junk bonds

Alternative credit expert Reckoner Capital Management on July 9 introduced the Reckoner Leveraged AAA CLO ETF (NYSE:RAAA), the industry’s first ETF providing leveraged exposure to AAA-rated collateralized loan obligations (CLOs). The fund seeks to provide increased yields by matching high-...

While President Donald Trump ramps up his global tariff campaign, sending warning letters to 14 countries, the U.S. junk bond market is behaving as if none of it matters. High-yield credit spreads—a closely watched barometer of risk in lower-quality corporate debt—have dropped to 286 basis points...

In a still-uncertain interest rate environment and ongoing credit worries, F/m Investments launched a new high-yield bond ETF that seeks to put stability ahead of stretch. The F/m High Yield 100 ETF (NASDAQ:ZTOP), which started with $50 million in seed capital, seeks to avoid some of the risks...

A prolonged period of unusually low junk bond spreads could be setting the stage for a dramatic market reversal, according to this economist, who sees eerie similarities to the pre-crisis conditions of May 2007. What Happened: The credit spreads of high-yield or junk corporate bonds have remained...

The riskiest segments of the corporate fixed income market are experiencing a massive influx of investor capital in recent weeks as traders bet the Federal Reserve will cut interest rates at its September meeting and continue with a swift rate-cut cycle. U.S. corporate bonds rated CCC or lower —...

Benzinga takes a look back at a notable market-related moment that happened on this date. What Happened In 1990, the parent company of investment bank and junk bond firm Drexel Burnham Lambert filed for Chapter 11 bankruptcy protection. Where Was The Market The Dow Jones Industrial Average closed...

Tesla, Inc.'s (NASDAQ: TSLA) credit rating is below investment grade, which, in other words, is referred to as junk or non-investible. A Twitter user shared a screenshot of the summary of ratings of large-cap companies by both Moody's and S&P. The former has a Ba1 rating for Tesla...

When many fixed income investors think of high-yield bonds, they think of corporates issued by American companies. Over the past six years, approximately half the world's junk-rated debt has been issued in China. What Happened Dollar investors looking to diversify high-yield bond holdings while...

After a fairly strong start to 2019, the high-yield bond market has struggled so far in March. CCC-rated “junk” bonds declined for three consecutive days in early March for the first time this year, and Lipper recently reported U.S. retail investors withdrew $1.9 billion from high-yield...

One of the first fixed income exchange traded funds to come to market on 2018 is Deutsche Asset Management's Xtrackers Short Duration High Yield Bond ETF (NYSE: SHYL), a lower duration spin on high-yield corporate debt. Deutsche Asset Management's latest ETF tracks the Solactive USD High...

It is often said that the smart beta phenomenon has not earnestly made its way to the world of fixed-income exchange-traded funds. While that is true to an extent, there are some smart beta bond ETFs that have lengthy track records. Consider the PowerShares Fundamental High Yield Corporate Bond...

High-yield corporate bonds are often of as vulnerable to rising interest rates, but some exchange-traded funds can help investors maintain junk bond exposure in the face of higher U.S. borrowing costs. The WisdomTree Interest Rate Hedged High Yield Bond Fund (NYSE: HYZD) can help investors mitigate...

The Federal Reserve's plans for interest rates will remain front and center for fixed income investors this year, but that does not mean high-yield corporate bond exchange-traded funds should be ignored by income investors. Even as global corporate defaults surged last year, investors poured...

JPMorgan Chase & Co. (NYSE: JPM)'s J.P. Morgan Asset Management unit added its second new exchange-traded fund this week with the debut of the firm's first fixed income ETF on Thursday. The JPMorgan Disciplined High Yield ETF (NYSE: JPHY) is actively managed. JPHY holds only dollar-...

The iShares iBoxx $ High Yid Corp Bond (ETF) (NYSE: HYG) and the SPDR Barclays Capital High Yield Bnd ETF (NYSE: JNK) are the two largest high-yield corporate bond exchange-traded funds by assets and are currently home to nearly $29 billion in combined assets under management. While that is an...