CJNK News and Press, SPDR ICE BofAML Broad High Yield Bond ETF From 02/26/19

By Jeremy Schwartz, CFA On the last "Behind the Markets" podcast, Liqian Ren and I hosted two recurring guests. Bill Stone, CIO of Avalon Advisors, discussed joining Avalon and his global market outlook. Martin Fridson, CIO of Lehmann Livian Fridson Advisors, joined for the second half of ...

The US high-yield bond market has an impressive record when it comes to recovering drawdowns quickly . But how much can an investor who stays put reasonably expect to earn? Today's yield should give them a pretty good idea. History has shown that the yield you start with is a remarkably r...

"Forgiveness is the fragrance that the violet sheds on the heel that has crushed it." - Mark Twain Looking at the continuation of the rally seen in January, with markets being more oblivious to macro data given the return of the central banking support narrative, when it came to selecting ...

High yield funds (including both mutual funds and ETFs) took in $728 million in net new money for the fund-flows trading week ended Wednesday, February 13. This was the fifth net inflow in the last six weeks for the group during which time its total intake has been +$9.4 billion, this includes...

The US high-yield market has suffered ten peak-to-trough losses greater than 5% in the last 20 years. On average, investors recovered their losses in only four months - and sometimes as few as two. Following the longest and largest drawdown of -35%, which lasted 19 months, investors who stay...

By Collin Martin The investment-grade corporate bond market has gotten riskier. BBB rated corporate bonds now make up more than half of the investment-grade corporate bond market,¹ and the share keeps rising. We suggest investors play defense with their investment-grade corporate bo...

By Kevin Flanagan, Senior Fixed Income Strategist A bit over a month into the new year, and the two asset classes whose performance stands out are U.S. investment grade ((IG)) and high-yield ((HY)) bonds. This recent turn of events is certainly a noteworthy reversal of fortune from how 201...

It takes 35 years in the trenches of the junk bond market for an investment professional to come up with a one-liner that summarizes the volatility of low-grade debt: “It reads like a bond, but trades like a stock.” As junk bond spreads were blowing out in January 2016, the ...

Just like the broader market this week, the rally in high yield credit stalled out a bit. Earlier on Friday, we highlighted the fact that the S&P 500 ran into resistance right at its 200-DMA earlier this week and has been pulling back ever since. In the case of the ETF that tracks the hi...

U.S. high-yield funds pulled in $3.86B for the week ended Friday, the largest amount since July of 2016, according to Lipper data. More news on: iShares iBoxx $ High Yield Corporate Bond ETF, SPDR Bloomberg Barclays High Yield Bond ETF, Credit Suisse High Yield Bond Fund, Financial stocks ...