SPLB News and Press, SPDR Portfolio Long Term Corporate Bond From 04/20/21

The bond market is partying like it's 1999, and there is no end in sight. Despite wide spreads and tight spreads, bonds still need to be bought by insurance companies, money managers, university endowments and other institutions that have ratings partially based upon their bond positi...

SPDR Portfolio Long Term Corporate Bond ETF (SPLB) - $0.0791.30-Day SEC Yield of 3.47% as of Mar. 31.Payable Apr 08; for shareholders of record Apr 05; ex-div Apr 01. For further details see: SPDR Portfolio Long Term Corporate Bond ETF declares monthly distribution of $0.0791

Higher yields have so far left the credit market largely unscathed, but they have changed the balance of opportunity. Against this year's early-cycle background, we anticipate further tailwinds for the lower-rated, more economically sensitive part of the credit market. Right now, ...

Fundamentals are in place for a major EM crisis, and I see reasonable probabilities of an unfolding crisis in Turkey providing the catalyst. Meanwhile, complacency in "developed" markets remains formidable. Is systemic crisis even possible while the major central banks are running ful...

Expectations for rising inflation and economic growth coming out of the pandemic has fueled surging stock prices and plummeting bond prices. But trillions of dollars of debt from unproductive spending has built up in the last year, which fundamentally impairs future economic growth. ...

One of the interesting things during the period when Treasury yields were rising was that all of the risk assets were compressing against Treasuries. There is virtually no spread in any of the credit indexes that pays the buyer for the credit risk. The spreads are just off historic lo...

Bond yields and inflation expectations keep climbing higher, and so are stocks, at least for now. There are a few crucial moving parts, but at the end of the day, it's always the same aspect - Fed. It surely looks as if stocks don't yet fully price in higher yields, higher commodi...

For credit markets, the returns just kept coming in 2020 once the Fed stepped in with its strong policy support in late March. With strong returns in the fourth quarter, both investment grade and high yield corporate markets in the U.S. ended the year with positive returns over equiva...

As COVID-19 has spread across the globe, wreaking havoc, a financial pandemic has likewise proliferated around the world. Zombie companies, weak firms persistently unable to cover their fixed expenses with operating profits, massively increased in number in 2020. But zombie compan...

SPDR Portfolio Long Term Corporate Bond ETF (SPLB) - $0.0803.30-Day SEC Yield of 3.21% as of Feb 26.Payable Mar 05; for shareholders of record Mar 02; ex-div Mar 01. For further details see: SPDR Portfolio Long Term Corporate Bond ETF declares monthly distribution of $0.0803