Sentences with phrase «than corporate bond markets»

Putting all this together, the Australian corporate bond market is relatively small in size and is less well developed than corporate bond markets in a number of other countries.

It's less relationship - driven than the corporate bond market because there are fewer products to trade, making it more prone to automation.

Diversity & number of bond issues: The nearly 100,000 bond issues tracked in the S&P Municipal Bond Index illustrates that the municipal market has many smaller and less frequent issuers than the corporate bond market.

When we had the last spike, the credit default swap market had notional amounts smaller than the corporate bond market.

Not exact matches

So, it is a very different market than it was 10 years ago, and you're going to see a lot of corporate bond issuance as these infrastructure projects go out there, and you can capture some pretty good yields and you know what you're buying because it's a corporate bond.

But there's more going on here than poor planning and backroom arguments — something that is making even wary investors outside the corporate bond market sit up and take notice.

FLIA will invest in fixed - and floating - rate bonds from the full range of governmental and corporate issuers representing developed markets other than the U.S..

Some 5.7 % of corporate junk bonds from emerging markets are trading at prices below 70 cents on the dollar, more than double the rate for higher - risk U.S. bonds, according to JPMorgan.

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).

But a further decline of less than 2 % in the corporate bond market would represent a fresh breakdown.

The average investment - grade (high - yield) bond trades on less than 32 % (36 %) of days over the prior six months — liquidity in corporate bonds was considerably lower than in traditional listed equity markets.

For one, the share of securities whose 12 - month trading volume equals at least half of the number of securities outstanding has fallen from 20 % to less than 5 % in the US corporate bond market since 2007 (CGFS (2014)-RRB-.

Meanwhile, bid - ask spreads in major corporate bond markets have narrowed sharply in recent years, but remain somewhat wider than the levels observed immediately before the global financial crisis (Graph 2, right - hand panel).

Its $ 46 billion corporate bond issue in January 2016 was hailed as the largest on record; large bond issues were easier to trade than small ones as banks shied from debt capital market in response to capital requirements.

* Municipal bonds can also help insulate your portfolio against market volatility, and tend to have lower default risk than corporate bonds.

It's also interesting to examine the changing significance and dynamics of the European bond market in general, which has almost doubled in size since 2005 to more than $ 10 trillion today, including government, investment - grade corporate debt and high yield.

In that instance, the earliest warnings were from weakness in utilities and corporate bonds, but the percentage of stocks above their own 200 - day averages didn't fall below 60 % until the market itself was already down nearly 10 % from its high; less than two weeks before the crash.

Last year already set a record for corporate borrowing in Europe's bond markets, where rates are significantly lower than in the US.

Interviews earlier this year with nearly 60 global bond investors found that more than expected - 29 % - either currently make prices in the corporate bond market or plan ton do so in the next 12 months.

These bonds are viewed by the market as riskier than other corporate bonds since there is lot of uncertainty about their future, and these companies will not be able to guarantee repayment of the bond.

Roughly half of the ETFs have a higher correlation to treasury bonds and the other half to the S&P 500 Index (i.e., CWB — convertible bonds, JNK — high yield corporate, PFF — preferred stock and XLU — utilities all react to interest rates but are more correlated to the stock market than to treasury bonds).

Issuance of investment - grade corporate bonds picked up in early March in a receptive market, as investors sought higher yields than were available on safe - haven Treasury bonds.

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.

Namely, bond coupon payments are determined by market interest rates, the type of issuing entity (government bonds pay lower coupons than corporate bonds because of lower default risk), the creditworthiness of the issuing entity (AAA companies pay lower coupons than CCC companies), and the maturity of the bond, which we will talk about next.

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.

While the corporate sector is relatively small in Australian bond market, the size actually grew more than 80 % since the Read more -LSB-...]

Yields are also higher for the S&P U.S. Issued High Yield Corporate Bond Index than for the S&P / LSTA Leveraged Loan 100 Index (6.5 % versus 5.05 %, respectively), implying that market participants are willing to hold bank loans for less of an interest return than high - yield corporCorporate Bond Index than for the S&P / LSTA Leveraged Loan 100 Index (6.5 % versus 5.05 %, respectively), implying that market participants are willing to hold bank loans for less of an interest return than high - yield corporatecorporate debt.

These bonds are viewed by the market as riskier than other corporate bonds since there is lot of uncertainty about their future, and these companies will not be able to guarantee repayment of the bond.

«RAFI corporate bond strategies will tend to have higher credit ratings than their market - weighted counterparts,» the website confirms.

The investor should hold a portfolio of no more than six core asset classes, namely domestic equities, emerging market equities, international equities, government fixed income, corporate bonds and real estate.

This can result in secondary market liquidity being significantly less for municipal bonds than bonds in the corporate bond market.

This is more than double the average return to stock market investments since 1950, and more than five times the returns to corporate bonds, gold, long - term government bonds, or home ownership.

The $ 102,000 investment in a four - year college yields a rate of return of 15.2 percent per year — more than double the average return over the last 60 years experienced in the stock market (6.8 percent), and more than five times the return to investments in corporate bonds (2.9 percent), gold (2.3 percent), long - term government bonds (2.2 percent), or housing (0.4 percent).

@Mike: «From what I've seen, corporate bonds (which are included in TBM) tend to have a higher correlation to the stock market than Treasuries do, thereby making them somewhat less effective as a diversifier.»

investing in something along the lines of 20 % TIPS bonds, 25 % S&P / broad market, 20 % in a small cap / russell 2000 fund, 15 % in real estate and 10 % in a corporate bond fund: 1) will prove to be just as stable and as much of an inflation hedge against the «Permanent Portfolio» and 2) will provide much more steady returns than his proposed portfolio

The S&P 500 Bond Index market value is larger than China's and Japan's corporate bond markets; it's even larger than the sum of all Pan Asia local currency corporate bond markBond Index market value is larger than China's and Japan's corporate bond markets; it's even larger than the sum of all Pan Asia local currency corporate bond markbond markets; it's even larger than the sum of all Pan Asia local currency corporate bond markbond markets.

These bonds are already in the S&P U.S. Issued High Yield Corporate Bond Index because of their Moody's rating of Ba1 and account for less than 1 % of the index's market value.

The BofA Merrill Lynch Index tracks the performance of U.S. dollar - denominated investment grade government and corporate public debt issued in the U.S. domestic bond market with at least 1 year and less than 10 years remaining maturity, including U.S. treasury, U.S. agency, foreign government, supranational and corporate securities.

IGHG and HYHG do not attempt to mitigate factors other than rising Treasury interest rates that impact the price and yield of corporate bonds, such as changes to the market's perceived underlying credit risk of the corporate entity.

But intelligent investors can do well with corporate bonds — it is much less efficient than the stock market.

Bond funds that invest in U.S. Treasuries, corporate bonds, mortgage - backed securities, municipal bonds and other debt securities pay monthly dividends, usually at a higher rate of return than money market mutual funds.

The corporate bond sector has also gained an increasing market share of the overall Chinese bond market; it rose from less than 10 % to 33 % over the period studied, see the exhibit below.

* Municipal bonds can also help insulate your portfolio against market volatility, and tend to have lower default risk than corporate bonds.

Now the credit default swap market is more than four times the size of the corporate bond market in nominal terms.

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.

A rare twist in the markets may be ending as a result: yields of tax free high yield municipal bonds are 34bps higher (Yield to Worst) than high yield corporate bonds.

Yields of municipal bonds have come down at a faster clip than their counterparts in the U.S. Corporate bond markets.

Compare this strategy based on P / E10 to a strategy based on the yield of the corporate bonds rather than the yield of the market.

For instance, corporate bond markets seem to be less liquid than in the past.

All have a larger proportion of corporate bonds than the overall bond market index.