This is partly due to the fact that credit spreads blew out to historic highs which
weighed on corporate bonds, high yield and preferreds.
Not exact matches
April 25 - Dow Jones Industrial Average futures erased losses
on Wednesday after Boeing reported strong results and forecast, but concerns about rising U.S.
bond yields and
corporate costs continued to
weigh on U.S. stocks.
High yield
corporate bonds tracked in the S&P U.S. Issued High Yield
Bond Index have returned just under 5 % year to date but lost ground the past several days as fund outflows
weigh on the market driving prices down and the weighted average yield (yield to worst) up by 22bps since last week to end at 4.88 %.