(Bloomberg)  High Yield Market Highlights     US junk bond yields held steady, with spreads still at a three-year low fueling a wave of new bond sales to push June’s tally to nearly $22b. That’s already 23% more than the full month of June 2024 and up almost 70% on June 2023. The market awaits […]

(Bloomberg)  High Yield Market Highlights     US junk bonds may snap a 13-day gaining streak after Israel’s strikes on Iran’s nuclear sites sparked a flight to haven assets, including US Treasuries and gold. US equity futures retreated as investors await Iran’s response amid concern the conflict could widen. US junk bond yields held steady […]

(Bloomberg)  High Yield Market Highlights US junk bonds are headed for the second consecutive week of gains after eight straight sessions of positive returns, the longest winning streak since August of last year. Yields still hovered near a three-month low and spreads near 300 basis points. The broad rally is spurred partly expectations that Federal […]

  (Bloomberg)  High Yield Market Highlights   US junk bonds shrugged off a jump in jobless claims and recurring benefits to rally for a third straight session. Yields and spreads also dropped for the third day to close at 7.46% and 311 basis points, respectively. Attractive all-in yields and still tight spreads have revived the […]

(Bloomberg)  High Yield Market Highlights     US junk bonds are headed for their fifth weekly gain on easing trade tensions and signs of a still-resilient economy. The rally was also fueled by bets that the Federal Reserve will cut interest rates at least twice this year after data showed tariffs have had limited impact […]

(Bloomberg)  High Yield Market Highlights     US junk bonds are headed for their third weekly gain with each ratings cohort participating US high yield funds attracted $2.5b of inflows for week ended Wednesday, the most since July, wrote JPMorgan citing LSEG data. US junk bond yields moved 1basis point higher to 7.81% this week […]

(Bloomberg)  High Yield Market Highlights     US junk bonds shrugged off equity volatility to notch up gains for the fifth straight session. The junk market printed a weekly gain, rebounding from last week’s losses. Yields dropped 43 basis points for the week to close at 8.19%, the biggest weekly decline since December 2023. The […]

(Bloomberg)  High Yield Market Highlights     US junk bonds are headed for their third weekly loss after dropping in five of the last six sessions, spurred by US tariffs and the continuing trade war with China. Yields surged 32 basis points in four sessions this week, the third consecutive week of rising yields. The […]

(Bloomberg)  High Yield Market Highlights     US junk bond spreads widened to a 16-month high, the most since the pandemic in March 2020, as global markets were hit by US tariffs. Yields surged to a nine-month high, hovering near 8%, after rising the most in more than two years. Soaring yields and widening spreads […]

(Bloomberg)  High Yield Market Highlights     US junk bonds continued to retreat on renewed concerns prompted by tariffs on automakers that could provoke a large scale trade war, nullifying the impact of data showing US economy expanded faster-than-expected in the fourth quarter of last year. The market stumbled for the second straight session on […]