(Bloomberg)  High Yield Market Highlights     US junk bond yields reached a new nine-month high on climbing oil prices, and Fed Chair Jerome Powell cautioning that the inflationary fallout from rising energy costs remains uncertain. The high-yield primary market has remained quiet. Rattled investors pulled more than $3b from US high yield funds last week. The weekly withdrawals were the highest […]

(Bloomberg)  High Yield Market Highlights   US junk bond yields soared and risk premiums approached 300 basis points fueling the biggest one-day loss in nearly a year, as fears of higher oil prices and inflation rattled markets. The energy sector accounts for more than 11% of the US high yield index. The selloff comes as […]

  (Bloomberg)  High Yield Market Highlights   US junk bonds will take their cue from key employment and retail sales data Friday amid broader market angst tied to Iran war Meanwhile, issuance of new junk notes has slowed to a trickle Thursday saw one deal enter the market, a $250 million tap from NGL Energy, […]

(Bloomberg)  High Yield Market Highlights     US junk bonds tumbled, yields rose and risk premiums surged as anxieties over artificial intelligence boiled over, causing a broad reassessment of riskier assets. Yields jumped the most in three weeks to 6.63% and spreads widened the most in four months to 275 basis points. The selloff extended […]

(Bloomberg)  High Yield Market Highlights     US junk bonds stalled for a third straight session as yields climbed after data showed consumer confidence collapsed to its lowest level in more than a decade. A measure of consumer sentiment on present conditions slid to a five-year low, reinforcing concerns about a potential economic slowdown. The […]

(Bloomberg)  High Yield Market Highlights     US junk bonds stalled after a two-day rally as jobless claims dropped to a three-year low, suggesting employers are largely holding onto workers. Still, the market is on track for its fourth straight week of gains amid growing expectations of a Fed rate cut next week. Yields were […]

  (Bloomberg)  High Yield Market Highlights US junk bonds posted modest gains on Thursday but still leave slight losses for the week across the rating spectrum. The broad gains spanned ratings, with even CCCs, the riskiest part of the credit market, rebounding from a six-day losing streak as junk bonds shrugged off a selloff in [...]

  US junk bonds tumbled Thursday, posting their worst one-day loss in nearly five weeks after a chorus of Fed officials warned against premature rate cuts. The slide came just as investors braced for a deluge of economic data, with the government reopening after the longest shutdown in US history. Yields jumped the most in […]

(Bloomberg)  High Yield Market Highlights     US junk bonds tumbled, posting their steepest one-day loss in three weeks, as the risk premium climbed to 278 basis points after Chair Powell cautioned that a December rate cut is not a foregone conclusion. Yields rose 11 basis points to 6.76%, the biggest one-day jump in three […]

(Bloomberg)  High Yield Market Highlights       US junk bonds are headed for modest weekly gains after yields fell by a mere two basis points in the last four sessions and risk premium by just five basis points. A resurgence of trade tensions with China and a lack of macro data to assess the […]