Bonds Junk Bonds

  • PIMCO SAYS STOCKS, JUNK BONDS, GLOBAL GOVERNMENT DEBT PRICES APPEAR' STRETCHED'.

  • *Only Fitch holds investment grade rating on Turkey. *Some see opportunity given Turkey fundamentals. ISTANBUL/ ANKARA, Sept 26- On the first trading day after Moody's downgraded Turkey's sovereign rating to "junk," the reaction in Istanbul and Ankara was swift and predictable-- stocks and the lira took a beating and policymakers accused the agency of playing...

  • LONDON, Sept 26- Gregory Peters, a senior investment officer at PGIM with over $600 billion of fixed income assets, said on Monday his fund had increased exposure to U.S. government bonds and pulled back on high-yield debt due to concerns about the economy. Federal Reserve left monetary policy unchanged at a meeting last week and indicated it would raise rates...

  • PGIM'S GREGORY PETERS SAYS ADDED TO INVESTMENTS IN U.S.

  • *Erdogan adviser sees outflows limited to $2- 3 billion. ISTANBUL, Sept 26- Turkish shares tumbled 4 percent and bonds and the lira weakened sharply on Monday after Moody's cut its credit rating to "junk," raising risks of an outflow of foreign funds and a squeeze on external borrowing. Turkey depends on investment to fund its current account deficit- one of the...

  • LONDON— Turkish financial markets took a battering Monday after ratings agency Moody's downgraded the country's credit grade to junk status to account for a series of shocks to the economy that included a string of bombings and an attempted coup. The sell-off is largely due to Moody's statement late Friday that it was cutting Turkey's government debt rating...

  • LONDON, Sept 26- Turkish stocks, bonds and the lira sold off on Monday after a credit rating downgrade to junk while rising unease over U.S. politics and a meeting of oil exporters spurred broader emerging markets weakness. "You've had the coup, you have had various terrorist attacks, you have a central bank that is cutting interest rates and it is far from clear... that...

  • *Turkey eurobonds fall by as much as 3.9 cents. ISTANBUL, Sept 26- Turkish shares tumbled 4 percent while bonds and the lira also weakened sharply on Monday after ratings agency Moody's cut Turkey's sovereign rating to "junk," triggering fears of an outflow of foreign funds. Turkey depends on investment flows to fund its current account deficit- one of the biggest in...

  • ISTANBUL, Sept 24- Ratings agency Moody's cut Turkey's sovereign credit rating to "junk," citing worries about the rule of law after an attempted coup and risks from a slowing economy, in a move that could deter billions of dollars of investment. Turkey depends on investment flows to fund its current account deficit- one of the biggest in the G20- and service its...

  • ISTANBUL, Sept 24- Credit ratings agency Moody's Investor Service has downgraded Turkey's sovereign credit rating to non-investment grade citing worries about the rule of law following an attempted coup, risks from external financing and a slowing economy. The agency, which cut the government's long-term issuer and senior unsecured bond ratings debt to...

  • NEW YORK— Moody's has downgraded Turkey's credit rating to "junk" status, a further blow to an economy shaken by terrorist attacks, a failed military coup and a diplomatic spat with Russia. The rating agency on Friday lowered its rating on Turkey's debt one notch, stripping it of investment-grade status. Moody's indicated it expects Turkey's economic growth to be...

  • *Economy minister says Hungary may tap bond market. BUDAPEST, Sept 16- After keeping Hungary in junk for years, rating agency Standard and Poor's lifted the country's debt rating back into investment grade on Friday in a surprise move, rewarding Prime Minister Viktor Orban for fixing state finances and boosting the economy. Returning Hungary's debt to...

  • *Portugal's bond reel from worst day since Brexit. LONDON, Sept 16- The premium Portugal would pay over Germany to borrow in bond markets hit its widest in seven months on Friday, ahead of a ratings review that serves as a prelude to a more crucial test of Portuguese creditworthiness next month. Standard and Poor's is not expected to alter its junk rating for...

  • Standard and Poor's is not expected to alter its junk rating for Portugal on Friday. But any warnings on its economy-- such as those from Portugal's budget watchdog on Thursday-- may feed fears that DBRS will remove the country's last investment-grade rating, which Lisbon needs to qualify for ECB bond purchases on Oct. 21. Losing the support of the central bank could...

  • U.S.-BASED HIGH-YIELD BOND FUNDS POST $2.5 BLN OUTFLOWS OVER WEEKLY PERIOD, AFTER ATTRACTING $610 MLN THE WEEK BEFORE- LIPPER.

  • U.S.-BASED HIGH-YIELD BOND FUNDS ATTRACT $610 MLN OVER WEEKLY PERIOD; FOURTH WEEK OF INFLOWS IN LAST FIVE- LIPPER.

  • JOHANNESBURG, Sept 8- Growth in South Africa's two key sectors slowed on Thursday, with weak activity renewing fears South Africa may struggle to avoid recession and a downgrade of its debt to junk status by year's end. "The first Q3 South African output data support our view that the rapid growth reported in Q2 is unlikely to be sustained," Africa analyst at Capital...

  • JOHANNESBURG, Sept 8- Growth in South Africa's two key sectors slowed on Thursday, with weak activity renewing fears South Africa may struggle to avoid recession and a downgrade of its debt to junk status by year's end. "The first Q3 South African output data support our view that the rapid growth reported in Q2 is unlikely to be sustained," Africa analyst at Capital...

  • HONG KONG, Sept 2- Chinese junk bond issuers, led by real estate companies, have dived back into selling dollar debt after a hiatus, locking in the lowest yields in Asia since 2013 and finding ready buyers in a global market where many bonds offer negative interest rates. "This has been the busiest August ever for Asian high-yield issuers," said Haitham Ghattas, head of...

  • U.S.-BASED HIGH-YIELD BOND FUNDS POST $387 MLN OUTFLOWS OVER WEEKLY PERIOD, AFTER THREE STRAIGHT WEEKS OF GATHERING NEW MONEY- LIPPER.