MOSCOW, Jan 27- The decision by Standard& Poor's rating agency to cut Russia's sovereign credit rating to below investment grade was largely expected, RIA Novosti news agency cited First Deputy Central Bank Governor Ksenia Yudayeva as saying on Tuesday. "We believe that, to a large extent, this was expected," Yudayeva said. "In general, it was already taken into...» Read More
Zak Summerscale, CIO for European high yield ay Babson Capital, says that there are some "great opportunities" in the high yield market - such as buying loans from European bad banks.
The selloff in high-yield bond ETFs last week has revived fears that the sector may be headed for a bruising.
Calls for the bond market to drop this year have largely come to naught, and some analysts are now looking for gains.
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.
Despite dire predictions that China faced a slew of defaults, few mainland borrowers have welshed amid various stripes of government intervention.
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.