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.» Read More
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.
Markets have frustrated expectations for rising bond yields, but some bond managers are still antsy and are looking to protect their portfolios.
Hans Goetti, Head of Investment Asia at Banque Internationale a Luxembourg, says there may be bubbles in some bond markets like junk bonds. He also explains why the Fed is "behind the curve" on inflation.
Emerging market bonds have been hot this year, erasing price falls following last year's "taper tantrum," but some say the rally may be getting old.
Yields on high-yield bonds already don't live up to their name, but some believe they could fall further despite expectations interest rates will rise.
Some of the biggest investors have started to pull back from riskier fixed-income assets even as the Federal Reserve keeps on a green light for risk.
WASHINGTON, July 1- Moody's pushed its rating on Puerto Rico's debt deeper into junk territory on Tuesday and prices of the island's troubled electric authority's bonds plunged as investors awaited word on whether they would receive a scheduled payment on the securities.
While crying, "Bubble!" has been a cottage industry for some pundits, you can argue that high yield is starting to look, well, bubbly.
Interest rates and whether bonds are expensive may be up for debate, but some are tipping bond picks, with emerging Europe among the favorites.
While bonds' thin spreads over Treasurys have spurred concerns investors may be overpaying for yield, some analysts say low payouts may be justified.
Despite all the anticipation of money fleeing fixed income and dashing toward equities, bonds continue to get a bid.