Sentences with phrase «yield debt this year»

The issue was the second largest offering of high - yield debt this year after Stamford, Connecticut — based Frontier Communications» $ 3.2 billion note sale in March.

Not exact matches

Energy companies have made up a good portion of debt issued in the high yield market over the past few years.

The yield on Greece's three - year bond, which has surged from 4 % to 13.5 % since October, is now reflecting serious expectations that the country may end up outside of the Eurozone and unable to repay its euro - denominated debts.

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.

«Perversely, we've spent the last 20 years paying a premium for [the stocks of companies with] high yield debt,» she said.

Bonds tumbled as upbeat consumer spending data lowered demand for U.S. debt, pushing the two - year note yield to its highest level since 2011.

Given Osiris's strong five - year record of growth and profitability, Bowers was able to help make Miller's wishes come true: he structured a deal that raised $ 13 million from a large local pension fund — the Pennsylvania Public School Employees Retirement System (see «What Pension Funds Want,» [Article link]-RRB--- by selling a package of subordinated debt and convertible preferred stock, which included a fixed interest rate and dividend yield.

Yields in the $ 14 trillion market for U.S. government debt touched record lows in 2016, driven by years of aggressive central bank intervention in the wake of the 2008 - 2009 financial crisis to keep interest rates low to stimulate the economy.

«And just one example might be 18 percent of the high - yield debt issued in the last year is energy.

Government debt yields fell to multimonth lows, with the 10 - year yield slumping below 2.1 percent as stocks declined on global economic worries.

U.S. government debt yields continued their upward climb Wednesday, with the rate on the 10 - year Treasury note edging above the 3 percent benchmark it hit Tuesday for the first time since 2014.

Second, the average time to maturity on U.S. debt is six years, meaning that most of the low - yielding bonds now on the books will be exchanged for more expensive debt over the next decade.

The 10 - year U.S. Treasury yield rose 5.2 basis points to 3.035 percent on Wednesday, driven by worries about the growing supply of government debt and inflationary pressures from rising oil prices.

Compared to the broad XIC, XEG has a) a price to earnings ratio that is only slightly higher, b) a price to book ratio that is lower, c) a debt to equity ratio that is about half of XIC, d) a dividend yield that is comparable and e) profit margins that grew 30 % this year versus 18 % for XIC.

The Bank of Spain estimated the gross return on Spanish residential investment at 4.2 percent in 2017, almost triple the cumulative yield on 10 - year government debt.

The potential counter weights that could cap the 10 - year yield would be a negative stock market reaction that drives investors to bonds; lower interest rates outside the U.S. that make the U.S. debt relatively more attractive, and good demand for longer - dated securities from insurers and others.

Emerging - market companies have piled on debt in recent years, allured by low interest rates from yield - starved investors.

At some point, if these policies are inflationary, then the vigilantes or those that hold dollar reserves, such as China and Brazil and Mexico, they will be in the driver's seat in terms of longer - term Treasury debt, 10 years and 30 years Treasury debt in terms of their yield.

In fact, investors seeking safety bought even more of the downgraded U.S. debt, pushing prices on 10 - year U.S. Treasuries to within a fraction of face value and yields to an all - time low of 2.13 %.

The share of a large car manufacturer, for example, may trade on a low P / E ratio, and have a great Dividend Yield, but if it has a pile of debt repayable next year then the low share price might be valid.

As the news service noted, «five - year notes of Spain, with $ 935 billion of debt and an 8.5 % deficit, yield 5.5 %.

This leads to a frightening conclusion: that both lower quality and lower yields of such «previously sacrosanct debt represent a potential breaking point in our now 40 - year - old global monetary system.»

China's one - year sovereign bond yield has climbed 14 basis points since the devaluation, while the cost to insure the nation's debt against default jumped to a two - year high.

And in the face of record valuations and record debt, we're seeing rising interest rates (the yield on the 10 - year Treasury hit 3 % last week for the first time since 2014) and other signs of inflation like rising oil and copper prices.

At present, more than one - third of the publicly held float in Treasury debt is financed at maturities of less than a year and at yields well below 1 %.

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

As yields on preferred shares rose over the past year and a half, many corporate issuers turned to debt markets as a cheaper source of financing for their funding needs.

Oil prices have fallen more than 15 percent since March 4 to a six - year low of $ 42.3, wiping out $ 7 billion of market value of high - yield debt issued by energy companies.

Over the past five years, the more worrisome government - issued debt in Europe has made significant progress in managing the normal mechanism of higher - perceived risk equaling higher yields.

The yields are generally double - digit; as a retail investor, I'd love to invest in clever debt structuring products that can return 10 percent a year with little volatility.

According to Bloomberg data, EM debt is offering yields of above 4 %, and despite a strong year - to - date performance (more than 13 %), we see potential for significant income with lowered spread risk, given the diminished expectations of a near - term Fed move.

Consequently, U.S. Treasury yields have, over the last 30 years, declined more than high - quality corporate debt yields, yields on productive business capital and S&P 500 earnings.

We are neutral on U.S. high yield energy debt after a big run - up this year, believing the OPEC deal is now fully priced in.

Year - to - date issuance for global high - yield debt reached the highest level for any full year in September and continues to expYear - to - date issuance for global high - yield debt reached the highest level for any full year in September and continues to expyear in September and continues to expand.

December was another solid month for European high - yield debt, with Barclays's benchmark cash index tightening by 40 basis points, ending the year at a new post-crisis low.

Indeed, by the end of October, yields on two - year debt stood below zero for almost every member of the eurozone, which means investors were effectively paying to own it.

The continuing low level of government bond yields has supported the search for yield that has been evident over the past couple of years, with the spread between yields on US government debt and yields on both corporate and emerging market debt remaining around historical lows over the past three months (Box B).

10 year Illinois debt is yielding approximately 4.3 % (Federal tax exempt, State tax exempt for IL taxpayers and not subject to 3.8 % Obamacare investment tax).

For years, friendly debt markets have allowed issuers to push the «maturity wall» — where tons of bonds come due simultaneously across the high - yield market.

And for much of the year the world has seen a new phenomenon: negative yields on as much as $ 13 trillion in outstanding debt (primarily sovereign).

Tags: 10 - year yield, ETFs, EU, Fed, President Macron, trade, U.S. yield curves Posted in Debt Market, Fed 16 Comments»

Trying to anticipate the changing environment, and high corporate debt levels, suggest it would be wise to start taking a more defensive position on equities long before yields on 10 - year Treasuries reach 5 %.

I think over the past 10 years, due to the zero - interest - rate policies by the global central banks, we have had a massive amount of debt issuance that's occurred as investors had been encouraged to go out the curve or down the credit curve in order to seek income, seek yield.

HYHG tracks an index that goes long on recently issued, high - yield USD debt from US and Canadian issuers, while shorting a duration - matched combination of 2 -, 5 - and 10 - year US Treasurys.

With corporate debt markets priced for another Great Depression, High Yield Bonds are in a unique position to outperform equities given recent runups off the lows while providing a high yield income stream for years to Yield Bonds are in a unique position to outperform equities given recent runups off the lows while providing a high yield income stream for years to yield income stream for years to come.

For the first time ever, Germany's 10 - year government bond yield recently fell below zero, joining negative government debt issued by Japan, Switzerland and other countries.

In contrast, EM nations as a whole are carrying less debt as a percentage of gross domestic product (GDP) than in years past, and thus the EMD index may have garnered relative attraction among investors searching for yield.

Still, we've observed diminishing returns from the Fed's interventions, there is no political tolerance for the Fed to intervene in securities involving any credit risk that would be borne by U.S. citizens (purchasing European sovereign debt, for example), and the yield on the 10 - year Treasury bond is already down to 1.7 %, which is far below where it stood when prior interventions were initiated.

Yields on 10 - year Japanese government debt have been relatively stable, averaging around 1.3 per cent.

European yields have generally taken their lead from developments in the US over recent months, with yields on German 10 - year government debt also falling toward 4 per cent in mid January, before increasing to 4.2 per cent after the Fed's late January monetary policy announcement.