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| BondsOnline.com: instant access to and extensive coverage of over 3.5 million stocks, bonds, indexes and other securities covering major and emerging markets and exchanges across the globe. |
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| Bonds Online |
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| 5/10/2013Market Performance |
| Municipal Bonds |
|---|
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S&P National Bond Index
|
3.00% |
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S&P California Bond Index
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2.96% |
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S&P New York Bond Index
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3.13% |
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S&P National 0-5 Year Municipal Bond Index
|
0.70% |
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| S&P/BGCantor US Treasury Bond |
400.09 |
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| More |
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| Income Equities: |
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| Preferred Stocks |
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S&P U.S. Preferred Stock Index
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848.03 |
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S&P U.S. Preferred Stock Index (CAD)
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636.26 |
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S&P U.S. Preferred Stock Index (TR)
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1,701.05 |
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S&P U.S. Preferred Stock Index (TR) (CAD)
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1,276.26 |
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| REITs |
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S&P REIT Index
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174.07 |
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S&P REIT Index (TR)
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425.30 |
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| MLPs |
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S&P MLP Index
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2,469.58 |
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S&P MLP Index (TR)
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5,428.50 |
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See Data
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Investment-grade bonds surpass junk |
THE FINANCIAL EXPRESS - MAY 31, 2011 - BLOOMBERG
Investment-grade corporate bonds are outperforming high-yield debt for the first time since November as investors switch to safer credits amid concern the global economic recovery is faltering.
High-grade company debt returned 1.1% including reinvested interest in May, compared with 0.4% for speculative-grade notes, according to Bank of America Merrill Lynch index data. Last month, junk bonds beat higher-quality corporate bonds by 0.3 percentage point.
Returns on high-grade credit were driven by tumbling yields on US Treasuries and German bunds as investors fled to the safest government securities. Concern the euro region’s most troubled nations will fail to meet their debt commitments centered on Greece, while in the US reports showed that the parts of the economy worst hit by the financial crisis are still struggling to get back on their feet.
“There’s been a pullback in high yield because we’re seeing a bit of risk aversion due to the Greek situation,” said Mirko... Santucci, who oversees about $21 billion as head of credit at Swisscanto Asset Management in Zurich. “Some of the economic numbers have also been weaker than expected.”
High-yield, or junk, bonds are rated below Baa3 by Moody’s Investors Service and BBB- by Standard & Poor’s. As recently as April, these company securities were beating higher-quality debt, handing investors 1.6% compared with 1.3%, Bank of America Merrill Lynch indexes show.
This month, central bankers and politicians said for the first time that Greece may be forced to extend its debt-repayment schedule as it struggles to meet the terms of last year’s 110 billion-euro ($157 billion) international rescue, helping drive investors to safer securities.
For the complete article.
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| Stuff to look at |
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Income Security Recommendation January 2013 Issue.
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