Search Results for: high yield

U.S. High Yield Bonds and Leverage Loans The pace of downgrades has accelerated in the U.S. leveraged loan market, despite declining interest rates. Image: Goldman Sachs Global Investment Research

U.S. 10Y-2Y Yield Curve and U.S. High Yield Bonds Chart suggesting that high yield prices are not likely to perform well. Image: Morgan Stanley

A Widening of High Yield Credit Spreads Is Very Useful to Predict a Recession Like a yield curve inversion and real interest rates above real GDP, a widening of high yield credit spreads is very useful to predict a recession. At the present time, the bond market is not concerned about credit risk.

High Yield Credit Spread and Move Index Does higher rate credit volatility imply a widening of high-yield spreads? Image: Quill Intelligence, LLC

S&P 500 Total Return and U.S. High Yield/High Grade Usually, flight to quality in credit markets is rarely a good sign for equities, but ECB QE, Fed easing and repo operations should be positive. Image: BofA Merrill Lynch

Liquidity Premium: Investment Grade vs. High Yield Bonds The chart shows that the premium provided by illiquid IG and HY bonds has been drifting wider. Image: Goldman Sachs Global Investment Research

S&P 500 and Bloomberg Barclays U.S. Corporate High Yield Index The chart shows that the S&P 500 and high-yield bonds tend to go up and down together. Keep in mind that historically, the correlation between the S&P 500 and the Bloomberg Barclays U.S. Corporate High Yield Index is 91.7%. Image: First Pacific Advisors, LP

U.S. High Yield Credit spreads are fine. Could the market go wrong by predicting significant interest rate cuts? Image: Fidelity Investments

Global High Yield Bond Spreads Since 2017 High yield bond spreads have widened recently (difference in yields between high yield bonds and comparative government bonds). Image: BlackRock

High-Yield Bond Returns Year-to-date, Caa rated high-yield bond returns have lagged those with higher average credit ratings. Image: Charles Schwab