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.» Read More
Cliff Corso, CEO & CIO of Cutwater Asset Management, provides perspective on the state of the U.S. economy, and discusses where he found value in the "bums of bonds," those sectors of the market that have been unduly beaten up.
Some of the world's most sophisticated credit investors have been ramping up their bets against junk bonds even as retail investors have been pouring money into the asset class. These investors began paring their junk-bond holdings during late 2012. The Financial Times reports.
Robert Levitt, Founder & CEO, Levitt Capital Management says bonds are the pain trade currently and that stocks will go up. He says junk bonds are the most vulnerable right now.
CNBC's David Faber reports Virgin Media is tapping the junk bond market to help fund its deal with Liberty Global.
Ira Jersey, Credit Suisse, discusses the outlook on bond rates.
Yield-chasing investors, whose hunger for income powered a long rally in Asian junk-rated bonds, are finally feeling the first symptoms of indigestion after a year-long binge.
CNBC's David Faber talks with Kyle Bass, Hayman Capital Management, about his critical view of the Japanese yen; and explains why he is now investing in subprime bonds. (9:50)
CNBC's Gary Kaminsky talks about whether or not there's a bond bubble.
"It's still too early to call a bear market in bonds," said Garth Friesen, AVM/III Associates, weighing in on the outlook on bonds after a 30-year bull run.
Jeffrey Gundlach, DoubleLine Capital CEO, provides his predictions on fixed income returns, and discusses his concerns about a credit risk bubble building.
Kevin Giddis, Morgan Keegan, explains how bonds are getting a boost from heightening fiscal fears.
Investors are flocking to fixed income ETFs -- but they may be dangerous when rates rise.
Markets expect the Fed to continue buying Treasurys, but the course for rates is more likely to be determined by the "fiscal cliff" talks.
A weak economy, soft corporate earnings and the fiscal cliff, investment houses are warning of impending market turmoil. The outlook is gloomy for the immediate future, with glimmers of optimism for the longer term.
Gary Dugan, CIO, Asia & Middle East, Coutts likes equities, and says investors should let go of the security offered by bonds. He warns of about 10-15% in capital losses on junk bonds.
Investors looking to buy corporate bonds must temper their expectations for 2013.
A credit markets boom could last another five years, but its end will be much harder than when the last bear market hit, a market strategist told CNBC.
Jeff Peskind, founder and CIO of Phoneix Investment Adviser, suggests to CNBC that the final weeks leading to the fiscal cliff present a good buying opportunity for some of the smaller high-yield junk bonds.
European bank debt, once an investment pariah, is suddenly popular. The NYT reports.
Treasurys and high-quality corporate bonds remain the favorites, even with their already unexceptional — and in some cases unprofitable — yields.