ISTANBUL, Nov 21- Rating agency Standard& Poor's said on Friday it expected Turkey's current account deficit, its main economic weakness, to remain close to 5.3 percent of output until 2017, with falling oil prices helping the economy to rebalance. The agency, which affirmed its unsolicited BB+ rating, one notch below investment grade, said it saw elevated policy...» Read More
LONDON, Sept 18- Investors are starting to price the risk of Russia's credit rating falling to junk if Western sanctions and Moscow's response plunge the economy into recession and deplete its $450 billion reserves. Moody's, which rates Russia Baa1 or three notches above junk, said this week that the latest sanctions were credit negative.
CNBC's Jeff Cox, and Michael Kastner, Halyard Asset Management, discuss why retail investors are steering clear of junk bonds while institutional money is buying.
Corporate Asia has taken advantage of ultra-low interest rates, loading up on debt, but with rates set to rise, there may be risks ahead.
Junk bonds remain a solid investment for the time being, BlackRock's Jim Keenan says.
Jeff Rosenberg, BlackRock chief investment strategist for fixed income, discusses investing in Treasurys versus stocks and weighs in on the junk bonds selloff.
Wall Street is dipping back in to the junk bond market after the rout in high-yield corporates resulted in record outflows just a week ago.
NEW YORK, Aug 8- Investors worldwide pulled a record $11.4 billion out of high-yield junk bond funds and bailed out of stock funds at the most frantic pace in six months in the week ended Aug. 6, data from a Bank of America Merrill Lynch Global Research report showed on Friday.
*Areva's BBB- long term rating just one notch above junk. *Areva earnings guidance not in line with S&P assumptions. PARIS, Aug 7- French nuclear group Areva could find its investment grade credit rating under threat after warning of lower sales last week, which upset the assumptions of the only agency that rates its debt.
CNBC's Kate Kelly reports the fall in junk bonds is raising questions about the health of equities.
NEW YORK, Aug 4- Wall Street banks have found a U.S. review of their junk-rated loans to have yielded similar results to last year, easing some concern among bankers about a crackdown on one of their most lucrative businesses.
Declining credit standards among bond issuers may be worrying, but the papers' buyers, especially ETFs, may also pose risks if liquidity dries up.
Stocks could see a continued selloff, O'Neil Securities' Kenny Polcari says. But the shift is more about repositioning, says Citigroup's Suni Hartford.
Ultra-low rates have spurred investors to chase yield in ever riskier corners of the bond market, but some are starting to pull out of the race.
Speculative-grade debt was shunned by investors last week with new data showing that high-yield bond funds saw their largest outflows for over a year.
NEW YORK, July 25- Puerto Rico's worsening debt crisis is pushing the managers of some municipal junk bond exchange-traded funds to ditch their mandate for passive management.
Despite dire predictions that China faced a slew of defaults, few mainland borrowers have welshed amid various stripes of government intervention.
LONDON, July 17- Investment funds focused on emerging economies or high-yield debt may be unable to return investors' money promptly if turmoil hits markets, the Bank of England's financial stability chief warned on Thursday.
Tech shares sold off Tuesday after Fed Chief Yellen said some valuations were "stretched," but similar comments on high-yield bonds got a yawn.
So far this year, bond yields have thwarted forecasts they would rise, but many analysts are sticking with their calls for a march higher.
WASHINGTON, July 11- Prices on Puerto Rico debt drifted higher on Friday and trading of the junk-rated bonds slowed, calming some of the recent market turbulence inspired by the island's troubled power authority.