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Showing 1 - 10 of 11 results for "Junk bonds"

Capital markets spearhead next recession: CIO

KARREN VERGARA  |  FRIDAY, 3 MAR 2023
... investors do not understand the high levels of risk borne by private equity, which is underpinned by investments in junk bonds with CCC ratings, she said. This equates to being overleveraged by 5-7x net debt over earnings before interest, depreciation ...

S&P warns of record fallen angels

ELIZA BAVIN  |  FRIDAY, 19 JUN 2020
S&P Global has warned of a record number of junk bonds in June as issuance in the US high yield bond market tracks at its busiest pace. The global ratings agency said there is an expected US$23.88 billion priced through June 12, following on from May's ...

Chief economist update: Bad news is good news is back

BENJAMIN ONG  |  MONDAY, 11 MAY 2020
... package - worth around US$2 trillion -- and the Fed has pulled out all the stops in underwriting whatever (they be junk bonds or whatnots) to ensure liquidity keeps flowing. Equity market investors can justify the rise and rise in stock prices by expecting ...

Junk by name, junk by nature?

ALLY SELBY  |  THURSDAY, 30 APR 2020
Junk bonds, despite the unfortunate name, aren't the trash of the investment world, although in the current uncertain environment they sure could be. These credit products are issued by governments and companies, and offer higher rates of return ...

Chief economist update: Oil gush

BENJAMIN ONG  |  FRIDAY, 3 APR 2020
... the opposite effect. The 'Financial Times' noted back then that energy companies are the biggest issuers of junk bonds, accounting for more than 11% of the US high-yield market - catching out many investors seeking higher yields. US president ...

Chief economist update: The crash we have to have

BENJAMIN ONG  |  TUESDAY, 10 MAR 2020
... higher yields, moral hazard and lower rates for longer have reduced risks anyway. One such high risk investment is junk bonds. It offers relatively higher yield to the investor and relatively lower cost for the issuer. Financial Times notes that energy ...

LIT serves up junk bonds to SMSFs

KANIKA SOOD  |  MONDAY, 20 AUG 2018
... the offer has surpassed its minimum raise of $150 million. The IPO, which opens today, will run until September 7. Junk bonds and SMSFs: an unlikely match? As rates have come down globally, Australian investors have found it hard to generate income ...

Santa's bargains

BENJAMIN ONG  |  MONDAY, 15 DEC 2014
... to believe too given the depressing headlines about oil's slide (and more to follow), its negative repercussions for junk bonds, and lenders to oil companies, and oil producers and their economies and transmit this weakness other economies and markets ...

Investors blind to arbitrage opportunity in emerging market debt

MARK SMITH  |  WEDNESDAY, 3 DEC 2014
Investors can get better yields on BBB investment grade bonds in emerging markets that they can on junk bonds in the developed world but investors' prejudice means most are missing out, according to Loomis Sayles head of emerging markets investments ...

May worry

BENJAMIN ONG  |  MONDAY, 28 APR 2014
... 2007, or four months before a major bear market began in October" -- "...bond investors started to migrate away from junk bonds toward more conservative Treasuries (TLT) well before stocks peaked." "How does the ratio of junk bonds vs. Treasuries look ...
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