×

Bonds Junk Bonds

  • NEW YORK, Sept 12- Investors in equities and risk assets should brace themselves for the end of quantitative easing, given the high correlation it has to high stock and junk bond prices, Jeffrey Gundlach, chief executive at DoubleLine Capital, warned Tuesday. Equity and risk-asset investors are "unfortunately about to see the first change in dynamic in years" with...

  • NEW YORK, Sept 12- Investors in equities and risk assets should brace themselves for the end of quantitative easing, given the high correlation it has to high stock and junk bond prices, Jeffrey Gundlach, chief executive at DoubleLine Capital, warned Tuesday. Equity and risk-asset investors are "unfortunately about to see the first change in dynamic in years" with...

  • Boaz Weinstein speaking at the 2017 Delivering Alpha conference in New York on Sept. 12, 2017.

    Boaz Weinstein speaks at the Delivering Alpha Conference in New York on Tuesday.

  • RPT-U.S.-BASED HIGH-YIELD BOND FUNDS POST $277 MLN OUTFLOWS OVER WEEKLY PERIOD; 3 RD STRAIGHT WEEK OF WITHDRAWALS- LIPPER.

  • LONDON, Aug 26- Zambia's improving growth prospects and greater liquidity in its banking system have prompted S&P Global Ratings to tweak its outlook on the country to stable from negative. It also based the move- which accompanied an affirmation of Zambia's non-investment grade B rating- on an expected deal with the International Monetary Fund by the end of...

  • Federal Reserve Board Chairwoman Janet Yellen speak during a news conference after the Fed releases its monetary policy decisions in Washington, U.S., June 14, 2017.

    Companies are rushing to issue, and investors are eager to buy, the riskiest kinds of debt before the Fed begins tightening monetary policy.

  • CHICAGO, Aug 22- The sale of up to $6 billion of bonds by Illinois to shrink its enormous unpaid bill backlog, an action the governor has yet to take, could protect the state from a credit rating downgrade to junk, S&P Global Ratings said on Tuesday. "Therefore, the state may realize net fiscal savings which we believe Illinois can ill-afford to pass up given its...

  • CHICAGO, Aug 22- The sale of up to $6 billion of bonds by Illinois to shrink its enormous unpaid bill backlog, an action the governor has yet to take, could protect the state from a credit rating downgrade to junk, S&P Global Ratings said on Tuesday. "Therefore, the state may realize net fiscal savings which we believe Illinois can ill-afford to pass up given its...

  • NEW YORK, Aug 17- Investors recoiled during a turbulent week for markets, pulling the most cash from high-yield bond funds since March and billions more from stock funds, Lipper data for U.S.-based funds showed on Thursday. Those high-yield "junk" bond mutual funds and exchange-traded funds posted $2.2 billion in withdrawals, while stock fund outflows sank to...

  • NEW YORK, Aug 17- Investors pulled the most money from high-yield bond funds since March, withdrawing $2.2 billion during the latest week, according to Lipper on Thursday.

  • NEW YORK, Aug 11- Bond investors on Friday gave a $1.8 billion boost to Tesla Inc's balance sheet by snapping up the electric car maker's first foray into the U.S. junk bond market, where yield-hungry investors have raced to lock in relatively higher returns. Tesla sold $1.8 billion of eight-year unsecured bonds at a yield of 5.30 percent, the Palo Alto, California-...

  • Tesla Model 3

    Valerie Potenza, Xtract Research head of high-yield research, discusses Tesla's junk bond rating.

  • NEW YORK, Aug 11- Bond investors on Friday were poised to give a $1.8 billion boost to Tesla Inc's balance sheet by snapping up the electric car maker's first foray into the U.S. junk bond market, where yield-hungry investors have raced to lock in relatively higher returns. "It's a milestone for a company from a relative unknown to what it is today," said David Knutson,...

  • Elon Musk, Co-founder and CEO of Tesla

    Tesla's recent record cash burn does not seem to be scaring off bond buyers, Bloomberg reports.

  • DETROIT, Aug 7- Tesla Inc said on Monday it would raise about $1.5 billion through its first-ever offering of junk bonds as the U.S. luxury electric car maker seeks fresh sources of cash to ramp up production of its new Model 3 sedan. The move to issue junk bonds- lower-quality investments that offer higher yields- represents a bet by Tesla Chief Executive Elon Musk...

  • DETROIT, Aug 7- Tesla Inc said on Monday it would raise about $1.5 billion through its first-ever high-yield junk bond offering, as the U.S. luxury electric car maker seeks fresh sources of cash to ramp up production of its new Model 3 sedan. The debt offering marks Tesla's debut in the junk-bond market and the company will start road-shows on Monday, IFR reported,...

  • DETROIT, Aug 7- Tesla Inc said on Monday it would raise about $1.5 billion through its first-ever high-yield junk bond offering, as the U.S. luxury electric car maker ramps up the production of its new the Model 3 sedan. Elon Musk- led Tesla is counting on the Model 3, its least pricey car, to become a profitable, mass market manufacturer of electric cars.

  • ISTANBUL, July 21- Ratings agency Fitch on Friday maintained its "junk" rating on Turkey's sovereign debt, citing domestic political and regional risks as well as the impact of economic stimulus measures that could weaken the country's fiscal performance. While noting that economic stimulus measures have boosted growth this year, it said they would weigh on...

  • CHICAGO, July 20- Illinois avoided becoming the first U.S. state with a junk credit rating on Thursday after Moody's Investors Service kept the fiscally challenged state at the lowest investment grade level. The Democratic-controlled legislature enacted a $36 billion budget and $5 billion income tax increase on July 6 by overriding the vetoes of Republican...

  • CHICAGO, July 20- Illinois avoided becoming the first U.S. state with a junk credit rating on Thursday after Moody's Investors Service kept the state at the lowest investment grade level. The Democratic-controlled legislature enacted a $36 billion budget and $5 billion income tax increase on July 6 by overriding the vetoes of Republican Governor Bruce...