Crisis valuations – without the crisis
Sometimes the market is not just inefficient, it throws up opportunities that defy logic – and today, argues Jack Holmes, is such an occasion
High Yield
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What to make of high yield’s time in the sun
Corporate bond yields may look superficially attractive but, writes Cherry Reynard, this is a time to identify the strongest credit manager available The high yield market is in an odd position. On the one hand, there are clear and mounting signs of corporate distress – bankruptcies and defaults are rising and many companies are feeling…
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European high-yield market looking more attractive in 2023
Offer investors a higher spread than their US peers
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Is the global macro/policy backdrop still supportive of credit?
The current yield-curve dynamics are not what we would normally expect in this stage of the business cycle
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Tesla boss’ financial woes founded in rising real yields
Is this a sign that European investors should back away from fixed income?
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Zombie revival, improving fundamentals and monetary policy
The outlook for high yield in 2021
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Hunting for income in 2021
There seems little doubt that investors are going to have to be more creative in the year ahead
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Is there value left in corporate bonds?
Asset class faces lower yield, better performance may be behind it and issuance is abundant
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Distressed leveraged finance ratios hit 2011 high
As banking sector is largely exposed to leveraged loans and marginally to high yield bonds
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Is now the right time to be chasing yield?
Liquidity is, has been, and will continue to be a key variable in the new order
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Energy bonds face ‘big default cycle’ warns asset manager
Renewable energy players could emerge more resilient from the shake up
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PGIM offers high yield bond fund
Ucits fund invests in developed markets with a focus on Europe and applies hedges to mitigate currency risk