If the yield curve reverses and investors are willing to accept lower rates on long-term debt than short-term, it bodes ill for the economy, says John Stepek.
The yield on a widely watched index of European junk bonds has hit record lows (reflecting soaring prices), slipping below the dividend yield on the MSCI Europe equity index.
Junk-bond yields are falling to record lows, reflecting rising prices, as investors indulge in a desperate search for yield.
Investors are pulling money out of junk bond funds and US companies are scrapping new issues. John Stepek looks at what’s rattled the market.
Oliver Butt sets out three bonds that offer both a high return for big spenders.
In the past year we’ve seen a steady rise in quality mini-bonds, says David C Stevenson, as reputable alternative asset managers move in with asset-backed propositions.
The latest profit warning from Provident Financial looks like an almighty mess, but its retail bonds may have fallen further than is justified.
This social housing bond could be a good place to park your money if capital preservation is of primary importance, says Oliver Butt.
The Family Building Society is offering a new fixed-rate “Brexit Bond”. But it’s best to steer clear, says Ruth Jackson.
Yields on high-yield bonds have fallen so far in Europe that they are lower than the dividend yield available on equities.
Oliver Butt explains why a new retail bond from Burford Capital is an attractive opportunity.