Sentences with phrase «yield issues of»

Not exact matches

Serge Pepin, the head of BMO Investments, says people should consider corporate or high - yield bonds — also known as junk bonds — which pay higher yields than federal issues.

The expectation U.S. pharmacy chain CVS Health Corp would issue over $ 40 billion in new supply this week to fund its acquisition of health insurance company Aetna also boosted yields on Monday.

The move above 2.7 % by U.S. Treasury yields — the benchmark for world lending rates — helped the dollar off the canvas though that was part of the issue.

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

While some entrepreneurs may look at a free box of food, or any product or service that is offered to reconcile a customer issue, as a dollar amount, it is important to understand the other values, such an investment yields.

The anxiety now appearing in the form of stock - market pullbacks and rising eurobond yields seems destined to build until policymakers once again panic themselves and issue further rounds of stimulus.

Perth - based mining contractor Barminco has refinanced its existing debts through an issue of high - yield notes in the United States.

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

The Financial Times reports that $ 20 billion in dollar - denominated bonds issued by HNA and its subsidiaries are due to mature in 2018 or 2019; yields on three of those bonds have spiked, doubling this month to more than 18 %.

But cross-country differences in equity returns declined to pre-crisis levels while the range of yields on debt securities issued by banks and by non-financial corporations also narrowed, suggesting that there is some integration at least in prices of financial instruments.

debt obligations of the U.S. government that are issued at various intervals and with various maturities; revenue from these bonds is used to raise capital and / or refund outstanding debt; since Treasury securities are backed by the full faith and credit of the U.S. government, they are generally considered to be free from credit risk and thus typically carry lower yields than other securities; the interest paid by Treasuries is exempt from state and local tax, but is subject to federal taxes and may be subject to the federal Alternative Minimum Tax (AMT); U.S. Treasury securities include Treasury bills, Treasury notes, Treasury bonds, zero - coupon bonds, Treasury Inflation Protected Securities (TIPS), and Treasury Auctions

But as if exorbitant deal costs weren't touchy enough, Tabcorp also made a hash of its half - year 12.5 cents yield, attempting to offer the Dividend Reinvestment Plan, despite the deed precluding the bookmaker from issuing more scrip while it subsumes the Queenslanders.

«Perhaps the biggest issue we have with high yield is that the asset class» performance has been driven over the last several years not by fundamental strength, but by QE and a lack of global yield,» BofAML credit strategist Michael Contopoulos and others said in a note to clients.

High - yield bonds represented by the Bloomberg Barclays High Yield 2 % Issuer Capped Index, comprising issues that have at least $ 150 million par value outstanding, a maximum credit rating of Ba1 or BB + (including defaulted issues) and at least one year to matuyield bonds represented by the Bloomberg Barclays High Yield 2 % Issuer Capped Index, comprising issues that have at least $ 150 million par value outstanding, a maximum credit rating of Ba1 or BB + (including defaulted issues) and at least one year to matuYield 2 % Issuer Capped Index, comprising issues that have at least $ 150 million par value outstanding, a maximum credit rating of Ba1 or BB + (including defaulted issues) and at least one year to maturity.

The risk in higher yielding junk bonds first and foremost is derived from fact that any company paying north of 5 % to issue debt has a high probability of never paying back the investors who by the debt.

At the same time, some 70 per cent of government - issued bonds are yielding 1 per cent or less, and when you combine the equity / bond value of the 15 largest global markets they've never been more expensive.

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.

The JPMorgan Developed High Yield Index is an unmanaged index of high - yield fixed - income securities issued in developed countYield Index is an unmanaged index of high - yield fixed - income securities issued in developed countyield fixed - income securities issued in developed countries.

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.

There was a weaker correlation between the ability to trade (daily trading volume, issue size and frequency of zero - trading days) and credit spreads for both investment - grade and high - yield markets.

On the yield measures, we've had some relief for Treasury yields in the past couple of weeks, but we've also seen a significant spike in the yield on many industrial bonds over that same period, including issues in the Dow 20 Bond Average.

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.

The consent, from more than 97 percent of senior secured bondholders, follows similar approval from senior banking lenders and from holders of its 1.3 billion euros of high - yield bonds issued via Lighthouse International Company SA, a unit of Seat PG.

All of the allowed claims attributable to the prepetition high yield bonds issued by the Company were converted into new common stock as set forth in the plan of reorganization.

While some investors choose to go it alone and select individual stocks for the income portion of their portfolio, the beauty of high yield ETFs is that they spread the individual company risk across several issues, often across sectors, and sometimes, even across countries.

As we noted in the last issue of The IRA, the yield on earning assets for all US banks has been falling since 2008 thanks to the social engineering of Janet Yellen and her colleagues on the Federal Open Market Committee.

When investor preferences are risk - seeking, overly loose monetary policy can have a disastrous effect by promoting reckless speculation and enhancing the ability of low - quality borrowers to issue debt to yield - starved investors.

The Index measures the performance of a selected group of equity securities issued by companies that have provided relatively high dividend yields on a consistent basis over time.

* Example of bond yield fluctuation: Say a company issued a $ 1,000 bond paying 5 % interest and an investor buys one.

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.

The chart below shows the volume of proceeds and number of new issues of global high yield debt in recent quarters (source: Thomson Reuters).

After reaching a year - to - date low Option Adjusted Spread (OAS) of 378 bps on May 8, the spread for the S&P U.S. Issued High Yield Corporate Bond Index reversed direction.

This is why as soon as WeWork, the US shared office space company, said it wanted to issue $ 500 million of high yield bonds, we saw morale perk up and investors dive into the new issuance.

Municipal yields should rise at a slower pace than U.S. Treasury yields due to the limited supply of new municipal issues.

NOTE: High - yield bonds are subject to additional risks, such as increased risk of default and greater volatility, because of the lower credit quality of the issues.

BofA Merrill US High Yield Index: Tracks the performance of U.S. dollar denominated below investment grade corporate debt publicly issued in the U.S. domestic market.

With its leaning toward government - backed issues, BND's yield of 4.4 % is just slightly greater than the 3.6 % being paid by the iShares Lehman 7 - 10 Year Treasury Index (NYSE: IEF).

The issue here is that inflation - protected securities are now so sought after that the economy would have to deliver long - term inflation of about 2.6 % just to match the already depressed yields on long - term Treasuries.

The duration of the S&P Municipal Bond High Yield Index is 7.58 vs a 4.98 duration of the S&P U.S. Issued High Yield Corporate Bond Index.

So you have $ WFC - L preferreds, rated BBB, offering a yield of 6.15 %, and then you have $ KSU - preferreds, with no rating, issued by a company whose senior debt is rated BBB -, offering a yield of 3.45 %, 260 bps lower — in the same market, on the same exchange.

Cons: The primary negative associated with investment grade floaters is that when issued they generally offer current yields that are significantly lower than a typical fixed rate bond of the same maturity offered by the same issuer.

Meanwhile, any QE expansion would make the issue of core bond scarcity worse — we estimate that 45 - 50 % of the PSPP universe of German Bunds currently trade below the ECB's deposit rate, thus non eligible for QE, and contributing to a flattening of the German yield curve.

The central bank can not buy bonds that yield less than the deposit rate, currently -0.4 percent, and can not own more than a certain proportion of each bond issue.

Conversely, as interest rates fall, prices of outstanding bonds rise until their yield matches that of new bonds issued at the current rate.

And just as long - term bond prices decline as interest rates rise (because new investors demand the yield on old bonds matches those of newly issued, higher yielding ones), the same can be true (though not always) for triple net lease REITs such as STORE Capital.

The cause is always speculative distortion that was well - known for quite some time: elevated valuations, often accompanied by speculation and new issues of low - quality stocks representing some «new economy» theme, or yield - seeking speculation and heavy issuance of low quality debt.

My issue with using this strategy is that dividend yields are relatively low at 2 - 3 %, so you'd need a lot of capital to generate a decent amount of passive income.

Essentially, the new rental income generated by the properties bought with new debt or issued shares isn't high enough (due to low cash yields on new properties) to offset the greater share count, which raises the cost of the dividend.

The past several years have featured little more than a gigantic asset swap, the short description being that massive volumes of government debt have been swapped by central banks for massive volumes of idle bank reserves, while massive volumes of low - yielding, covenant - lite debt have been issued into the hands of yield - seeking investors, in order to retire massive volumes of corporate equities at elevated valuations through buybacks.

The Standard & Poor's U.S. - Issued High Yield Bond Index is down only 1.73 percent in the fourth quarter, as expectations of a Federal Reserve rate hike rose.