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  • Third Avenue forces out CEO Monday, 14 Dec 2015 | 8:00 AM ET
    Third Avenue forces out CEO

    The embattled investment firm is ditching its chief executive David Barse.

  • Third Avenue dumps CEO Barse amid turmoil Monday, 14 Dec 2015 | 7:34 AM ET
    David Barse

    Embattled investment firm Third Avenue Management has ditched CEO David Barse, the company confirmed on Monday.

  • How to navigate high-yield risk: Pro Monday, 14 Dec 2015 | 6:52 AM ET
    How to navigate high-yield risk: Pro

    We think the real risk in high-yield markets are contained in those that are commodity-sensitive, says Guy LeBas, Janney Montgomery Scott chief fixed income strategist, sharing his strategy for riskier fixed income investments. Stick with high-quality, says LeBas.

  • Dec 13- Third Avenue Management LLC has parted ways with Chief Executive Officer David Barse after the collapse of the company's junk bond fund last week, the Wall Street Journal reported on Sunday, citing sources familiar with the matter. The collapse of Third Avenue's Focused Credit Fund jolted Wall Street and renewed worries about the difficulty of trading...

  • Dec 13- Third Avenue Management LLC has parted ways with Chief Executive Officer David Barse after the collapse of the company's junk bond fund last week, the Wall Street Journal reported on Sunday, citing sources familiar with the matter. A security guard at Third Avenue's New York headquarters said on Sunday that Barse had been let go and was not allowed back in...

  • Third Avenue dumps CEO Barse amid turmoil: Report Sunday, 13 Dec 2015 | 4:27 PM ET
    Wall Street

    Third Avenue has ditched CEO David Barse, The Wall Street Journal reported on Sunday, amid turmoil stemming from bad junk bond bets.

  • High-yield hedge fund stops fund redemptions: WSJ Friday, 11 Dec 2015 | 5:53 PM ET
    Upset NYSE Trader

    There was more pain in high-yield distressed debt on Friday, as hedge fund Stone Lion suspended redemptions in its oldest fund, Dow Jones reported.

  • BOSTON, Dec 11- U.S. junk bond fund managers said on Friday they are shying away from big cash trades after liquidity in the high-yield market took another hit from the meltdown of the Third Avenue Focused Credit Fund. Third Avenue's decision this week to block redemptions and liquidate a fund with $789 million in assets jolted Wall Street and caught the...

  • BOSTON, Dec 11- U.S. junk bond fund managers said on Friday they are shying away from big cash trades after liquidity in the high-yield market took another hit from the meltdown of the Third Avenue Focused Credit Fund. "Liquidity is bad," said Gershon Distenfeld, portfolio manager of AllianceBernstein's $5.8 billion High Income Fund. "There's not a lot of cash bond...

  • *DuPont, Dow Chemical fall after agreeing to merge. Investors were nervous about making risky bets as they also worried about declines in China's yuan and high-yield debt markets after an investment fund announced the liquidation of a credit fund. "It hasn't been any one thing today, it's been an accumulation of concerns as the week has worn on," said Michael James,...

  • No signs of recession Friday, 11 Dec 2015 | 2:11 PM ET
    No signs of recession

    Martin Fridson, Lehmann Livian Fridson Advisors, says he sees no signs of a recession.

  • Junk bond jitters Friday, 11 Dec 2015 | 2:07 PM ET
    Junk bond jitters

    Martin Fridson, Lehmann Livian Fridson Advisors, talks about distressed bonds and the market selloff.

  • Santelli: Barclays high yield spreads widening Friday, 11 Dec 2015 | 1:28 PM ET
    Santelli: Barclays high yield spreads widening

    CNBC's Rick Santelli looks at the moves in the 10-year yield, and the junk ETFs.

  • Will high yield bond fears cause the next crisis? Friday, 11 Dec 2015 | 1:21 PM ET
    Will high yield bond fears cause the next crisis?

    CNBC senior markets commentator Michael Santoli, and CNBC contributor Ron Insana, dig into warning signs in the high yield bond market.

  • Carl Icahn: KMI, FCX not in danger of bankrupcty Friday, 11 Dec 2015 | 12:45 PM ET
    Carl Icahn: KMI, FCX not in danger of bankrupcty

    Carl Icahn shares his view of Freeport-McMoRan suspending its dividend.

  • Carl Icahn on high yield: It's still not '08 Friday, 11 Dec 2015 | 12:43 PM ET
    Carl Icahn on high yield: It's still not '08

    Carl Icahn looks at danger signs in the high yield bond market, government involvement and whether there are warning signs for a market crisis.

  • Carl Icahn: High yield tremendously overpriced Friday, 11 Dec 2015 | 12:41 PM ET
    Carl Icahn: High yield tremendously overpriced

    Carl Icahn shares his view of the high yield bond market.

  • Carl Icahn: High-yield market a 'keg of dynamite' Friday, 11 Dec 2015 | 12:36 PM ET
    Carl Icahn: No liquidity in high yield

    Carl Icahn has tweeted about high yield, warning a meltdown is just beginning.

  • Junk bond worries Friday, 11 Dec 2015 | 12:08 PM ET
    Junk bond worries

    Third Avenue Management is blocking investors from withdrawing money as it liquidates its high yield mutual fund.

  • Third Avenue to liquidate junk bond fund Friday, 11 Dec 2015 | 6:45 AM ET
    Government bond markets sell off, bond rout continues German bund

    Third Avenue Management is blocking investors from withdrawing their money from a near $1 billion junk bond fund as it tries to liquidate the fund.