NEW YORK, Oct 2- DoubleLine Capital co-founder Jeffrey Gundlach, widely followed for his investment calls, warned after a weak non-farm payrolls report on Friday that the U.S. equity market as well as other risk markets including high-yield "junk" bonds face another round of selling pressure. "The reason the markets aren't going lower is people are holding and...» Read More
There's "no value left" in the "totally illiquid" junk bond space, one investor told CNBC, citing a toxic combination of low liquidity and high levels of risk.
Beat Wittmann, partner at Porta Advisors, explains why he wouldn't touch the high-yield bond market.
High-yield bonds, which typically lead stocks, are in the midst of a selloff. But traders say there's nothing to worry about.
NEW YORK, July 24- Exterran withdrew a high-yield bond offering on Friday and said a related spin-off of its international services business would be delayed due to "adverse market conditions." The company had been prepping a US $400 m seven-year non-call three bond with whispers at 8.00%-8.25%. Goldman Sachs was lead-left on the planned bond transaction.
Gershon Distenfeld, director of High Yield at AllianceBernstein, says high-yield bonds may see short-lived volatility when the Fed begins raising interest rates.
The bottom of the corporate debt barrel is getting more crowded.
Luigi Zingales, co-author of Saving Capitalism and a professor at University of Chicago Graduate School of Business, says he would consider high-yield bonds for his pension, despite the risk.
Bill Gross thinks conditions are ripe for a liquidity crisis, and he points a finger at his old firm for its potential to be at the center of the storm.
Carl Icahn is right to sound alarm bells about high-yield debt, but stocks have not yet entered the danger zone, strategists tell CNBC.
Here's why Pimco's Mark Kiesel doesn't see a risk right now for the high-yield bond market and why he still likes housing.
Yield chasers have plowed into junk bonds, but with rate hikes looking increasingly likely, it may be time to head for the exit, analysts said.
China's online money market funds have transformed how millions of Chinese invest their savings, but some see red flags. The FT reports.
Record low rates are forcing pension funds and other conservative institutional investors into risky emerging markets, analysts say. The FT reports.
If calamity breaks out in the corporate bond market, it's largely mom and pop investors who may end up calling the shots.
If interest rates rise too quickly, spooked mutual fund investors could set off a liquidity trap in the corporate bond market.
After ripping higher, U.S. Treasury yields could be set for a pullback, but it could be temporary.
ATHENS, June 10- Ratings agency Standard& Poor's downgraded Greece's sovereign rating deeper into junk territory on Wednesday, questioning whether its debt is sustainable after the government delayed a payment to the International Monetary Fund. Greece exercised its right to group all its payments to the IMF due in June and pay them before the end of the month.
This week's quick spike in bond yields appears to have abated, and some strategists believe the sudden, rapid runup in yields is over—for now.
HONG KONG, June 4- Troubled British retailer Tesco has hired HSBC to explore a sale of its South Korean operations, valued at about $6 billion, people familiar with the matter told Reuters on Thursday. The supermarket group, whose credit rating was cut to "junk" status by Moody's and S&P in January, is battling to recover from an accounting scandal and reverse market...
The wild breakout in German yields is rocking global debt markets, giving a glimpse of a world of higher interest rates.