SHYL News and Press, Xtrackers Short Duration High Yield Bond From 04/21/20

Junk bonds - those rated BB or lower - surged earlier this month as the US Federal Reserve announced it would be buying high yield ETFs for the first time in history. The announcement came on April 9, less than three weeks following the equity market low on March 23. On the news, speculative...

By Tajinder Dhillon Brent oil has entered into a bear market, as prices have fallen almost $30 a barrel since the beginning of the year. Initial worries over COVID-19 caused the largest weekly decline in Brent oil prices since January 2016, having declined 13.6% during the week of February...

Here's that iceberg that is drifting toward our economy's Titanic... and no, it ain't a virus, but it is our choice: Via: @Schuldensuehner Years of easy credit, easy money. The pile of debt from Baa to lower ratings is the real threat here, for its sustainability is heavily contingent on t...

Although risk-free yields have nudged up a bit after seven years of Fed ZIRP (zero interest rate policy) from 2008 to 2015, the desirability of investment grade or bank insured yield vehicles remains muted. Indeed, with the 10-year Treasury continuing to sit sub-two percent and the Fed easing ...

By Ansh Chaudhary The ETF Deathwatch list remained the same size in October. Twenty-one exchange-traded products ("ETPs") were added to the list, and 21 funds were removed. Of the removals, 12 were removed due to increased health and nine were due to asset managers closing their funds. Oc...

"Don't feed the animals." Signs bearing this exhortation can often be found in national and state parks or large city parks, in which a variety of wildlife reside with minimal human contact. Image Source The reason for this injunction is simple: There is a natural order that exists...

Risks abound in today's market environment. From geopolitical to trade, economic, credit, or election risk, the potential for the reemergence of volatility seems ubiquitous. And yet, the S&P 500 ( SPY ) is currently only ~3% off of its all-time high reached in July. Investors have shrugg...

The UK Supreme Court deals a strong blow to Brexit's chances. Donald Trump digs his heels in on protectionism. Houthi rebels (likely backed by Iran) successfully shut down half of Saudi oil production capacity through a terrorist strike. Democrats launch an official impeachment inquiry into th...

An inverted yield curve is one of the most reliable leading indicators of an ensuing recession. That is, when longer maturity Treasury yields such as that of 10, 20, or 30-year bonds are lower than the yields of short-term Treasury yields, this signifies the market betting that the Federal...

To many onlookers, since the great financial crisis, the world of fixed income securities has become an alien landscape. Yields on government bonds have fallen steadily across all developed markets. As the chart below reveals, there is now a record US$13trln+ of negative-yielding fixed income ...