Search Results for: high yield

High Yield Volatility High yield volatility is likely to remain elevated from economic weakness. Image: Morgan Stanley Research

U.S. High Yield Spreads vs. IG Spreads and Large Cap Growth Relative to Small Cap Value This chart suggests that new highs in stocks need high yield outperformance and sustained rotation from large cap growth to small cap value. Image: BofA Global Investment Strategy

S&P 500 vs. U.S. High Yield/High Grade and Large Cap Growth to Small Cap Value Charts suggesting that new highs in stocks need high yield outperformance and sustained rotation from large cap growth to small cap value. Image: BofA Global Investment Strategy

U.S. High Yield Default Rate This chart suggests that U.S. high yield default rate could rise to 10% by year-end. Image: Oxford Economics

U.S. High Yield vs. S&P 500 and Time to Recover After Major Market Crashes Historically, credit has recovered faster than equity after major market crashes. Image: BofA Research Investment Committee

U.S. High Yield High yield credit spreads are currently moving in the right direction. Image: Fidelity Investments

High Yield Spreads – Implied Default Ratio vs. Moody’s Forecast High-yield spreads suggest a severe recession similar to the global financial crisis. Default ratio at 16.1% (12m). Image: Swedbank Research

Energy and Exploration & Production as Proportion of High Yield Is a market carnage coming? Energy accounts for a significant portion of the U.S. high-yield market, with a share of about 14%. Image: Deutsche Bank

High Yield Spread to Worst Is the panic over for high-yield bond investors, as global coronavirus fears intensify? Image: J.P. Morgan

Duration in Investment Grade and High Yield Corporate Bond Indices While yields on junk bonds are at record lows, average durations have been shortening for HY bonds and increasing for IG bonds since the 2000’s. Image: Deutsche Bank Global Research