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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
|
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)
|
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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Smart investors find gains in illiquid, volatile corporate bonds |
IFR - Dec. 14, 2011 - By Danielle Robinson
If smart corporate bond investors have learned anything from this year’s tumultuous markets, it’s that it can pay to be directionless.
“If you time the market perfectly you stand to make a lot of money, but if you are even just slightly off you could end up with significant losses,” said Stephen Antczak, head of US credit strategy at Citigroup.
Antczak’s team has determined that the odds of making the right directional call since August have been about as reliable as flipping a coin.
So far this year the benchmark CDXHY index of high yield bonds has suffered 23 ’extreme’ moves of more than 30bp in one trading day, 22 of which have occurred since August. Of those 22, 11 were days when the index gapped wider and 11 days when it moved tighter.
“What it means is that you could ultimately make the right call, but the volatility experienced in getting there could mean a lot of debilitating mark to market losses along the way,” said Antczak.
For the complete article.
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| Partner Market Place |
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| Stuff to look at |
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| BondsOnline Advisor |
Income Security Recommendation January 2013 Issue.
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