Sentences with phrase «yield bond trades»

If you could look at high yield bond trades you would have seen that they were declining as well.
Most investors couldn't see both the high yield bond market and the ETF market, but if they could they would see that the high yield ETF was reflecting the price drops in individual high yield bond trades.

Not exact matches

LONDON, May 1 - The dollar broke into positive territory for the year and bond yields were creeping higher again on Tuesday, as the recent rise in oil prices fuelled bets that the U.S. May Day holidays across Asia and Europe meant trading was thinner than usual, though there was more than enough news flow to keep those...
The dollar has rallied through much of the past week as concerns over the U.S. - China trade dispute receded, and as the U.S. 10 - year bond yield shot past 3 percent for the first time in four years.
Exchange - traded funds that track high - yield bond indexes have been the beneficiaries of a cash surge in recent weeks.
While I don't presume to read traders» (or trading computers») minds (see Barry ritholtz» note this morning about ex post facto rationalizations), generally speaking there is concern that the «taper» of long term bond purchases will cause bond yields (the percent of interest paid on them) to rise.
The average BB rated bond, which is what Dell's current debt is rated, is trading at a yield of 5.8 %.
Exchange - traded funds that track high - yield bond indexes have been the beneficiaries of a cash surge in recent weeks as market participants figure the central bank probably won't raise rates in 2015, and it could be well into 2016 before anything happens.
Germany's benchmark 10 - year bond yield was up almost 2 bps at 0.58 percent in early trade, above a one - week low of 0.56 percent hit on Friday.
For the first time ever, the average 10 - year bond yields of the «G3» — the U.S., Japan and Germany — are now trading below 1 %.
On average, high - yield bonds are trading at 86 cents on the dollar, meaning the market is predicting a 14 % loss on the loans.
However, in the spring of 2013, high - yielding stocks, which were basically trading as bond alternatives, got crushed.
Lewis, fund's chief investment officer, spent nine years at Citigroup as a director of the bank's global special situations group, a $ 5 billion prop - trading group that specialized in distressed debt, high - yield bonds, and value equity.
With stocks trading near all - time highs and bond yields still relatively low, some investors have turned to alternative asset classes.
Treasury yields pull back sharply Thursday after the reemergence of trade tensions between global powerhouses rattles investors, pushing stocks down and bond prices up
The article makes the point that unlike most ETFs, high yield bond ETFs often trade at prices far from their fair value.
Trading across U.S. government bond maturities was range - bound on Wednesday, with yields little changed in spite of gains in the equity market in the last few sessions.
Our team of credit professionals deliver sales and trading capabilities across a wide range of fixed income asset classes including high yield, distressed and investment grade bonds, convertible bonds, public and private corporate securities, leveraged loans and emerging market debt.
We trade all fixed income assets, with a focus on more illiquid situations, from high yield, distressed and investment grade bonds and convertible bonds to public and private corporate securities and leveraged loans.
In addition to the positive technical element I mentioned earlier, the potential removal of the alternative minimum tax could cause AMT paper to trade closer to the yield on other municipal bonds.
European government bond and U.S. 10 - year Treasury yields are trading at their highest levels in more than two months and the U.S. 30 - year Treasury bond yield reached a high for the year on Tuesday.
Many bonds trade at negative yields because the European Central Bank (ECB) and the Bank of Japan (BOJ) continue to buy bonds as part of their management of monetary policy.
Although they are not as egregiously expensive as 10 - year Swiss government bonds — currently trading at a yield of negative 0.25 % — Canadian bonds are offering a relatively paltry real return, even after adjusting for low inflation.
This convergence of yields has implications for the behaviour of investors: with bond yields in different countries tending to move together, investors have found it more difficult not only to diversify their portfolios but to find trading opportunities.
Western allies press Trump to maintain nuclear deal with Iran: Reuters US intelligence monitors Iranian cargo shipments into Syria: CNN A trade war is a major risk for China's debt - ridden economy: CNBC Federal judge orders gov» t must accept new DACA immigration applications: WaPo Unification of Koreas still unlikely as leaders prepare to meet: Reuters US Consumer Confidence Index rebounded in April after March decline: CB New home sales in US increased to 4 - month high in March: MarketWatch Richmond Fed Mfg Index turns negative for first time since 2016: Bond Buyer S&P Case - Shiller Home Price Index surged in Feb, up 6.3 % y - o - y: CNBC Federal Housing Finance Agency: US house prices continued to rise in Feb: HW Corp bonds with lowest investment - grade rating look vulnerable: Bloomberg 10 - year Treasury yield reaches 3.0 % for first time since 2014: CNN Money
Supported by Fear Trade factors such as geopolitical turmoil — both in the U.S. and abroad — and low to negative government bond yields, gold's move here can be seen as a bullish sign.
Bond ETFs saw their highest inflows in three years in April Rise in yields attracted buyersInvestors snapped up fixed - income exchange - traded funds in April, with the category seeing its biggest month of inflows in more than three years.
The average bid / ask spread was 29 cents (per $ 100 par value) for both investment - grade and high - yield bonds, and the average daily trading volume was $ 2.2 million ($ 2.5 million) for investment - grade (high - yield) corporate bonds.
An unusually high yield relative to similar bonds is often an indication that the market is anticipating a downgrade or perceives that bond to have more risk than the others and therefore has traded the bond's price down (thereby increasing its yield).
The average market impact cost was 29 basis points (39 basis points) per $ 1 million traded for investment - grade (high - yield) corporate bonds.
Higher transaction costs Due to a typically large spread between bid and offer prices, and higher transaction costs associated with less liquid securities, trading high yield bonds can be costly.
The BofA Merrill Lynch high - yield index is trading at roughly 600 basis points versus government bonds, but if energy, metals and mining is excluded, it's about 80 basis points less in terms of spread.
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.
Key risks include increasing trade tensions and a renewed spike in bond yields.
The Fear Trade, of course, is driven by low to negative real interest rates — when inflation erodes away at government bond yields — deficit spending, a weaker U.S. dollar and geopolitical uncertainty.
China's benchmark 10 - year government bond yield traded just shy of 4 percent in early December, up almost 100 basis points over the course of 2017.
«We remember vividly 35 years ago staring at long - term impeccable bonds trading at 15 % to 17 % yields, thinking; «Why bother trading, hedging and knocking ourselves out?
The outstanding bonds of Nestlé, due to mature in 2016, began trading at a negative yield in February.
For example, bonds with favorable tax treatment such as municipal bonds can actually trade at a yield which is below US Treasuries.
After trading in line with US yields for much of 2004, movements in European and Japanese government bond yields have decoupled from those in the US in recent months, largely reflecting the scaling back in the outlook for economic growth in both economies.
After providing double - digit returns for many years, REITs are now well off the previous highs and trade at an estimated 15 % discount to net asset value (Source: TD Securities) and yielding an average of 7 %, a spread of 2.75 % over 10 - year bonds.
The main exception to this global pattern has been Japan, where 10 - year bond yields have remained remarkably stable, generally trading in the range between 1.7 per cent and 1.8 per cent so far this year (Graph 8).
While the low level of credit spreads in Australia (and in other major bond markets) largely reflects favourable trading conditions for corporates, there is evidence that the search for yield has been a contributing factor.
«Exchange - traded products introduce self - reflexivity by creating a highly liquid security (listed stock) that tracks a potentially illiquid underlying instrument (e.g. high - yield bonds, commodity futures)» (again, Cole's «Prisoner's Dilemma»).
In other words bond traders look at the yield of a bond in terms of where it is trading vs. treasuries.
The yield on the benchmark 10 - year Treasuries slumped 2 basis points to 2.97 percent, the super-long 30 - year bond yields also plunged 2 basis points to 3.15 percent and the yield on the short - term 2 - year traded nearly 1 basis point lower at 2.48 percent by 12:35 GMT.
Domestic bond market volatility also decreased last year with 10 - year Treasury yields trading in a tighter - than - normal range.
Argentina's benchmark 2033 bonds rose 0.24 cent to 96.7 cents on the dollar, with the yield trading at 8.8 percent at 3:23 p.m. New York time.
For example, one source found that, on average, high - yield corporate bonds trade fewer than half the days each month; meanwhile, the iShares iBoxx $ High Yield Corporate Bond ETF (HYG) trades millions of shares eachyield corporate bonds trade fewer than half the days each month; meanwhile, the iShares iBoxx $ High Yield Corporate Bond ETF (HYG) trades millions of shares eachYield Corporate Bond ETF (HYG) trades millions of shares each day.
You have probably heard that about half of all government bonds globally are now trading at a negative yield.
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