SPXB News and Press, ProShares S&P 500 Bond From 05/07/23

2023-05-07 04:56:00 ET Summary Higher central bank policy rates have increased the cost of capital for corporations and other issuers of debt. Issuers of bank loans, the very large majority of whom are below-investment grade rated companies, are now facing all-in interest expenses...

2023-05-02 11:06:22 ET ProShares S&P 500 Bond ETF ( SPXB ) - $0.2336 . 30-Day SEC Yield of 5.00% as of Mar. 31. Payable May 08; for shareholders of record May 02; ex-div May 01. For further details see: ProShares S&P 500 Bond ETF declares monthly distribu...

2023-05-02 02:15:00 ET Summary Stock and bond markets ended the first quarter of 2023 with solid gains despite investor concerns. Gains in the stock and bond markets were primarily driven by a continued decline in interest rates, the rate of inflation, and surprisingly resilient e...

2023-04-30 07:04:00 ET Summary Fixed income has both historically served as a diversifier and provided protection during times of market turbulence. Investment-grade (IG) index duration was rising before the COVID-19 pandemic, but it has fallen from the peak of 8.45 years at the e...

2023-04-28 04:30:00 ET Summary Canadian corporates succumbed to heightened risk aversion in March, following the banking turmoil, before the swift US and Swiss central bank market interventions calmed markets. Both Canadian and US credit spreads widened during the risk-off episode...

2023-04-23 04:52:00 ET Summary The first quarter of 2023 was marked by heightened volatility during the banking crisis in March, although the preceding two months were fairly tame. We saw a very volatile first quarter in fixed income, with much speculation into U.S. Federal Reserv...

2023-04-22 04:15:00 ET Summary Recent outperformance by large-cap growth stocks may reflect a rotation into long-duration assets as the economy weakens and the turn in the rates cycle approaches. We remain cautious on equities in general, however, given uncertainty about the laggi...

2023-04-20 14:07:00 ET Summary Our entire financial system revolves around credit. This includes the ability to access credit for new loans, and more importantly, the refinancing of existing loans. At the center of any credit contraction are the banks, for it is they who are the p...

2023-04-20 02:54:00 ET Summary Managers have become less bearish on credit spreads with ~40% expecting spreads to be range-bound in the next 12 months. Inflation and the prospect of recession are the major concerns among managers. At the time of the survey close on Feb. 15, pa...

2023-04-19 03:09:00 ET Summary Aggressive monetary pressure finally saw meaningful impact in the first quarter, in the form of a bank liquidity crisis that required swift intervention by regulators to limit contagion. Markets reacted with volatility and, in anticipation of tighter...