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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
|
2.96% |
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S&P New York Bond Index
|
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
|
848.03 |
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S&P U.S. Preferred Stock Index (CAD)
|
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)
|
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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5 market signs to follow before buying junk bonds
Advisers suggest caution in quest for better yields |
MarketWatch - June 3, 2011 - By Deborah Levine
NEW YORK (MarketWatch) — As a rally in junk bonds extends into its third year, fund managers and financial advisers are warning investors to exercise extra caution before buying in.
The advice isn’t to run for the exits — at least not yet. Plenty of big fund managers are still recommending that investors buy more junk bonds to boost returns, after billions of dollars have flocked into the sector looking for higher yields.
But they’re urging investors to be pickier and acknowledge the risks. While these corporate bonds are also known as high-yield or speculative-grade bonds, they’re best known as junk because they have the highest risk of not paying back investors and the lowest credit ratings.
“Now is the time to be more careful and cautious,” said Lon Erickson, a co-portfolio manager at Thornburg Investment Management. “This is the time you can really get hurt.”
There are important factors to consider: their correlation to other assets, yield advantage over safer debt, valuation, credit quality and the interest-rate outlook.
High-yield bond funds and exchange-traded funds have received about $9 billion in assets so far this year, according to Lipper data. That’s on top of $14 billion in inflows in 2010.
Bank of America Merrill Lynch’s index of high-yield bonds has returned 6% so far this year, following 15% gains in 2010. It rallied 57% in 2009, after a 26% drop in 2008 when the credit crisis entered its worst phase.
The iShares iBoxx High Yield Corporate Bond exchange-traded fund HYG -0.39% has returned 1.2% this year.
For the complete article.
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| Stuff to look at |
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| BondsOnline Advisor |
Income Security Recommendation January 2013 Issue.
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