Bonds Junk Bonds

  • CHICAGO, Dec 4- Detroit on Tuesday sold its first standalone bonds since exiting bankruptcy four years ago to U.S. municipal market investors, who snapped up the debt albeit at hefty yields. The unlimited-tax general obligation bond issue sold solely under the city's junk-rated credit was increased to $135 million from nearly $111 million due to strong...

  • CHICAGO, Dec 4- Detroit on Tuesday sold its first standalone bonds since exiting bankruptcy four years ago to U.S. municipal market investors, who snapped up the debt albeit at hefty yields. The unlimited-tax general obligation bond issue sold solely under the city's junk-rated credit was increased to $135 million from nearly $111 million due to strong...

  • NEW YORK, Nov 23- U.S. fund investors renewed their concerns about credit quality in corporate debt markets during the latest week, hitting leveraged loan and high-yield debt funds with multibillion-dollar withdrawals, Lipper data showed on Friday. High-yield "junk" bond funds based in the United States recorded $2.2 billion in withdrawals, the most in four...

  • JOHANNESBURG, Nov 23- S&P Global Ratings left South Africa's foreign-currency and local-currency credit ratings unchanged on Friday, citing weak economic growth and a rising debt burden as reasons for keeping the country in "junk" status. "Anaemic economic growth in 2018 and sizable contingent liabilities continue to weigh on South Africa's fiscal...

  • JOHANNESBURG, Nov 23- S&P Global Ratings left South Africa's foreign-currency and local-currency credit ratings unchanged on Friday, citing weak economic growth and a rising debt burden as reasons for keeping the country in "junk" status. "Anemic economic growth in 2018 and sizable contingent liabilities continue to weigh on South Africa's fiscal prospects...

  • JOHANNESBURG, Nov 23- S&P Global Ratings kept South Africa's foreign-currency and local-currency credit ratings at below investment grade on Friday. "Anaemic economic growth in 2018 and sizable contingent liabilities continue to weigh on South Africa's fiscal prospects and debt burden," S&P said, adding that it had a "stable" outlook on the ratings.

  • Investors beware: The markets could be in for a bumpy time. These are the moves you may want to make now.

  • financial bubble NYSE

    At first glance, it looks like a $9 trillion time bomb is ready to detonate, a corporate debt load that has escalated thanks to easy borrowing terms and a seemingly endless thirst from investors.

  • NEW YORK, Nov 13- U.S. corporate bonds are by far the most dangerous part of the bond market and more than half of triple-B-rated debt would have a below-investment-grade rating based on leverage alone, Jeffrey Gundlach, chief executive officer of DoubleLine Capital, warned on an investor webcast on Tuesday. In recent weeks, corporate bond funds have been posting...

  • CORPORATE BONDS, JUNK DEBT' DANGEROUS' SHOULD A RECESSION EVER ARRIVE- WEBCAST.

  • ROME, Oct 26- Standard& Poor's on Friday left Italy's sovereign debt rating unchanged but lowered its outlook to negative from stable, saying that the new government's policy plans were weighing on the country's growth and debt prospects. S&P left the rating at BBB, two notches above junk, which will come as some relief to the government, which is locked in a tussle...

  • *Moody's cuts Italy debt rating to "Baa3". ROME, Oct 19- Moody's on Friday cut Italy's sovereign debt rating to one notch above junk status because of concerns over government budget plans, but in a move that could calm investor anxiety, it said the outlook was stable. It said the shift towards an expansionary fiscal policy meant Italy's public debt would likely...

  • Dara Khosrowshahi, chief executive officer of Uber, looks on following a 2018 event in New Delhi, India.

    Uber is preparing for an IPO that media reports have noted could value it at more than $100 billion.

  • NEW YORK, Oct 15- In March, noted short-seller Andrew Left took a swipe at Netflix Inc's stock, calling the online video company's aggressive spending on content acquisition "unsustainable." Bearish bets against the company's $8.4 billion of junk-rated bonds have more than tripled this year to an all-time high of $347 million, according to data from Samuel...

  • LISBON, Oct 12- Moody's Investors Service on Friday upgraded Portugal's credit rating by one notch back to investment grade, giving the once bailed-out country's debt full eligibility to key bond indices and a wider investor base. Moody's, the last of the major credit rating agencies to have kept Portugal's debt in "junk" territory after upgrades last year by...

  • Moody's and S&P Global, both rating Italy two rungs above' junk', are widely expected to downgrade in late October as the new government's outsize spending plans put it on a collision course with EU authorities. One rung lower and Italy would fall below investment grade for the first time, a move that would potentially cost it hundreds of billions of euros in lost...

  • Moody's and S&P Global, both rating Italy two rungs above' junk', are widely expected to downgrade in late October as the new government's outsize spending plans put it on a collision course with EU authorities. One rung lower and Italy would fall below investment grade for the first time, a move that would potentially cost it hundreds of billions of euros in lost...

  • NEW YORK, Oct 4- The spread between junk bonds and long-end U.S. "You tend to see these levels towards the end of a credit cycle, and were clearly there," said Guy LeBas, chief fixed income strategist, Janney Montgomery Scott LLC. A low of 2.41 percentage points was recorded on July 1 2007, five months before the start of the subprime mortgage market crisis.

  • BUENOS AIRES, Oct 2- The Argentine peso rallied for a second straight day on Tuesday after the central bank issued another round of short-term bonds with high interest rates aimed at mopping up liquidity in the thin foreign exchange market, traders said. The central bank sold $1.398 billion in seven-day "Leliq" notes on Tuesday, with an annual interest rate of...

  • BUENOS AIRES, Oct 2- The Argentine peso rallied for a second straight day on Tuesday after the central bank issued another round of short-term bonds with high interest rates aimed at mopping up liquidity in the thin foreign-exchange market, traders said. The central bank sold $1.398 billion in seven-day "Leliq" notes on Tuesday, with an annual interest rate of...