First Trust High Yield Long/Sho (HYLS) 49.19 $HYLS
Swap Spreads Say Junk Bonds Look Attractive
Calafia Beach Pundit - at Seeking Alpha - Fri Dec 12, 9:36PM CST
High-yield debt (aka junk bonds) has suffered almost a 10% drop in value since oil prices started to collapse last June. But 2-yr swap spreads have only increased about 10 bps over that same period, and are currently trading in "benign"...
JNK: 37.63 (-0.45), HYG: 87.25 (-1.20), SJB: 28.92 (+0.30), XOVR: 25.90 (unch), QLTC: 48.77 (+0.01), ANGL: 26.56 (-0.25), UJB: 53.91 (-1.28), HYLS: 49.19 (-0.52), HYLD: 40.72 (-0.68), UAL: 64.10 (-1.70)
Duck And Cover-- The Lull Is Breaking, The Storm Is Nigh
David Stockman - Seeking Alpha - Thu Dec 11, 11:40AM CST
September 15, 2008 is the day that Lehman died and the moment that the world’s central banks led by the Fed went all-in. As it has turned out, that was an epochal leap into the most dangerous monetary deformation that the world has ever known. ...
SPUU: 133.25 (-4.04), ANGL: 26.56 (-0.25), UJB: 53.91 (-1.28), HYLD: 40.72 (-0.68), SPLX: 29.28 (-1.09), SPXU: 41.74 (+1.85), JNK: 37.63 (-0.45), UPRO: 122.50 (-6.11), SPY: 200.89 (-3.30), EPS: 70.28 (-0.82), SJB: 28.92 (+0.30), XOVR: 25.90 (unch), QLTC: 48.77 (+0.01), SPXL: 80.98 (-4.14), HYLS: 49.19 (-0.52), HYG: 87.25 (-1.20), RWL: 39.45 (-0.56), SFLA: 177.67 (+3.02), RSP: 77.76 (-1.23), SH: 22.47 (+0.38), SSO: 121.69 (-3.95), IVV: 202.25 (-3.29), BXUC: 299.86 (unch), VOO: 184.21 (-3.04), TAPR: 34.50 (-2.10), SDS: 23.40 (+0.69), BXUB: 201.74 (unch), PLW: 33.13 (+0.33), GOVT: 25.29 (+0.10)
Energy drags down high-yield bonds
Seeking Alpha - at Seeking Alpha - Tue Dec 09, 2:51PM CST
HYG: 87.25 (-1.20), SHYG: 47.42 (-0.51), HYZD: 23.36 (-0.13), SJNK: 28.72 (-0.06), BSJM: 23.93 (-0.27), HYHG: 71.53 (-0.96), ANGL: 26.56 (-0.25), BSJK: 24.78 (-0.17), UJB: 53.91 (-1.28), HYLD: 40.72 (-0.68), BSJL: 23.97 (-0.24), BSJI: 25.66 (-0.08), HYND: 21.19 (-0.22), HYGH: 91.46 (-0.54), BSJJ: 24.66 (-0.13), BSJH: 25.85 (-0.26), JNK: 37.63 (-0.45), BSJG: 25.83 (-0.22), BSJF: 25.90 (-0.17), SJB: 28.92 (+0.30), BSJE: 26.19 (+0.01), THHY: 23.82 (-0.32), XOVR: 25.90 (unch), HYS: 100.08 (-0.50), QLTC: 48.77 (+0.01), HYLS: 49.19 (-0.52)
Indicator That Precedes Almost Every Stock Market Correction Is Flashing A Warning Signal
Michael T. Snyder - Seeking Alpha - Fri Dec 05, 1:49PM CST
Are we about to see U.S. stocks take a significant tumble? If you are looking for a "canary in the coal mine" for the U.S. stock market, just look at high yield bonds. In recent years, almost every single time junk bonds have declined...
JNK: 37.63 (-0.45), HYG: 87.25 (-1.20), SJB: 28.92 (+0.30), XOVR: 25.90 (unch), QLTC: 48.77 (+0.01), ANGL: 26.56 (-0.25), UJB: 53.91 (-1.28), HYLS: 49.19 (-0.52), HYLD: 40.72 (-0.68)
Junk Bonds: Go Active, Or Don't Go At All
Morningstar - Seeking Alpha - Thu Dec 04, 9:02AM CST
By Samuel Lee The way most investors think about high-yield bonds goes something like this: I'm retired and want to earn a steady stream of income while preserving principal. Because Treasury yields are so low, I'll own high-yield bonds. This way...
JNK: 37.63 (-0.45), HYG: 87.25 (-1.20), SJB: 28.92 (+0.30), XOVR: 25.90 (unch), QLTC: 48.77 (+0.01), ANGL: 26.56 (-0.25), UJB: 53.91 (-1.28), HYLS: 49.19 (-0.52), HYLD: 40.72 (-0.68)
Energy rout roughs up high-yield complex
Seeking Alpha - at Seeking Alpha - Wed Dec 03, 1:01PM CST
JNK: 37.63 (-0.45), HYG: 87.25 (-1.20), SJB: 28.92 (+0.30), XOVR: 25.90 (unch), QLTC: 48.77 (+0.01), ANGL: 26.56 (-0.25), UJB: 53.91 (-1.28), HYLS: 49.19 (-0.52), HYLD: 40.72 (-0.68)
U.S. corporate bond sales break annual record
Seeking Alpha - at Seeking Alpha - Tue Dec 02, 4:09AM CST
SLQD: 50.27 (+0.02), SHYG: 47.42 (-0.51), SJNK: 28.72 (-0.06), SCPB: 30.59 (-0.03), VCSH: 79.94 (+0.11), HYGH: 91.46 (-0.54), HYND: 21.19 (-0.22), IBCE: 96.40 (-1.04), FCOR: 50.40 (+0.33), XOVR: 25.90 (unch), BSCK: 21.14 (+0.04), BSCH: 22.71 (-0.02), BSCI: 21.17 (+0.03), BSCF: 21.69 (unch), BSCG: 22.16 (+0.01), TYTE: 39.72 (-0.53), CSJ: 105.16 (+0.04), BSCE: 21.13 (+0.02), WYDE: 39.87 (+0.31), BSJK: 24.78 (-0.17), VCLT: 91.88 (+0.67), BSJI: 25.66 (-0.08), BSJJ: 24.66 (-0.13), BSJH: 25.85 (-0.26), BSJG: 25.83 (-0.22), IGHG: 76.71 (-0.34), BSJF: 25.90 (-0.17), BSJE: 26.19 (+0.01), THHY: 23.82 (-0.32), CBND: 32.31 (unch), MDT: 72.52 (-1.25), VCIT: 86.72 (+0.63), ANGL: 26.56 (-0.25), HYLD: 40.72 (-0.68), UJB: 53.91 (-1.28), COBO: 100.75 (+0.44), JNK: 37.63 (-0.45), SJB: 28.92 (+0.30), HYS: 100.08 (-0.50), QLTC: 48.77 (+0.01), CLY: 61.15 (+0.36), LWC: 41.26 (+0.29), QLTA: 51.90 (+0.26), HYLS: 49.19 (-0.52), CRED: 111.53 (+0.31), HYG: 87.25 (-1.20), ITR: 34.33 (+0.16), HYZD: 23.36 (-0.13), HYHG: 71.53 (-0.96), LQD: 119.05 (+0.19), CORP: 102.94 (+0.35), CIU: 109.58 (+0.27), IGS: 28.76 (-0.62)
Ferro: High-yield energy credit crisis may be coming at worst possible time
Seeking Alpha - at Seeking Alpha - Mon Dec 01, 6:55PM CST
JNK: 37.63 (-0.45), HYG: 87.25 (-1.20), SJB: 28.92 (+0.30), XOVR: 25.90 (unch), QLTC: 48.77 (+0.01), WYDE: 39.87 (+0.31), TYTE: 39.72 (-0.53), ANGL: 26.56 (-0.25), UJB: 53.91 (-1.28), HYLS: 49.19 (-0.52), HYLD: 40.72 (-0.68)
Guess What Happened The Last Time The Price Of Oil Crashed Like This?
Michael T. Snyder - Seeking Alpha - Mon Dec 01, 5:05AM CST
There has only been one other time in history when the price of oil has crashed by more than 40 dollars in less than 6 months. The last time this happened was during the second half of 2008 , and the beginning of that oil price crash preceded the...
USO: 21.93 (-0.75), HYG: 87.25 (-1.20), UCO: 12.11 (-0.81), OLO: 8.55 (+0.05), DTO: 73.74 (+3.51), BNO: 24.20 (-0.78), UWTI: 6.26 (-0.72), ANGL: 26.56 (-0.25), UJB: 53.91 (-1.28), HYLD: 40.72 (-0.68), SCO: 68.03 (+4.02), CRUD: 28.44 (-0.77), JNK: 37.63 (-0.45), SJB: 28.92 (+0.30), SZO: 57.94 (+1.65), XOVR: 25.90 (unch), DNO: 50.63 (+0.58), DBO: 17.03 (-0.58), OIL: 13.71 (-0.48), QLTC: 48.77 (+0.01), OLEM: 26.90 (-1.09), HYLS: 49.19 (-0.52), DWTI: 99.11 (+8.53), USL: 28.18 (-0.90)
In Energy Revolution, Bond Investors Must Keep Their Heads
AllianceBernstein - at Seeking Alpha - Tue Nov 25, 12:19AM CST
By Ivan Rudolph-Shabinsky and Petter Stensland A surge in capital expenditures and leverage in the energy industry could end badly for some companies and their creditors. While select opportunities exist, we think bond investors should think...
JNK: 37.63 (-0.45), HYG: 87.25 (-1.20), SJB: 28.92 (+0.30), XOVR: 25.90 (unch), QLTC: 48.77 (+0.01), ANGL: 26.56 (-0.25), UJB: 53.91 (-1.28), HYLS: 49.19 (-0.52), HYLD: 40.72 (-0.68)
First Trust Advisors L.P. Announces Distributions for Exchange-Traded Funds
Business Wire - Thu Nov 20, 3:32PM CST
First Trust Advisors L.P. ("FTA"
announces the declaration of the monthly distributions for exchange-traded funds advised by FTA.
FPE: 18.96 (+0.01), FTHI: 20.28 (-0.22), FDIV: 49.43 (-0.54), FTLB: 19.93 (-0.32), FTSL: 48.46 (-0.12), MDIV: 21.07 (-0.24), FTSM: 60.00 (-0.01), FEMB: 49.42 (-0.52), YDIV: 19.22 (unch), HYLS: 49.19 (-0.52), FMB: 51.58 (+0.22), LMBS: 50.59 (+0.33)
Experts almost in agreement: High-yield not a good bet at these prices
Seeking Alpha - at Seeking Alpha - Thu Nov 20, 11:58AM CST
JNK: 37.63 (-0.45), HYG: 87.25 (-1.20), SJB: 28.92 (+0.30), XOVR: 25.90 (unch), QLTC: 48.77 (+0.01), WYDE: 39.87 (+0.31), TYTE: 39.72 (-0.53), ANGL: 26.56 (-0.25), UJB: 53.91 (-1.28), HYLS: 49.19 (-0.52), HYLD: 40.72 (-0.68)
Wells Fargo advises cutting back on high-yield exposure
Seeking Alpha - at Seeking Alpha - Wed Nov 19, 2:01PM CST
JNK: 37.63 (-0.45), HYG: 87.25 (-1.20), SJB: 28.92 (+0.30), XOVR: 25.90 (unch), QLTC: 48.77 (+0.01), ANGL: 26.56 (-0.25), UJB: 53.91 (-1.28), HYLS: 49.19 (-0.52), HYLD: 40.72 (-0.68)
Tinkering With The Core Bond Recipe
AllianceBernstein - Seeking Alpha - Mon Nov 17, 2:46PM CST
By Alison Martier This is the time of year when, in almost every American household, the tinkerer in the family eyes the recipe box. Certain venerable traditions will make it to the Thanksgiving table intact. A cousin or an in-law is sure to bring...
LDUR: 100.91 (-0.02), FBND: 49.98 (-0.07), BNDX: 52.86 (+0.07), PGHY: 23.49 (-0.09), ANGL: 26.56 (-0.25), HYLD: 40.72 (-0.68), UJB: 53.91 (-1.28), IHY: 23.90 (-0.59), IUSB: 100.90 (+0.16), JNK: 37.63 (-0.45), HYXU: 52.16 (-0.06), GBF: 114.11 (+0.31), SJB: 28.92 (+0.30), XOVR: 25.90 (unch), AGG: 110.56 (+0.35), QLTC: 48.77 (+0.01), HYLS: 49.19 (-0.52), DI: 49.42 (+0.83), BWX: 56.33 (+0.20), SCHZ: 52.43 (+0.13), HYG: 87.25 (-1.20), BOND: 109.15 (+0.50), VBND: 49.91 (+0.10), FWDB: 25.56 (-0.05), IJNK: 23.04 (-0.28), SAGG: 33.50 (unch), IGOV: 97.92 (+0.66), BND: 82.90 (+0.28), LAG: 58.37 (+0.21)
'$1.6 Trillion In Defaults Coming,' Legend Says
Steve Sjuggerud - at Seeking Alpha - Mon Nov 17, 2:24PM CST
Martin Fridson is -- without question -- the biggest name in his field. (He has been for decades.) Right now, he's extremely concerned... Last week, he shared his big concerns at our investment conference in the Dominican Republic. Fridson rules the...
HYG: 87.25 (-1.20), SHYG: 47.42 (-0.51), HYZD: 23.36 (-0.13), SJNK: 28.72 (-0.06), IJNK: 23.04 (-0.28), PGHY: 23.49 (-0.09), HYHG: 71.53 (-0.96), ANGL: 26.56 (-0.25), HYLD: 40.72 (-0.68), UJB: 53.91 (-1.28), IHY: 23.90 (-0.59), HYND: 21.19 (-0.22), HYGH: 91.46 (-0.54), HYXU: 52.16 (-0.06), JNK: 37.63 (-0.45), SJB: 28.92 (+0.30), THHY: 23.82 (-0.32), XOVR: 25.90 (unch), HYS: 100.08 (-0.50), QLTC: 48.77 (+0.01), HYLS: 49.19 (-0.52)
You Are Using HYG And JNK All Wrong, Here Is What To Do About It
The Macro Trader - Seeking Alpha - Sat Nov 15, 11:35AM CST
Historically junk bonds, also known as high yield bonds, correlate quite well with equities. In fact we have built timing systems that use junk bonds as a trend confirmation indicator that have done quite well from a historical perspective. Because...
JNK: 37.63 (-0.45), HYG: 87.25 (-1.20), IEI: 123.04 (+0.51), SJB: 28.92 (+0.30), SPY: 200.89 (-3.30), IEF: 107.01 (+0.87), XOVR: 25.90 (unch), QLTC: 48.77 (+0.01), ANGL: 26.56 (-0.25), UJB: 53.91 (-1.28), HYLS: 49.19 (-0.52), HYLD: 40.72 (-0.68), TLT: 126.30 (+1.69)
'Risk On' For Now
Scott Minerd - Seeking Alpha - Fri Nov 07, 5:34PM CST
U.S. economic data remain strong with the third quarter's 3.5 percent GDP growth signaling that the economy is doing pretty well across the spectrum. Net exports were strong, unemployment has fallen much faster than expected, and consumer confidence...
HYG: 87.25 (-1.20), ANGL: 26.56 (-0.25), HYLD: 40.72 (-0.68), UJB: 53.91 (-1.28), UUP: 23.43 (-0.08), JNK: 37.63 (-0.45), SPY: 200.89 (-3.30), SJB: 28.92 (+0.30), QQQ: 102.67 (-1.13), XOVR: 25.90 (unch), DIA: 173.00 (-3.03), QLTC: 48.77 (+0.01), IWM: 114.71 (-1.41), UDN: 24.37 (+0.10), HYLS: 49.19 (-0.52)
High-Quality Bond Yields' Divergence
ValueWalk - Seeking Alpha - Thu Nov 06, 4:12PM CST
By LPL Financial High-yield bonds bounced back after a weak start to October 2014, but underperformed their stock counterparts. High-yield bonds typically lag stocks in a rising market, but while stocks made new highs for the year, high-yield...
JNK: 37.63 (-0.45), HYG: 87.25 (-1.20), SJB: 28.92 (+0.30), IYLD: 25.63 (-0.17), MDIV: 21.07 (-0.24), XOVR: 25.90 (unch), DVHL: 22.87 (-0.55), QLTC: 48.77 (+0.01), ANGL: 26.56 (-0.25), UJB: 53.91 (-1.28), HYLS: 49.19 (-0.52), HYLD: 40.72 (-0.68), DVHI: 25.30 (-0.04), CVY: 22.05 (-0.39)
Red Sky In The Morn', Junk Bond Investors Be Warn'd
Saturna Capital - Seeking Alpha - Tue Oct 28, 7:47AM CDT
[Originally published June, 2014] By Bryce Fegley, Tactician, Investment Analyst, and Portfolio Manager Sextant Global High Income Fund Investor appetite for income has pushed yields and spreads on high-yield bonds to very low levels, while...
JNK: 37.63 (-0.45), HYG: 87.25 (-1.20), SJB: 28.92 (+0.30), XOVR: 25.90 (unch), QLTC: 48.77 (+0.01), ANGL: 26.56 (-0.25), UJB: 53.91 (-1.28), HYLS: 49.19 (-0.52), HYLD: 40.72 (-0.68)
Moody's: High-yield default rate to stay low
Seeking Alpha - at Seeking Alpha - Thu Oct 23, 2:03PM CDT
JNK: 37.63 (-0.45), HYG: 87.25 (-1.20), SJB: 28.92 (+0.30), XOVR: 25.90 (unch), QLTC: 48.77 (+0.01), ANGL: 26.56 (-0.25), UJB: 53.91 (-1.28), HYLS: 49.19 (-0.52), HYLD: 40.72 (-0.68)
Swap Spreads Say Junk Bonds Look Attractive
Calafia Beach Pundit - at Seeking Alpha - Fri Dec 12, 9:36PM CST
High-yield debt (aka junk bonds) has suffered almost a 10% drop in value since oil prices started to collapse last June. But 2-yr swap spreads have only increased about 10 bps over that same period, and are currently trading in "benign"...
JNK: 37.63 (-0.45), HYG: 87.25 (-1.20), SJB: 28.92 (+0.30), XOVR: 25.90 (unch), QLTC: 48.77 (+0.01), ANGL: 26.56 (-0.25), UJB: 53.91 (-1.28), HYLS: 49.19 (-0.52), HYLD: 40.72 (-0.68), UAL: 64.10 (-1.70)
Duck And Cover-- The Lull Is Breaking, The Storm Is Nigh
David Stockman - Seeking Alpha - Thu Dec 11, 11:40AM CST
September 15, 2008 is the day that Lehman died and the moment that the world’s central banks led by the Fed went all-in. As it has turned out, that was an epochal leap into the most dangerous monetary deformation that the world has ever known. ...
SPUU: 133.25 (-4.04), ANGL: 26.56 (-0.25), UJB: 53.91 (-1.28), HYLD: 40.72 (-0.68), SPLX: 29.28 (-1.09), SPXU: 41.74 (+1.85), JNK: 37.63 (-0.45), UPRO: 122.50 (-6.11), SPY: 200.89 (-3.30), EPS: 70.28 (-0.82), SJB: 28.92 (+0.30), XOVR: 25.90 (unch), QLTC: 48.77 (+0.01), SPXL: 80.98 (-4.14), HYLS: 49.19 (-0.52), HYG: 87.25 (-1.20), RWL: 39.45 (-0.56), SFLA: 177.67 (+3.02), RSP: 77.76 (-1.23), SH: 22.47 (+0.38), SSO: 121.69 (-3.95), IVV: 202.25 (-3.29), BXUC: 299.86 (unch), VOO: 184.21 (-3.04), TAPR: 34.50 (-2.10), SDS: 23.40 (+0.69), BXUB: 201.74 (unch), PLW: 33.13 (+0.33), GOVT: 25.29 (+0.10)
Energy drags down high-yield bonds
Seeking Alpha - at Seeking Alpha - Tue Dec 09, 2:51PM CST
HYG: 87.25 (-1.20), SHYG: 47.42 (-0.51), HYZD: 23.36 (-0.13), SJNK: 28.72 (-0.06), BSJM: 23.93 (-0.27), HYHG: 71.53 (-0.96), ANGL: 26.56 (-0.25), BSJK: 24.78 (-0.17), UJB: 53.91 (-1.28), HYLD: 40.72 (-0.68), BSJL: 23.97 (-0.24), BSJI: 25.66 (-0.08), HYND: 21.19 (-0.22), HYGH: 91.46 (-0.54), BSJJ: 24.66 (-0.13), BSJH: 25.85 (-0.26), JNK: 37.63 (-0.45), BSJG: 25.83 (-0.22), BSJF: 25.90 (-0.17), SJB: 28.92 (+0.30), BSJE: 26.19 (+0.01), THHY: 23.82 (-0.32), XOVR: 25.90 (unch), HYS: 100.08 (-0.50), QLTC: 48.77 (+0.01), HYLS: 49.19 (-0.52)
Indicator That Precedes Almost Every Stock Market Correction Is Flashing A Warning Signal
Michael T. Snyder - Seeking Alpha - Fri Dec 05, 1:49PM CST
Are we about to see U.S. stocks take a significant tumble? If you are looking for a "canary in the coal mine" for the U.S. stock market, just look at high yield bonds. In recent years, almost every single time junk bonds have declined...
JNK: 37.63 (-0.45), HYG: 87.25 (-1.20), SJB: 28.92 (+0.30), XOVR: 25.90 (unch), QLTC: 48.77 (+0.01), ANGL: 26.56 (-0.25), UJB: 53.91 (-1.28), HYLS: 49.19 (-0.52), HYLD: 40.72 (-0.68)
Junk Bonds: Go Active, Or Don't Go At All
Morningstar - Seeking Alpha - Thu Dec 04, 9:02AM CST
By Samuel Lee The way most investors think about high-yield bonds goes something like this: I'm retired and want to earn a steady stream of income while preserving principal. Because Treasury yields are so low, I'll own high-yield bonds. This way...
JNK: 37.63 (-0.45), HYG: 87.25 (-1.20), SJB: 28.92 (+0.30), XOVR: 25.90 (unch), QLTC: 48.77 (+0.01), ANGL: 26.56 (-0.25), UJB: 53.91 (-1.28), HYLS: 49.19 (-0.52), HYLD: 40.72 (-0.68)
Energy rout roughs up high-yield complex
Seeking Alpha - at Seeking Alpha - Wed Dec 03, 1:01PM CST
JNK: 37.63 (-0.45), HYG: 87.25 (-1.20), SJB: 28.92 (+0.30), XOVR: 25.90 (unch), QLTC: 48.77 (+0.01), ANGL: 26.56 (-0.25), UJB: 53.91 (-1.28), HYLS: 49.19 (-0.52), HYLD: 40.72 (-0.68)
U.S. corporate bond sales break annual record
Seeking Alpha - at Seeking Alpha - Tue Dec 02, 4:09AM CST
SLQD: 50.27 (+0.02), SHYG: 47.42 (-0.51), SJNK: 28.72 (-0.06), SCPB: 30.59 (-0.03), VCSH: 79.94 (+0.11), HYGH: 91.46 (-0.54), HYND: 21.19 (-0.22), IBCE: 96.40 (-1.04), FCOR: 50.40 (+0.33), XOVR: 25.90 (unch), BSCK: 21.14 (+0.04), BSCH: 22.71 (-0.02), BSCI: 21.17 (+0.03), BSCF: 21.69 (unch), BSCG: 22.16 (+0.01), TYTE: 39.72 (-0.53), CSJ: 105.16 (+0.04), BSCE: 21.13 (+0.02), WYDE: 39.87 (+0.31), BSJK: 24.78 (-0.17), VCLT: 91.88 (+0.67), BSJI: 25.66 (-0.08), BSJJ: 24.66 (-0.13), BSJH: 25.85 (-0.26), BSJG: 25.83 (-0.22), IGHG: 76.71 (-0.34), BSJF: 25.90 (-0.17), BSJE: 26.19 (+0.01), THHY: 23.82 (-0.32), CBND: 32.31 (unch), MDT: 72.52 (-1.25), VCIT: 86.72 (+0.63), ANGL: 26.56 (-0.25), HYLD: 40.72 (-0.68), UJB: 53.91 (-1.28), COBO: 100.75 (+0.44), JNK: 37.63 (-0.45), SJB: 28.92 (+0.30), HYS: 100.08 (-0.50), QLTC: 48.77 (+0.01), CLY: 61.15 (+0.36), LWC: 41.26 (+0.29), QLTA: 51.90 (+0.26), HYLS: 49.19 (-0.52), CRED: 111.53 (+0.31), HYG: 87.25 (-1.20), ITR: 34.33 (+0.16), HYZD: 23.36 (-0.13), HYHG: 71.53 (-0.96), LQD: 119.05 (+0.19), CORP: 102.94 (+0.35), CIU: 109.58 (+0.27), IGS: 28.76 (-0.62)
Ferro: High-yield energy credit crisis may be coming at worst possible time
Seeking Alpha - at Seeking Alpha - Mon Dec 01, 6:55PM CST
JNK: 37.63 (-0.45), HYG: 87.25 (-1.20), SJB: 28.92 (+0.30), XOVR: 25.90 (unch), QLTC: 48.77 (+0.01), WYDE: 39.87 (+0.31), TYTE: 39.72 (-0.53), ANGL: 26.56 (-0.25), UJB: 53.91 (-1.28), HYLS: 49.19 (-0.52), HYLD: 40.72 (-0.68)
Guess What Happened The Last Time The Price Of Oil Crashed Like This?
Michael T. Snyder - Seeking Alpha - Mon Dec 01, 5:05AM CST
There has only been one other time in history when the price of oil has crashed by more than 40 dollars in less than 6 months. The last time this happened was during the second half of 2008 , and the beginning of that oil price crash preceded the...
USO: 21.93 (-0.75), HYG: 87.25 (-1.20), UCO: 12.11 (-0.81), OLO: 8.55 (+0.05), DTO: 73.74 (+3.51), BNO: 24.20 (-0.78), UWTI: 6.26 (-0.72), ANGL: 26.56 (-0.25), UJB: 53.91 (-1.28), HYLD: 40.72 (-0.68), SCO: 68.03 (+4.02), CRUD: 28.44 (-0.77), JNK: 37.63 (-0.45), SJB: 28.92 (+0.30), SZO: 57.94 (+1.65), XOVR: 25.90 (unch), DNO: 50.63 (+0.58), DBO: 17.03 (-0.58), OIL: 13.71 (-0.48), QLTC: 48.77 (+0.01), OLEM: 26.90 (-1.09), HYLS: 49.19 (-0.52), DWTI: 99.11 (+8.53), USL: 28.18 (-0.90)
In Energy Revolution, Bond Investors Must Keep Their Heads
AllianceBernstein - at Seeking Alpha - Tue Nov 25, 12:19AM CST
By Ivan Rudolph-Shabinsky and Petter Stensland A surge in capital expenditures and leverage in the energy industry could end badly for some companies and their creditors. While select opportunities exist, we think bond investors should think...
JNK: 37.63 (-0.45), HYG: 87.25 (-1.20), SJB: 28.92 (+0.30), XOVR: 25.90 (unch), QLTC: 48.77 (+0.01), ANGL: 26.56 (-0.25), UJB: 53.91 (-1.28), HYLS: 49.19 (-0.52), HYLD: 40.72 (-0.68)
First Trust Advisors L.P. Announces Distributions for Exchange-Traded Funds
Business Wire - Thu Nov 20, 3:32PM CST
First Trust Advisors L.P. ("FTA"
announces the declaration of the monthly distributions for exchange-traded funds advised by FTA. FPE: 18.96 (+0.01), FTHI: 20.28 (-0.22), FDIV: 49.43 (-0.54), FTLB: 19.93 (-0.32), FTSL: 48.46 (-0.12), MDIV: 21.07 (-0.24), FTSM: 60.00 (-0.01), FEMB: 49.42 (-0.52), YDIV: 19.22 (unch), HYLS: 49.19 (-0.52), FMB: 51.58 (+0.22), LMBS: 50.59 (+0.33)
Experts almost in agreement: High-yield not a good bet at these prices
Seeking Alpha - at Seeking Alpha - Thu Nov 20, 11:58AM CST
JNK: 37.63 (-0.45), HYG: 87.25 (-1.20), SJB: 28.92 (+0.30), XOVR: 25.90 (unch), QLTC: 48.77 (+0.01), WYDE: 39.87 (+0.31), TYTE: 39.72 (-0.53), ANGL: 26.56 (-0.25), UJB: 53.91 (-1.28), HYLS: 49.19 (-0.52), HYLD: 40.72 (-0.68)
Wells Fargo advises cutting back on high-yield exposure
Seeking Alpha - at Seeking Alpha - Wed Nov 19, 2:01PM CST
JNK: 37.63 (-0.45), HYG: 87.25 (-1.20), SJB: 28.92 (+0.30), XOVR: 25.90 (unch), QLTC: 48.77 (+0.01), ANGL: 26.56 (-0.25), UJB: 53.91 (-1.28), HYLS: 49.19 (-0.52), HYLD: 40.72 (-0.68)
Tinkering With The Core Bond Recipe
AllianceBernstein - Seeking Alpha - Mon Nov 17, 2:46PM CST
By Alison Martier This is the time of year when, in almost every American household, the tinkerer in the family eyes the recipe box. Certain venerable traditions will make it to the Thanksgiving table intact. A cousin or an in-law is sure to bring...
LDUR: 100.91 (-0.02), FBND: 49.98 (-0.07), BNDX: 52.86 (+0.07), PGHY: 23.49 (-0.09), ANGL: 26.56 (-0.25), HYLD: 40.72 (-0.68), UJB: 53.91 (-1.28), IHY: 23.90 (-0.59), IUSB: 100.90 (+0.16), JNK: 37.63 (-0.45), HYXU: 52.16 (-0.06), GBF: 114.11 (+0.31), SJB: 28.92 (+0.30), XOVR: 25.90 (unch), AGG: 110.56 (+0.35), QLTC: 48.77 (+0.01), HYLS: 49.19 (-0.52), DI: 49.42 (+0.83), BWX: 56.33 (+0.20), SCHZ: 52.43 (+0.13), HYG: 87.25 (-1.20), BOND: 109.15 (+0.50), VBND: 49.91 (+0.10), FWDB: 25.56 (-0.05), IJNK: 23.04 (-0.28), SAGG: 33.50 (unch), IGOV: 97.92 (+0.66), BND: 82.90 (+0.28), LAG: 58.37 (+0.21)
'$1.6 Trillion In Defaults Coming,' Legend Says
Steve Sjuggerud - at Seeking Alpha - Mon Nov 17, 2:24PM CST
Martin Fridson is -- without question -- the biggest name in his field. (He has been for decades.) Right now, he's extremely concerned... Last week, he shared his big concerns at our investment conference in the Dominican Republic. Fridson rules the...
HYG: 87.25 (-1.20), SHYG: 47.42 (-0.51), HYZD: 23.36 (-0.13), SJNK: 28.72 (-0.06), IJNK: 23.04 (-0.28), PGHY: 23.49 (-0.09), HYHG: 71.53 (-0.96), ANGL: 26.56 (-0.25), HYLD: 40.72 (-0.68), UJB: 53.91 (-1.28), IHY: 23.90 (-0.59), HYND: 21.19 (-0.22), HYGH: 91.46 (-0.54), HYXU: 52.16 (-0.06), JNK: 37.63 (-0.45), SJB: 28.92 (+0.30), THHY: 23.82 (-0.32), XOVR: 25.90 (unch), HYS: 100.08 (-0.50), QLTC: 48.77 (+0.01), HYLS: 49.19 (-0.52)
You Are Using HYG And JNK All Wrong, Here Is What To Do About It
The Macro Trader - Seeking Alpha - Sat Nov 15, 11:35AM CST
Historically junk bonds, also known as high yield bonds, correlate quite well with equities. In fact we have built timing systems that use junk bonds as a trend confirmation indicator that have done quite well from a historical perspective. Because...
JNK: 37.63 (-0.45), HYG: 87.25 (-1.20), IEI: 123.04 (+0.51), SJB: 28.92 (+0.30), SPY: 200.89 (-3.30), IEF: 107.01 (+0.87), XOVR: 25.90 (unch), QLTC: 48.77 (+0.01), ANGL: 26.56 (-0.25), UJB: 53.91 (-1.28), HYLS: 49.19 (-0.52), HYLD: 40.72 (-0.68), TLT: 126.30 (+1.69)
'Risk On' For Now
Scott Minerd - Seeking Alpha - Fri Nov 07, 5:34PM CST
U.S. economic data remain strong with the third quarter's 3.5 percent GDP growth signaling that the economy is doing pretty well across the spectrum. Net exports were strong, unemployment has fallen much faster than expected, and consumer confidence...
HYG: 87.25 (-1.20), ANGL: 26.56 (-0.25), HYLD: 40.72 (-0.68), UJB: 53.91 (-1.28), UUP: 23.43 (-0.08), JNK: 37.63 (-0.45), SPY: 200.89 (-3.30), SJB: 28.92 (+0.30), QQQ: 102.67 (-1.13), XOVR: 25.90 (unch), DIA: 173.00 (-3.03), QLTC: 48.77 (+0.01), IWM: 114.71 (-1.41), UDN: 24.37 (+0.10), HYLS: 49.19 (-0.52)
High-Quality Bond Yields' Divergence
ValueWalk - Seeking Alpha - Thu Nov 06, 4:12PM CST
By LPL Financial High-yield bonds bounced back after a weak start to October 2014, but underperformed their stock counterparts. High-yield bonds typically lag stocks in a rising market, but while stocks made new highs for the year, high-yield...
JNK: 37.63 (-0.45), HYG: 87.25 (-1.20), SJB: 28.92 (+0.30), IYLD: 25.63 (-0.17), MDIV: 21.07 (-0.24), XOVR: 25.90 (unch), DVHL: 22.87 (-0.55), QLTC: 48.77 (+0.01), ANGL: 26.56 (-0.25), UJB: 53.91 (-1.28), HYLS: 49.19 (-0.52), HYLD: 40.72 (-0.68), DVHI: 25.30 (-0.04), CVY: 22.05 (-0.39)
Red Sky In The Morn', Junk Bond Investors Be Warn'd
Saturna Capital - Seeking Alpha - Tue Oct 28, 7:47AM CDT
[Originally published June, 2014] By Bryce Fegley, Tactician, Investment Analyst, and Portfolio Manager Sextant Global High Income Fund Investor appetite for income has pushed yields and spreads on high-yield bonds to very low levels, while...
JNK: 37.63 (-0.45), HYG: 87.25 (-1.20), SJB: 28.92 (+0.30), XOVR: 25.90 (unch), QLTC: 48.77 (+0.01), ANGL: 26.56 (-0.25), UJB: 53.91 (-1.28), HYLS: 49.19 (-0.52), HYLD: 40.72 (-0.68)
Moody's: High-yield default rate to stay low
Seeking Alpha - at Seeking Alpha - Thu Oct 23, 2:03PM CDT
JNK: 37.63 (-0.45), HYG: 87.25 (-1.20), SJB: 28.92 (+0.30), XOVR: 25.90 (unch), QLTC: 48.77 (+0.01), ANGL: 26.56 (-0.25), UJB: 53.91 (-1.28), HYLS: 49.19 (-0.52), HYLD: 40.72 (-0.68)
