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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
|
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)
|
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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High-Yield ETFs Fall to 52-Week Low in Bad Sign for Stocks |
ETF TRENDS - Oct. 3, 2011 - By John Spence
Exchange traded funds that invest in high-yield corporate bonds fell to new 52-week lows on Monday, which is a discouraging sign for equities ETFs as “junk” bonds have been a fairly reliable leading indicator for the stock market.
The iShares High Yield Corporate Bond (NYSEArca: HYG) and SPDR Barclays High Yield Bond (NYSEArca: JNK) were in the red Monday, dropping to the lowest levels in a year.
The junk bond ETFs have fallen since they created a so-called bear cross in September when the 50-day moving averages crossed below the 200-day averages. [Bearish Crossover in High-Yield ETFs]
“If history is any guide and the high-yields continue to give leading edge signals, this breakdown is not a bullish sign for stocks and the economy,” wrote Chris Kimble at Kimble Charting Solutions in a recent blog post.
Junk bond ETFs have skidded recently as investors bid up Treasury bonds and push yields lower. Bond prices and yields move in opposite directions. Yields on the 10-year Treasury note fell below 1.9% on Monday.
“Investors became so nervous in the past two months that they’re not willing to gamble on risky junk bonds anymore — despite the lucrative promise of high yields,” CNNMoney reported Monday.
Tilting to investment-grade corporate bonds rather than the high-yield sector is one step investors can take to protect their portfolios from a double-dip recession. [ETF Moves to Help Recession-Proof Your Portfolio]
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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