In a further sign of the mania gripping the bond market, Germany issued €3.15bn of zero-interest ten-year bonds last week.
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.
That bonds are so overvalued spells trouble for investors, says John Stepek. But thanks to the passive investing hype, that trouble could be about to turn into a disaster.
Professional investor Alexis Gray believes that bonds can still offer a great deal of value in a portfolio, even with interest rates so low.
Could this finally be the end of the bond bull market, after a 35-year run? If it is, get ready for a big shift in the investment landscape.
Energy companies may be in much better shape that they were, but their revival in the junk-bond market is merely inflating a massive bubble further.
Nobody buys bonds at these levels thinking they are attractive. So who is buying, asks Andrew Van Sickle.
Investment guru Bill Gross sees tough times ahead for corporate bonds.
The “new normal” of below 2% is bad news for income-orientated investors – but accept a bit of risk and there’s still money to be made, says David C Stevenson.
Investors were selling in droves last year and in early 2016. But now they’re back with a vengeance. US high-yield, or junk, bonds, the riskiest segment of the corporate credit market, are among the best-performing major assets this year.