Sentences with phrase «junk bond market»

And while bubbles may yet emerge, by their very nature they're likely to be found somewhere entirely unexpected — not a closely watched, highly liquid market like the $ 1.3 trillion United States junk bond market.

While the bond market in general has become relatively illiquid, the corporate junk bond market is now largely trading in «step function» prices for anything larger than «one - sies and two - sies» ($ 1 to $ 2 million bond trades).

Puerto Rico bonds are included in the S&P Municipal Bond High Yield Index and as a result add 129bps to the yield of the entire muni junk bond market (as of Feb. 24, 2016).

The Peritus High Yield ETF (HYLD) shops the total junk bond market, but management has invested the fund in only 59 issues.

As an example, the European junk bond market now implies a -1.2 % chance of default in the segment (yes, negative).

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.

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.

There is an ongoing debate about the current state of the junk bond market and what it means for equities and, more broadly, the economy.

One last note, historically, the big movements in the junk bond market tend to lead big movements in the stock market.

But the junk bond market actually began slowly rolling over a full year before the price of oil collapsed:

But the junk bond market is starting to smell problems.

I agree the junk bond market is overextended.

Currently there's a massive bubble being blown in the junk bond market.

I would suggest that when the current stock bubble pops, the two areas in red circles above will look like small blips in comparison to the carnage that is in store for the junk bond market.

With the current capital markets having been flooded with Fed, Bank of Japan and ECB money printing, I'm not sure the junk bond market will act as a warning beacon this time around.

The junk bond market is notorious for going «illiquid» at times when investors need bid - side liquidity the most.

If insurance companies and pension funds are underfunded currently, just wait until the junk bond market goes through another cyclical collapse...

If you have a retirement fund or an insurance policy, you are exposed to the junk bond market.

Mr. Swaffield has described the «yield hog» chasing strategy that we used to laugh at when I was a junk bond market professional.

If true mark to mark were imposed on the junk bond market, that $ 7 billion loss could easily turn into a $ 21 billion loss.

You see that the junk bond market, as represented by the HYG ETF, peaked in July 2013.

This event didn't seem to infect the junk bond market until early July 2014.

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 see some analogous developments with the junk bond market.

Commodity prices, which stabilized in 2017, lent strength to the junk bond market.

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

All this changed when the junk bond market crashed in the late 1980s and Drexel Burnham Lambert subsequently folded in 1991.

7) How amazing was the junk bond market?

That said, the investment grade corporate bond market, the junk bond market, and the bank loan markets can't have a better year in 2010.

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

The distressed segment of the junk bond market has the most concentrated trading activity indicating that the majority of bonds in that segment are significantly less liquid.

4) One example of that is the junk bond market, where the average yield is now over 20 %.

Yes, there had been bad times every time the junk bond market crashed, and troubles with commercial mortgages 1989 - 1992, but the industry had not learned its lessons yet.

The energy and materials sectors of the bond markets have been a real drag on performance on the junk bond markets as bond prices have fallen.

This edition of Intelligent Money will review the recent innovations in the junk bond market and offer some insights into how they might best be used as an investment tool

This has particularly been the case for issuers rated below investment grade, like Rogers Communications, who have accessed the well developed U.S. high yield or junk bond market.

During this time, another famous asset manager Third Avenue Management had to shut down its Focused Credit Fund (TFCIX) because of mounting withdrawals and the lack of liquidity in the junk bond market.

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

The book was written in 1991, after the junk bond market collapse, and contains a decent amount of criticism of the era.

The junk bond market is very cheap, but it requires a special set of skills and we do not apply them at Cumberland.

On June 24th, the junk bond markets were fairly tightly bid, and volume in the main high yield ETFs [JNK & HYG] were moderate.

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.

The collapse of the energy market negatively affected the junk bond market, with all headline high - yield indices posting negative returns.

At best, investors have exposure to only half of the junk bond market through these two basic index funds.

The primary junk bond funds include the SPDR Barclays Capital High Yield Bond ETF (JNK) and the iShares iBoxx $ High Yield Corporate Bond Fund (HYG), but these two funds are very different from one another, and the junk bond market as a whole.