(Bloomberg)  High Yield Market Highlights     US junk bonds are headed for the worst weekly loss in six, as risk appetite wobbled on Fitch’s downgrade of US government debt, higher longer-dated Treasury yields and a Senior Loan Officer Opinion Survey that showed tightening lending standards.  While it was business as usual for the primary […]

(Bloomberg)  High Yield Market Highlights US junk bonds lost some momentum on renewed concerns that strong macro data will pressure the Federal Reserve to raise rates again, prolonging the most aggressive policy tightening in decades. Junk bonds posted a modest loss of 0.1% on Thursday, on pace to end the two-week gaining streak. Yields jumped […]

(Bloomberg)  High Yield Market Highlights The US junk-bond rally stalled after data showing a resilient labor market renewed concerns that the Federal Reserve may not stop its interest-rate hikes after the quarter-point move expected next week.  The securities posted a modest loss of 0.03% on the week as yields rose seven basis points to 8.36. […]

(Bloomberg)  High Yield Market Highlights   The US junk bond market is headed toward the third week of gains largely propelled by the riskiest part of the junk market even after the Federal Reserve left the door open for future hikes. The CCC segment is on track for the biggest weekly gains since mid-April at […]

(Bloomberg)  High Yield Market Highlights     US junk bonds are heading for a modest weekly gain as investors debate whether the Federal Reserve will pause its tightening campaign or keep rates higher for longer following the example of the Bank of Canada. Signs of bullish sentiment can be seen as US high yield funds reported […]

(Bloomberg)  High Yield Market Highlights US junk bonds are headed toward the third straight week of losses and the biggest weekly loss in more than two months, pushing yields to a seven-week high on worries over negotiations to raise the debt ceiling. The week-to-date loss is 0.45%. The losses spanned ratings categories. US high yield funds reported an outflow of […]

(Bloomberg)  High Yield Market Highlights     The junk market snapped the knee-jerk rally that followed the Fed meeting where Chair Jerome Powell said that the central bank was “much closer to the end” of the rate-hike campaign after raising interest rates by a quarter percentage point. US junk bonds posted the biggest one-day loss […]

(Bloomberg)  High Yield Market Highlights US junk bonds are posted to close the month with modest gains, outperforming investment-grade bonds, on expectations the Fed may pause its rate-hike campaign after an anticipated 25bps increase at the next policy meeting. The struggles of First Republic Bank this week reinforced that market consensus. The gains spanned the […]

(Bloomberg)  High Yield Market Highlights US junk bonds are set to lose this week by the most in six weeks, ending a month long rally as investors brace for at least one more interest rate hike by the Federal Reserve. Yields in the risky debt jumped by 18 basis points this week to 8.58%, the […]

(Bloomberg)  High Yield Market Highlights US junk bonds staged the biggest one-day rally in two weeks, capping a six-session advance that marks the longest winning streak in more than three months. Yields tumbled to a two-month low of 8.38% and spreads dropped below +450 to close at +446, the tightest in five weeks. The rally […]