsed — a fate tied to its massive investments in the junk bond market of the go - go 1980s.

Investors increasing their current yield by taking credit risk in junk bonds have recently learned a similar lesson.

Bloomberg, though, has an entirely different take, claiming, «The rout in junk bonds is intensifying and there's blood in the water.»

Pension fund managers played a large role in the junk bonding of industry in the 1980s.

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.

Morgan Stanley's wealth management division announced right after New Year's that it was taking its recommended portfolio allocation in junk bonds down to zero.

Currently, I am not invested in junk bonds.

In the wonderful new service economy we would all become market researchers, or dealers in junk bonds or food.

The plan is to invest in junk bonds and loans, mostly CCC or better.

A sliver might be in junk bonds.

The structural issue at work encouraging the deal - making is that cash flow yields are markedly above junk bond yields, similar to the environment during the late «80s when the market in junk bonds flourished.

These ETFs invest in junk bonds, senior loans, as well as international below investment grade debt.

Reach for yield in junk bonds and take on default risk?

in 2009, there are a lot of them, in residential housing, in commercial real estate, in junk bonds, etc..

Guggenheim also offers defined maturity funds that invest in junk bonds.

Investors were encouraged by the passage of the tax reform bill in the House, but remained on edge about the sell - off in junk bonds.

In 1978, he launched a fund at Citibank that invested in junk bonds at a time when most investment firms thought them too risky to own — a «powerful bias» that produced marvelous inefficiencies.

• The world's biggest money manager, BlackRock, opened the first ETFs that will invest in junk bonds from Europe to Asia.

It invests primarily in investment grade debt securities, but may invest up to 20 % of its total assets in junk bonds that are rated B or higher by Moody's, or equivalently rated by S&P or Fitch, or, if unrated, determined by PIMCO to be of comparable quality.

Bonds suffered in September, buffeted both by a jump in rates, which hurt Treasuries and high - grade corporates, and by a rout in junk bonds.

Not exact matches

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:

In the short - term, however, this increased leverage may actually be bullish for junk bonds, corporate bonds, emerging market debt and mortgage - backed securities as it brings higher prices and lower yields, he said.

The sell off in the market for high yield debt, or junk bonds, is now hitting a type of structured bond that is similar to the the type that blew up in the financial crisis.

Although there may not be a bond bubble, with investors starved for yield, Gundlach predicts a potential bubble could form in credit risk as investors increase their leverage on riskier debt securities like junk bonds and emerging market debt.

«It's on the way» to junk status, said Carlos Gribel, the head of fixed income at private investment bank Andbanc Brokerage in Miami, adding the bonds still have room to fall before becoming attractive to investors with an appetite for risk.

«You have to be able to withstand volatility,» said Glassman, who noted that junk bonds lost 21 percent in 2008.

With junk bond managers looking to diversify their portfolios, some may be in the market for a large tech deal.

This, the office which Rudy Giuliani led to national prominence with his late - 1980s busts of junk - bond king Michael Milken, Ivan Boesky, and the Drexel Burnham insider - trading ring, is one of the few outfits in the country that even know how to prosecute complex securities crimes.

Beyond the requirements that liquidity and regulators impose on us, we will purchase currency - related securities only if they offer the possibility of unusual gain — either because a particular credit is mispriced, as can occur in periodic junk - bond debacles, or because rates rise to a level that offers the possibility of realizing substantial capital gains on high - grade bonds when rates fall.

The company's lone outstanding junk bond, worth $ 1.8 billion and maturing in 2025, briefly dropped two points to as low as 85 cents...

The company's lone outstanding junk bond, worth $ 1.8 billion and maturing in 2025, briefly dropped two points to as low as 85 cents on the dollar for a yield of around 8 percent on Monday, according to MarketAxess data.