Sentences with phrase «yield municipal bond market»

Even with a slip of 3 bps to the cheaper since month end, the high yield municipal bond market tracked by the S&P Municipal Bond High Yield Index remains on track to making April the 17th consecutive month in a row where it has seen a positive monthly return.

Puerto Rico municipal bonds have enjoyed a positive bounce in 2016 however the general obligation bonds are still a small anchor on performance of the high yield municipal bond market as the S&P Municipal Bond Puerto Rico General Obligation Index is down over 2 % year - to - date.

As the Puerto Rico saga continues it has created a drag on the high yield municipal bond market.

Who would benefit from this book: If you want to get an introduction the the high yield municipal bond market, you will benefit from this book.

Not exact matches

Bonds due in 2018 and won by BofA were «aggressively» priced with a 1.64 percent yield that narrowed Illinois» spread over Municipal Market Data's benchmark triple - A yield curve to 70 basis points from 100 basis points ahead of the sale, Greg Saulnier, a MMD analyst, said.

Like most sectors of the fixed - income market, municipal bonds struggled in the first quarter as yields climbed higher.

Tax reform could impact the high yield market and lead to a buying opportunity for municipal bonds.

We prefer shorter - term corporate and municipal bonds, whose yields have temporarily spiked ahead of U.S. money market reforms in October.

Fidelity ® Conservative Income Municipal Bond Fund (FCRDX) This fund, whose income is normally exempt from federal income taxes, might be appropriate for investors looking for more yield than money market funds are providing, and wanting to take a more conservative approach to both credit and interest rate risk than many other bond fuBond Fund (FCRDX) This fund, whose income is normally exempt from federal income taxes, might be appropriate for investors looking for more yield than money market funds are providing, and wanting to take a more conservative approach to both credit and interest rate risk than many other bond fubond funds.

Even in a world where short - term interest rates will continue to rise as the Federal Reserve raises policy interest rates (most likely 2 — 3 times next year) and where long - term rates should rise slowly as the Fed lets its balance sheet shrink, tax - free yields should either stay the same or move down as the municipal bond world confronts a market with much less issuance.

Fixed income sectors shown to the right are provided by Barclays and are represented by the following Bloomberg Barclays Indices — Treasury Inflation Protected Securities: U.S. Treasury Inflation - Protected Securities (TIPS) Index; Floating Rate Loans: US Floating - Rate Note Index (BBB); Asset - backed securities: US Asset - Backed Securities Index; High Yield: US Corporate High - Yield Bond Index; Convertibles: US Convertible Bond Index; Mortgage - backed securities: US Aggregate Securitized MBS Index; Broad Market: US Aggregate Bond Index; Municipals: Municipal Bond 10 - Year Index; Investment Grade Corporates: US Corporates Index

The recent steep decline in yields have pushed bond prices up resulting in Puerto Rico out performing the rest of the municipal bond market and other bond market segments so far this year.

The 7 — 10 year range of the municipal bond market has kept pace with U.S. Treasury bonds and nominal yields remain comparable to U.S. Treasury bonds.

Because municipal bonds are sensitive to interest rate movements, the fund's yield and share price will fluctuate with market conditions.

The S&P Municipal Bond Index has returned 5.74 % year to date as yields have remained relatively stable as the market absorbs new issue supply.

In spite of market declines and rising yields, fund investors were net purchasers of equity funds (+ $ 3.5 billion), money market funds (+ $ 3.3 billion), taxable bond funds (+ $ 0.9 billion), and municipal bond funds (+ $ 229 million) for the fund - flows week ended April 25, 2018.

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) Read more -LSByield municipal bonds are 34bps higher (Yield to Worst) Read more -LSBYield to Worst) Read more -LSB-...]

Low yields in the Treasury market are accompanied with historically expensive corporate and municipal bonds.

Class A shares with sales charges performance reflects the maximum 5.5 % sales charge, with the following exceptions: Class A shares of Hartford Emerging Markets Local Debt, Hartford High Yield, Hartford Inflation Plus, Hartford Municipal Opportunities, Hartford Municipal Real Return, Hartford Strategic Income, Hartford Total Return Bond, Hartford World Bond, Hartford Schroders Emerging Markets Debt and Currency, Hartford Schroders Tax - Aware Bond, Hartford Schroders Emerging Markets Multi-Sector Bond and Hartford Schroders Global Strategic Bond reflect a maximum 4.5 % sales charge; Class A shares of Hartford Floating Rate and Hartford Floating Rate High Income reflect a maximum 3.0 % sales charge; Class A shares of Hartford Short Duration reflect a maximum 2.0 % sales charge.

These long duration higher yielding bonds represent just under 15 % of the total market value of the S&P Municipal Bond High Yield Index which has returned 9.86 % year to date.

The tailwind for high yield municipal bonds was fueled by rebounds in both the Puerto Rico bond market and the tobacco settlement bond sector.

Year to date the higher yielding bonds in the S&P Municipal Bond Insured Index have contributed to outperformance verses the rest of the investment grade market place.

Fixed income sectors shown above are provided by Barclays and are represented by — Broad Market: U.S. Aggregate Bond Index; MBS: U.S. Aggregate Securitized - MBS Index; Corporate: U.S. Corporates; Municipals: Muni Bond 10 - year Index; High Yield: US Corporate High Yield Bond Index; TIPS: Treasury Inflation Protected Securities (TIPS).

During the year, municipal bonds enjoyed being one of the «risk off» asset classes and as low and negative yields permeated the global bond markets municipal bonds became a source for incremental yield over other options.

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 byield municipal bonds are 34bps higher (Yield to Worst) than high yield corporate bYield to Worst) than high yield corporate byield corporate bonds.

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

The bottom line: A focus on yield is important but it is actually what we get to keep after taxes that helps keep tax - exempt municipal bonds showing their value in this market.

The 5 year range of the municipal bond curve is keeping up with the overall market as the 5 year S&P AMT - Free Muni Series 2018 Index has returned 1.14 %, while longer municipal bonds in the S&P Municipal Bond 20 + year Index have recorded a total return of 2.14 % year to date with yields remaining steady over the course of municipal bond curve is keeping up with the overall market as the 5 year S&P AMT - Free Muni Series 2018 Index has returned 1.14 %, while longer municipal bonds in the S&P Municipal Bond 20 + year Index have recorded a total return of 2.14 % year to date with yields remaining steady over the course of the wbond curve is keeping up with the overall market as the 5 year S&P AMT - Free Muni Series 2018 Index has returned 1.14 %, while longer municipal bonds in the S&P Municipal Bond 20 + year Index have recorded a total return of 2.14 % year to date with yields remaining steady over the course of municipal bonds in the S&P Municipal Bond 20 + year Index have recorded a total return of 2.14 % year to date with yields remaining steady over the course of Municipal Bond 20 + year Index have recorded a total return of 2.14 % year to date with yields remaining steady over the course of the wBond 20 + year Index have recorded a total return of 2.14 % year to date with yields remaining steady over the course of the week.

The index has seen a year to date return of negative 7.66 % helping to hold back the returns of the municipal high yield bond market.

In the credit markets, U.S. municipal bonds tracked in the S&P Municipal Bond Index have returned over 1.5 % in June as the diversity, yield, historical stability and quality of the municipal bond market has made it a «risk off» destination assmunicipal bonds tracked in the S&P Municipal Bond Index have returned over 1.5 % in June as the diversity, yield, historical stability and quality of the municipal bond market has made it a «risk off» destination assMunicipal Bond Index have returned over 1.5 % in June as the diversity, yield, historical stability and quality of the municipal bond market has made it a «risk off» destination asset clBond Index have returned over 1.5 % in June as the diversity, yield, historical stability and quality of the municipal bond market has made it a «risk off» destination assmunicipal bond market has made it a «risk off» destination asset clbond market has made it a «risk off» destination asset class.

The Diversified Portfolio is based on a 5 % allocation to Alternatives, 5 % allocation to High Yield Bonds, 30 % allocation to Investment Grade Bonds, 5 % allocation to Municipal Bonds, 20 % allocation to the S&P 500 Index, 10 % allocation to Small Caps, 5 % allocation to International Small Cap, 10 % allocation to International Equity, 5 % allocation to Emerging Markets, and a 5 % allocation to REITs.

The weight of Puerto Rico debt in the market place as measured the market value of bonds in select indices as of September 29, 2015: S&P Municipal Bond Index (S&P's broadest municipal benchmark): 1.96 % S&P Municipal Bond High Yield Read more Municipal Bond Index (S&P's broadest municipal benchmark): 1.96 % S&P Municipal Bond High Yield Read more municipal benchmark): 1.96 % S&P Municipal Bond High Yield Read more Municipal Bond High Yield Read more -LSB-...]

It is a dirty secret of the municipal bond fund industry that these funds are marketed on the basis of yield.

Spreads on Illinois debt to MMD (Municipal Market Data, the yield curve of the highest rated, AAA / Aaa municipal bonds, as published by Thompson Reuters) haveMunicipal Market Data, the yield curve of the highest rated, AAA / Aaa municipal bonds, as published by Thompson Reuters) havemunicipal bonds, as published by Thompson Reuters) have widened.

The following Funds declare daily dividends: MainStay California Tax Free Opportunities, MainStay Floating Rate, MainStay High Yield Municipal Bond, MainStay Money Market, MainStay New York Tax Free Opportunities, MainStay Tax Advantaged Short Term Bond, and MainStay Tax Free Bond.

The selection universe for the Index (the «SelectionUniverse») includes U.S. - listed fixed income ETFs advised by SSGA FM or its affiliates that are designed to target exposure to fixed income securities, including U.S. and non-U.S. developed and emerging market bonds, treasury bonds, corporate bonds, high yield bonds, inflation - protected bonds, floating rate notes, first lien senior secured floating rate bank loans, U.S nonconvertible preferred stock and other preferred securities, U.S. municipal bonds and U.S. convertible securities.

Fixed - income: Regardless of country or supra - national market, the fixed - income fund should have holdings throughout the entire length of the yield curve (most available maturities), as well as being a mix of government, municipal (general obligation), corporate and high - yield bonds.

One bright light is the municipal high yield bond market as the S&P Municipal Bond High Yield Index is up 0.82 % year - to - date helped by positive performance in May by Puerto Rico bonds and a recovery over 3.2 % of the Tobacco Settlement bonmunicipal high yield bond market as the S&P Municipal Bond High Yield Index is up 0.82 % year - to - date helped by positive performance in May by Puerto Rico bonds and a recovery over 3.2 % of the Tobacco Settlement bond seyield bond market as the S&P Municipal Bond High Yield Index is up 0.82 % year - to - date helped by positive performance in May by Puerto Rico bonds and a recovery over 3.2 % of the Tobacco Settlement bond secbond market as the S&P Municipal Bond High Yield Index is up 0.82 % year - to - date helped by positive performance in May by Puerto Rico bonds and a recovery over 3.2 % of the Tobacco Settlement bonMunicipal Bond High Yield Index is up 0.82 % year - to - date helped by positive performance in May by Puerto Rico bonds and a recovery over 3.2 % of the Tobacco Settlement bond secBond High Yield Index is up 0.82 % year - to - date helped by positive performance in May by Puerto Rico bonds and a recovery over 3.2 % of the Tobacco Settlement bond seYield Index is up 0.82 % year - to - date helped by positive performance in May by Puerto Rico bonds and a recovery over 3.2 % of the Tobacco Settlement bond secbond sector.

In the intermediate part of the curve, seven year non-callable municipal bonds tracked in the S&P AMT - Free Municipal Series 2021 Index have outpaced the equity market by returning 4.41 % with yields dropping by 33bps tmunicipal bonds tracked in the S&P AMT - Free Municipal Series 2021 Index have outpaced the equity market by returning 4.41 % with yields dropping by 33bps tMunicipal Series 2021 Index have outpaced the equity market by returning 4.41 % with yields dropping by 33bps this year.

Helping to push down the high yield market is the long duration tobacco settlement bond sector, the S&P Municipal Bond Tobacco Index is down 4.32 % month to dbond sector, the S&P Municipal Bond Tobacco Index is down 4.32 % month to dBond Tobacco Index is down 4.32 % month to date.

Puerto Rico municipal bonds have over 27.1 % market value weight in the S&P Municipal Bond High Yield Index and represent over $ 26.7 billion in market value of bonds in that bmunicipal bonds have over 27.1 % market value weight in the S&P Municipal Bond High Yield Index and represent over $ 26.7 billion in market value of bonds in that bMunicipal Bond High Yield Index and represent over $ 26.7 billion in market value of bonds in that benchmark.

Fed policies could affect the entire fixed - income market, from U.S. Treasuries and municipal bonds to riskier corporate debt that typically offers higher yields.

Less sexy is a yield - friendly domestic pick from Alan Fustey: Horizons Active Cdn Municipal Bond ETF (HMP.A / TSX) is the first Canadian ETF focused on the Canadian municipal bonMunicipal Bond ETF (HMP.A / TSX) is the first Canadian ETF focused on the Canadian municipal bond marBond ETF (HMP.A / TSX) is the first Canadian ETF focused on the Canadian municipal bonmunicipal bond marbond market.