|
|
|
|
| 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. |
|
|
| Bonds Online |
|
|
| 5/10/2013Market Performance |
| Municipal Bonds |
|---|
|
S&P National Bond Index
|
3.00% |
|
|
S&P California Bond Index
|
2.96% |
|
|
S&P New York Bond Index
|
3.13% |
|
|
S&P National 0-5 Year Municipal Bond Index
|
0.70% |
|
|
| S&P/BGCantor US Treasury Bond |
400.09 |
|
| More |
|
| Income Equities: |
|---|
| Preferred Stocks |
|---|
|
S&P U.S. Preferred Stock Index
|
848.03 |
|
|
S&P U.S. Preferred Stock Index (CAD)
|
636.26 |
|
|
S&P U.S. Preferred Stock Index (TR)
|
1,701.05 |
|
|
S&P U.S. Preferred Stock Index (TR) (CAD)
|
1,276.26 |
|
|
| REITs |
|---|
|
S&P REIT Index
|
174.07 |
|
|
S&P REIT Index (TR)
|
425.30 |
|
|
| MLPs |
|---|
|
S&P MLP Index
|
2,469.58 |
|
|
S&P MLP Index (TR)
|
5,428.50 |
|
|
See Data
|
|
|
|
 |
|
|
|
|
|
|
The rush to junk bonds: A 'dangerous game' |
CNNMoney.com - Sept. 20, 2010 - By Blake Ellis
NEW YORK (CNNMoney.com) -- Bond investors and traders continue to be lured to high-yielding junk bonds as ultra-safe U.S. Treasurys waft in a tight range.
An improving economic outlook coupled with easing corporate defaults rates are behind the rush to junk, which are rated below investment grade.
As of Monday, junk bond issuance totaled $173.6 billion, according to research firm Dealogic. That means the amount of debt issued so far this year already tops the full-year record of $163.6 billion set in 2009.
"We're getting a very strong reaction to corporate bond issuance," said Kenneth Naehu, managing director and head of fixed income at Bel Air Investment Advisors. "The higher yields are luring people away from Treasurys."
Yields on corporate bonds tend to be about 100 basis points higher than Treasurys, said Naehu.
In addition to the big returns, the default rate on high-yielding bonds dropped to 5.1% last month from 13.2% a year ago, according to Moody's Investment Services.
That may be all well and good for the short term, but Naehu cautioned that default rates will eventually rise again.
For the complete article visit CNNMoney.com
|
|
|
|
|
|
| Partner Market Place |
|
|
|
| Stuff to look at |
Yield and Income Newsletter: A must have for income investors. subscribe NOW
S&P Commentary and Newsletters: S&P
|
|
| BondsOnline Advisor |
Income Security Recommendation January 2013 Issue.
Keep up with monthly, in-depth coverage of fixed income market strategies, commentary, and insights as seen by our sources. Sign up for the free BondsOnline Advisor now!
Unsubscribe here [+] |
|
|
|
|
|
|
|
|
