High Yield Quarterly

09 Apr 2019

2019 Q1 High Yield Quarterly

In the first quarter of 2019, the Bloomberg Barclays US Corporate High Yield Index (“Index”) return was 7.26%, and the CAM High Yield Composite gross total return was 7.22%. The S&P 500 stock index return was 13.65% (including dividends reinvested) for Q1. The 10 year US Treasury rate (“10 year”) spent most of quarter between [...]
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29 Jan 2019

2018 Q4 High Yield Quarterly

In the fourth quarter of 2018, the Bloomberg Barclays US Corporate High Yield Index (“Index”) return was -4.53%, and the CAM High Yield Composite gross total return was -3.41%. For the year, the Index returned -2.08%, and the CAM Composite returned -3.39%. The S&P 500 stock index return was -4.39% (including dividends reinvested) for 2018. [...]
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19 Oct 2018

2018 Q3 High Yield Commentary

In the third quarter of 2018, the Bloomberg Barclays US Corporate High Yield Index (“Index”) return was 2.40%. For the year, the Index return was 2.57%. The 10 year US Treasury rate (“10 year”) was mostly range bound during the quarter oscillating between 2.8% and 3.0%. However, around mid-September, the 10 year started moving higher [...]
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24 Jul 2018

Q2 2018 High Yield Commentary

In the second quarter of 2018, the Bloomberg Barclays US Corporate High Yield Index (“Index”) return was 1.03%.  For the year, the Index return was 0.16%.  While Treasury rates have generally increased throughout 2018, High Yield is one of the best performing asset classes within fixed income.  As seen last year and also during Q1, [...]
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09 Apr 2018

Q1 2018 High Yield Commentary

During the first quarter of 2018, the High Yield Market gave back a modest amount of the gains seen in 2016 & 2017. The first quarter return of the Bloomberg Barclays US Corporate High Yield Index (“Index”) return was ‐0.86%. While the total return was negative, the return still bested most of the other asset […]

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30 Jan 2018

Q4 2017 High Yield Commentary

During the fourth quarter of 2017, albeit at a slower pace, the High Yield Market continued the positive return trend of the first three quarters. The Bloomberg Barclays US Corporate High Yield Index return was 0.47% for the fourth quarter. For the year, the Index returned 7.50% which leads many asset classes in the fixed […]

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30 Oct 2017

Q3 2017 High Yield Commentary

During the third quarter of 2017, albeit at a slower pace, the High Yield Market continued the positive return trend of the first and second quarters. The Bloomberg Barclays US Corporate High Yield Index return was 1.98% for the third quarter. Positive returns of 2.70% and 2.17% were posted for the first and second quarters […]

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30 Jul 2017

Q2 2017 High Yield Commentary

The Bloomberg Barclays High Yield Index returned 2.17% during the second quarter of 2017 and 4.93% for the first half of the year, continuing, although at a slower pace, the robust 2016 performance (+17.13%) which was the best since the 2009 recovery performance of 58.21%. Unlike Q1 and all of 2016, the highest rated credit […]

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30 Mar 2017

Q1 2017 High Yield Commentary

The High Yield Market returned 2.70% during the first quarter of 2017, continuing, although at a slower pace, the robust 2016 performance (+17.13%) which was the best since the 2009 recovery performance of 58.21% (Bloomberg Barclays Indices). As was the case for all of 2016, Q1 performance was characterized by outsized performance of the weakest […]

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