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  • Dec 15- Just as turkeys are opposed to Christmas on culinary grounds, so investors in risky assets like junk bonds are forever and always against interest rate hikes. Lucidus Capital Partners, a high-yield credit fund, said on Monday it would give investors back $900 million it managed, following close on the heels of upsets at other funds; Third Avenue Capital,...

  • This is what lies ahead for bond investors Tuesday, 15 Dec 2015 | 9:15 AM ET

    The big selloff in high yields was driven by the closure of three junk bond funds. Here's what you need to know to ride volatility.

  • Bets on distressed debts: Pro Tuesday, 15 Dec 2015 | 8:46 AM ET
    Bets on distressed debts: Pro

    Paul Twitchell, Whitebox Advisors partner, provides insight to the technical selloff in the high yield bond market.

  • Wilbur Ross: Looming 'wall' of junk bonds worrisome Tuesday, 15 Dec 2015 | 8:34 AM ET
    Wilbur Ross

    The decline in junk bonds is putting pressure on higher quality corporate debt in an energy "daisy chain," billionaire Wilbur Ross tells CNBC.

  • High-yield... it's not what you own, it's about what you don't own

    Peter Kraus, AB CEO, shares his thoughts on costs associated with ETFs.

  • High-yield implosion? Tuesday, 15 Dec 2015 | 7:33 AM ET
    High-yield implosion?

    CNBC's Dominic Chu takes a look at liquidity fears sweeping the junk bond market.

  • 'Firmly convinced' rate hike tomorrow: Gary Stern Tuesday, 15 Dec 2015 | 7:09 AM ET
    'Firmly convinced' rate hike tomorrow: Gary Stern

    Tom Porcelli, RBC Capital Markets, and Gary Stern, former Federal Reserve Bank of Minneapolis president, share their thoughts on rising interest rates and why they expect the Fed to raise rates multiple times next year.

  • Wilbur Ross: Opportunity in shale Tuesday, 15 Dec 2015 | 6:43 AM ET
    Wilbur Ross: Opportunity in shale

    Wilbur Ross, Chairman & CEO of WL Ross & Co., reveals where he is seeing opportunity in high yield energy plays.

  • Wilbur Ross: Greater volatility ahead Tuesday, 15 Dec 2015 | 6:40 AM ET
    Wilbur Ross: Greater volatility ahead

    Wilbur Ross, Chairman & CEO of WL Ross & Co., says there's no difference between a run on banks and a run on mutual funds, discussing the transfer of risk in the high-yield market from banks to participants. Also Ross discusses where he is seeing opportunity in the high-yield market.

  • Wilbur Ross: Energy 'daisy chain' sinking high yield Tuesday, 15 Dec 2015 | 6:38 AM ET
    Wilbur Ross: Energy 'daisy chain' sinking high yield

    Wilbur Ross, Chairman & CEO of WL Ross & Co., shares his thoughts on what's pressuring the high-yield bond market.

  • Should you invest in high yield bonds? Tuesday, 15 Dec 2015 | 2:30 AM ET
    Should you invest in high yield bonds?

    Bryn Jones, head of fixed income at Rathbones, says now is the time to buy investment grade credit and not high yield.

  • Fed hike indicates US recovery: S&P Ratings Monday, 14 Dec 2015 | 10:13 PM ET
    Fed hike indicates US recovery: S&P Ratings

    Paul Gruenwald, chief economist for APAC at S&P Ratings Service, says if the Fed is confident enough to hike rates, it indicates a strengthened economy.

  • BOSTON, Dec 14- Billionaire hedge fund manager Marc Lasry on Monday backed a junk bond mutual fund hemorrhaging assets at his Avenue Capital Group as jittery investors exit high-yield bonds amid a market rout. Investors have taken note that Lasry's $884 million Avenue Credit Strategies Fund is run by the same portfolio manager who in 2009 helped launch the...

  • Investors have taken note that Lasry's $884 million Avenue Credit Strategies Fund is run by the same portfolio manager who in 2009 helped launch the Third Avenue Focused Credit Fund, which abruptly shut down last week and blocked investor redemptions, fund disclosures show. And Lasry's Avenue Capital, a powerhouse in the distressed investing sector, has...

  • Will the junk bond mess have a spillover effect? Monday, 14 Dec 2015 | 7:18 PM ET
    Will the junk bond mess have a spillover effect?

    Viktor Shvets, head of Asian strategy at Macquarie Securities Group, says junk bonds are not a large proportion of the entire bond market, but do contain significant leverage.

  • NEW YORK, Dec 14- The selloff in the bellwether high risk corporate debt market is spreading fears that the U.S. economy is on less sound footing than investors thought. On Monday, the widely-traded iShares iBoxx$ High Yield Corporate Bond ETF- essentially a basket of junk debt- expanded its losses for the year to 12 percent. "Liquidity-supported markets, which is...

  • NEW YORK, Dec 14- The selloff in the bellwether high risk corporate debt market is spreading fears that the U.S. economy is on less sound footing than investors thought. On Monday, the widely-traded iShares iBoxx$ High Yield Corporate Bond ETF- essentially a basket of junk debt- expanded its losses for the year to 12 percent. "Liquidity-supported markets, which is...

  • BOSTON, Dec 14- Illiquid assets at Third Avenue Management's junk-bond fund skyrocketed before it imploded last week, underscoring an opaque corner of risk in the mutual fund industry that corporate governance experts worry is not policed by outside directors. The biggest meltdown of a mutual fund since the 2008 credit crisis happened as the U.S. Securities...

  • *DuPont, Dow Chemical fall; materials only losing sector. Concerns about high-yield bonds, oil price swings and the Fed made for a skittish market, said Peter Costa, president of Empire Executions Inc.. Traders see an 83- percent chance that the Fed will lift rates by 25 basis points, according to the CME Group's FedWatch program.

  • Low risk, high yield bets Monday, 14 Dec 2015 | 3:38 PM ET
    A trader signals an offer in the Standard & Poor's 500 stock index options pit at the Chicago Board Options Exchange (CBOE) in Chicago.

    Don't fear the junk bond market