Slightly longer bonds in the nine year range maturing in 2023 have returned over 6.2 % year to date with
yields of the bonds tracked in the S&P AMT - Free Municipal Bond 2023 Index dropping by 79bps.
Not exact matches
The iShares JPMorgan USD Emerging Markets
Bond fund, an index product that
tracks the sector, has a trailing 12 - month
yield of 4.33 percent.
Exchange - traded funds that
track high -
yield bond indexes have been the beneficiaries
of a cash surge in recent weeks.
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.
SHYL
tracks an index
of USD - denominated high -
yield corporate
bonds with 0 to 5 years remaining to maturity.
They can
track the amount
of return, or
yield, they're getting on a
bond.
In Canada, fixed - rate mortgage rates tend to follow the trajectory
of long - term Canadian
bond yields, which, in turn,
track U.S.
bonds.
The Bloomberg Barclay's High
Yield Municipal
Bond Index
tracks consists
of below - investment grade municipal
bonds.
According to Roger Ibbotson's data, the coupon return has made up 90 percent
of intermediate
bonds total returns, and expected
bond returns and starting
yields have
tracked well.
The Xtrackers High Beta High
Yield Bond ETF tracks an index of USD - denominated high yield bonds with a high yield to w
Yield Bond ETF
tracks an index
of USD - denominated high
yield bonds with a high yield to w
yield bonds with a high
yield to w
yield to worst.
The Bloomberg Barclays US Corporate High -
Yield Bond Index is an unmanaged broad - based market - value - weighted index that
tracks the total return performance
of non-investment grade, fixed - rate, publicly placed, dollar denominated and nonconvertible debt registered with the Securities and Exchange Commission.
The S&P 500 High
Yield Corporate
Bond Index
tracks the junk
bonds of issuers
of the S&P 500 and as the
yields indicate, on average, they tend to be better quality than the
bonds in the broader index.
The
bonds of larger entities
tracked in the S&P 500 High
Yield Corporate
Bond Index have returned 15.57 % year - to - date modestly out performing the broader S&P U.S. High
Yield Corporate
Bond Index.
Looking at the
yield performance, the
yield - to - maturity
tracked by the S&P Malaysia
Bond Index has widened 17bps YTD to 4.14 %, as
of August 18, 2015.
Size
Tracked by the S&P U.S. Issued Investment Grade Corporate
Bond Index and the S&P U.S. Issued High Yield Corporate Bond Index, the total size of the U.S. corporate bond market is around USD 4.8 trillion, which is approximately four times that of the Chinese corporate bond mar
Bond Index and the S&P U.S. Issued High
Yield Corporate
Bond Index, the total size of the U.S. corporate bond market is around USD 4.8 trillion, which is approximately four times that of the Chinese corporate bond mar
Bond Index, the total size
of the U.S. corporate
bond market is around USD 4.8 trillion, which is approximately four times that of the Chinese corporate bond mar
bond market is around USD 4.8 trillion, which is approximately four times that
of the Chinese corporate
bond mar
bond market.
That's because
bond yields and stock valuations tend to
track each more closely at higher levels
of inflation.
And right now there's just a single ETF
tracking one
of these indexes: the PowerShares Fundamental High
Yield Corporate
Bond Portfolio (PHB).
While there was no significant or immediate impact on China's onshore
bond market, the yield - to - maturity tracked by the S&P China Sovereign Bond Index continued its tightening trend seen in 1H 2015, dropped 48 bps to 3.08 %, as of June 29, 2
bond market, the
yield - to - maturity
tracked by the S&P China Sovereign
Bond Index continued its tightening trend seen in 1H 2015, dropped 48 bps to 3.08 %, as of June 29, 2
Bond Index continued its tightening trend seen in 1H 2015, dropped 48 bps to 3.08 %, as
of June 29, 2015.
The index series seeks
track the entirety
of Canada's fixed income market by providing performance measurement tools that range from Treasury bills, benchmark sovereigns (through core fixed income products) to Canadian high -
yield and real - return
bonds.
Tobacco settlement
bonds tracked by the S&P Municipal
Bond Tobacco Index are down nearly 9 % year to date as
yields have risen by over 255bps as the credit risk
of these long duration
bonds is questioned.
Exhibit 1 lists the
yield - to - worst
of the ten local currency
bond markets tracked by the S&P Pan Asia Bond In
bond markets
tracked by the S&P Pan Asia
Bond In
Bond Index.
Indeed, a broad swath
of high -
yield bonds that includes smaller issuances has steadily performed better than an index
of the biggest, most - traded notes
tracked by passive funds.
The fund seeks provide investment that correspond to the price and
yield performance
of an index
tracks the U.S. high
yield corporate
bond market.
Many
of the
bond indexes, therefore,
track the actual underlying price movement
of the
bonds, although some will directly
track bond yields.
It is based on the ICE BofAML Diversified High
Yield US Emerging Markets Corporate Plus Index which
tracks the performance
of corporate
bonds denominated in US dollars with an average credit rating below investment grade.
With a
yield over 7 %, the S&P U.S. Preferred Stock Index reflects a yield of over 120bps higher than U.S. high yield bonds as tracked by the S&P U.S. Issued High Yield Corporate Bond I
yield over 7 %, the S&P U.S. Preferred Stock Index reflects a
yield of over 120bps higher than U.S. high yield bonds as tracked by the S&P U.S. Issued High Yield Corporate Bond I
yield of over 120bps higher than U.S. high
yield bonds as tracked by the S&P U.S. Issued High Yield Corporate Bond I
yield bonds as
tracked by the S&P U.S. Issued High
Yield Corporate Bond I
Yield Corporate
Bond Index.
RRB real
yields tend to
track the real
yields of Canada
bonds of similar terms as we have shown earlier.
High -
yield bonds are represented by the Bloomberg Barclays US Corporate High Yield Index, which is an unmanaged, broad - based market - value - weighted index that tracks the total return performance of non-investment grade, fixed - rate, publicly placed, dollar - denominated and nonconvertible debt registered with the Securities and Exchange Commis
yield bonds are represented by the Bloomberg Barclays US Corporate High
Yield Index, which is an unmanaged, broad - based market - value - weighted index that tracks the total return performance of non-investment grade, fixed - rate, publicly placed, dollar - denominated and nonconvertible debt registered with the Securities and Exchange Commis
Yield Index, which is an unmanaged, broad - based market - value - weighted index that
tracks the total return performance
of non-investment grade, fixed - rate, publicly placed, dollar - denominated and nonconvertible debt registered with the Securities and Exchange Commission.
The S&P China Corporate
Bond Index has expanded rapidly in the past 10 years, as the market value
tracked by the index was RMB 18 trillion, which has increased 34-fold since the index's first value date on Dec. 29, 2006, and the
yield - to - maturity stood at 5.04 % with a modified duration
of 2.44 (see Exhibit 2 for the
yield comparison).
Index Definitions Bloomberg Barclays US High
Yield Corporate
Bond Index is an unmanaged broad - based market - value weighted index that
tracks the total return performance
of non-investment grade, fixed - rate publicly placed, dollar - denominated and nonconvertible debt registered with the Securities and Exchange Commission.
Table 2: Select
bond indices
tracking the five year maturity range, their
yields and returns as
of December 30, 2016:
ProShares High
Yield — Interest Rate Hedged (HYHG) tracks the Citi High Yield (Treasury Rate - Hedged) Index, which offers a diversified portfolio of high yield bonds with a built - in interest rate h
Yield — Interest Rate Hedged (HYHG)
tracks the Citi High
Yield (Treasury Rate - Hedged) Index, which offers a diversified portfolio of high yield bonds with a built - in interest rate h
Yield (Treasury Rate - Hedged) Index, which offers a diversified portfolio
of high
yield bonds with a built - in interest rate h
yield bonds with a built - in interest rate hedge.
Ten year municipal
bonds tracked in the S&P AMT - Free Municipal Series 2023 Index have seen
yields come down by 39bps this month driving a total return
of 3.18 % month to date.
Tracking Puerto Rico municipal
bonds since December 1998, the S&P Municipal
Bond Puerto Rico Index hit a record high
yield on September 9, 2013 with the index reaching a weighted average
yield of slightly over 7 %.
Five year municipal
bonds tracked in the S&P AMT - Free Municipal Series 2018 Index have rebounded as
yields have come down by 18bps over the course
of the month to end at 1.69 %.
PowerShares Fundamental High
Yield Corporate
Bond (CAD Hedged) ETF (TSX: PFH)
tracks a fundamental index comprised
of debt issued by publicly - traded companies with maturity ranging from 1 to 10 years.
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 asset cl
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 cl
bond market has made it a «risk off» destination asset class.
For example, the investment grade non-callable municipal
bonds maturing in 2024
tracked in the S&P AMT - Free Municipal Series 2024 Index ended at a
yield of 1.87 % verses the
yield of the S&P / BGCantor Current 10 Year U.S. Treasury
Bond Index
yield of 2.03 %... or 92 %
of the U.S. Treasury
yield.
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 re
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 ret
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 ret
Bond High
Yield Index remains on track to making April the 17th consecutive month in a row where it has seen a positive monthly re
Yield Index remains on
track to making April the 17th consecutive month in a row where it has seen a positive monthly return.
BMO High
Yield US Corporate Bond Hedged to CAD ETF (Ticker: ZHY; MER: 0.65 %) tracks the performance of the US high yield corporate bond market and hedges its US dollar expo
Yield US Corporate
Bond Hedged to CAD ETF (Ticker: ZHY; MER: 0.65 %) tracks the performance of the US high yield corporate bond market and hedges its US dollar expos
Bond Hedged to CAD ETF (Ticker: ZHY; MER: 0.65 %)
tracks the performance
of the US high
yield corporate bond market and hedges its US dollar expo
yield corporate
bond market and hedges its US dollar expos
bond market and hedges its US dollar exposure.
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 this year.
High
Yield municipal
bonds tracked in the S&P Municipal
Bond High
Yield index have seen a positive 2.89 % return year to date with
yields of bonds in this index dropping by 30bps during January to end at 6.46 %.
As a result this segment
of the
bond market enjoys both a higher yield and overall better year - to - date performance than U.S. corporate bonds tracked in the S&P 500 Bond In
bond market enjoys both a higher
yield and overall better year - to - date performance than U.S. corporate
bonds tracked in the S&P 500
Bond In
Bond Index.
ICE BofAML US High
Yield Master II Index The ICE BofAML U.S. High
Yield Master II Index
tracks the performance
of below investment grade U.S dollar - denominated corporate
bonds publicly issued in the US domestic market.
And looking at the overlay
of inverted yen pairs and the benchmark 10 - year U.S.
bond yields above, we can see that yen pairs were roughly
tracking bond yields from Monday to Wednesday but decoupled on Thursday when
bond yields began to rise but the yen held onto its gains (except on USD / JPY) instead
of giving them back.
And looking at the overlay
of inverted yen pairs and the benchmark 10 - year U.S.
bond yields above, we can see that yen pairs roughly
tracked bond yields on Monday and Tuesday before diverging on Wednesday and then becoming a complete mess on Thursday.
A high -
yield bond ETF that I
track very closely known as JNK started crashing in the middle
of 2008.
The ETF
tracks 150 different
bonds and can be expected to have a
yield above that
of investment grade corporate
bond funds.
While
bond funds that own a wide variety of high yield debt will include some Fallen Angel bonds, the Market Vectors Fallen Angel HY Bond ETF (NYSEArca: ANGL) is the only fund that tracks these former investment grade bonds exclusiv
bond funds that own a wide variety
of high
yield debt will include some Fallen Angel
bonds, the Market Vectors Fallen Angel HY
Bond ETF (NYSEArca: ANGL) is the only fund that tracks these former investment grade bonds exclusiv
Bond ETF (NYSEArca: ANGL) is the only fund that
tracks these former investment grade
bonds exclusively.
iShares iBoxx $ High
Yield Corporate Bond ETF (HYG) from Internet Wealth Builder This ETF is designed to track the performance of an index composed of high - yield, U.S. dollar denominated corporate b
Yield Corporate
Bond ETF (HYG) from Internet Wealth Builder This ETF is designed to
track the performance
of an index composed
of high -
yield, U.S. dollar denominated corporate b
yield, U.S. dollar denominated corporate
bonds.