High Yield Weekly

19 Apr 2024

CAM High Yield Weekly Insights

(Bloomberg)  High Yield Market Highlights US junk bonds are headed for the third weekly loss — and the biggest since January — as yields soar to a more than four-month high on geopolitical tensions and concerns about interest rates staying higher for longer and stubborn inflation. Yields, which have risen for seven straight sessions, are […]

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12 Apr 2024

CAM High Yield Weekly Insights

(Bloomberg)  High Yield Market Highlights US junk bonds are headed for their second straight weekly loss as yields jump to a four-month high after the March core consumer price index rose for the third straight month, fueling fresh concerns that the Federal Reserve could delay interest-rate cuts to the end of year. Junk-bond yields breached […]

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05 Apr 2024

CAM High Yield Weekly Insights

(Bloomberg)  High Yield Market Highlights US junk bonds are headed toward the biggest weekly loss since mid-January on renewed concerns about the Federal Reserve delaying rate cuts and holdings interest rates higher for longer on robust economic data. The drop was also driven by rising commodity prices, led by oil and copper, fueling more inflation […]

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22 Mar 2024

CAM High Yield Weekly Insights

(Bloomberg)  High Yield Market Highlights US junk bond rally came as a lagged response after Federal Reserve Chair Jerome Powell’s reiteration that rate cuts are likely to begin later this year. Yields plunged to a nearly 12-week low of 7.65%, after dropping for four straight sessions, and are on track for the biggest weekly decline […]

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15 Mar 2024

CAM High Yield Weekly Insights

(Bloomberg)  High Yield Market Highlights The US junk bond rally finally broke on Thursday with the biggest one-day loss in four weeks driving the market to its first modest weekly loss since mid February. Data showed inflation continues to be sticky, even as retail sales showed some sluggishness signaling consumer spending may not hold as […]

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08 Mar 2024

CAM High Yield Weekly Insights

(Bloomberg)  High Yield Market Highlights The US junk bond market is headed toward a third-straight weekly gain, with its current six-day winning streak the longest this year and yields dropping to 7.75%. It’s allowed yields for the riskiest part of the market, CCCs, to fall below 12% for the first time this year. They’ve fallen […]

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01 Mar 2024

CAM High Yield Weekly Insights

(Bloomberg)  High Yield Market Highlights   The broad rally in risk assets has propelled CCCs, the riskiest part of the junk bond market, to the top as the best performing asset class in February. Returns for the month were 1.7% after climbing for six consecutive sessions. The gains came after S&P 500 breached the 5,000 […]

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23 Feb 2024

CAM High Yield Weekly Insights

(Bloomberg)  High Yield Market Highlights US junk bonds notched their biggest one-day gains in more than four weeks and are poised for a rebound off last week’s losses to score the biggest weekly gains in four, as equities hit an all-time high, driving spreads to a more than two-year low of 306 basis points. With […]

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16 Feb 2024

CAM High Yield Weekly Insights

(Bloomberg)  High Yield Market Highlights US junk bonds may end a three-week rally as they head to close the week with modest negative returns. Markets were jolted earlier this week when faster-than-expected inflation caused the biggest one-day loss in four months. The consumer price index rose by more than forecast in January on a monthly and annual […]

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09 Feb 2024

CAM High Yield Weekly Insights

(Bloomberg)  High Yield Market Highlights After a bumpy start to the year, US junk bonds are headed for their third straight week of gains, propelled by CCCs, the riskiest tier of the high yield market. Gains spanned across the market, spurred by economic growth backed by strong labor market, expanding business activity and cooling inflation […]

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