Bonds Junk Bonds

  • *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...

  • CME options pit

    High-yield bonds have beaten most fixed-income this year, as the Federal Reserve's rate policy and emerging markets tumult have hurt other credit areas. Billions of dollars have flowed into junk bond ETFs this quarter, but major risks remain.

  • Like its stock price, Tesla bonds have given up all of the gains they made after Musk shocked investors with a tweet on Aug. 7, saying he had "funding secured" for a possible buyout deal at $420 per share. Tesla's high-yield debt trades at around 87.5 cents on the dollar, down from 93.0 cents on Aug. 7, according to Thomson Reuters data. Tesla's convertible bonds due in 2021...

  • NEW YORK, Aug 22- Investors in the debt of electric carmaker Tesla are betting the take-private deal described by Chief Executive Elon Musk will not materialize. Tesla's high-yield debt now trades at around 87.5 cents on the dollar, down from 93.0 cents on the dollar on August 7, according to Thomson Reuters data. Tesla's convertible bonds due in 2021 are trading...

  • LONDON, Aug 20- The Turkish lira fell on Monday after S&P Global and Moody's downgraded the country's sovereign credit rating further into junk territory and shots were fired at the U.S. embassy in Ankara, while emerging stocks rose over 1 percent. Piotr Matys, a strategist a Rabobank, said the downgrades were not a major surprise and had validated concerns among...

  • ISTANBUL, Aug 17- Moody's cut Turkey's sovereign credit rating deeper into "junk" territory on Friday, citing a weakening of public institutions and the related reduction in the predictability of policy making in a country which is facing a currency crisis. "That weakening is exemplified by heightened concerns over the independence of the central bank, and by...

  • ISTANBUL, Aug 17- Standard& Poor's said on Friday it had cut Turkey's sovereign credit rating deeper into "junk" territory, citing extreme lira volatility and forecasting a recession next year, adding to the country's woes as it deals with a currency crisis. The rating agency downgraded the rating by one notch to B+ from BB- and kept Turkey's outlook at stable in a move...

  • PARIS, Aug 8- Shares in France's Casino sunk to new lows on Wednesday, after brokerage Bernstein cut its rating on the stock and re-ignited lingering concerns over the supermarket retailer's cash-flow and high debt levels. Casino, which had its credit rating cut to junk by Standard& Poor's in March 2016, is under pressure to show it can revive profits in France,...

  • Jamie Dimon, chief executive officer of JPMorgan Chase & Co., speaks during an interview on the sidelines of the JP Morgan Global China Summit in Beijing, China, on Monday, June 5, 2017.

    J.P. Morgan Chase chief Jamie Dimon says people should prepare for U.S. yields of 5 percent.

  • Elon Musk, chairman and chief executive officer of Tesla Motors Inc.

    The amount investors must pay to insure their debt holdings in Tesla against declining credit quality rose to its second-highest price ever.

  • PARIS, July 17- Retailer Casino, which is battling to ease investor concerns about its high debt levels, posted stronger-than-expected second-quarter revenue, thanks to accelerating sales in France and Brazil, and predicted solid growth ahead. The group, whose credit rating was cut to junk by Standard& Poor's in March 2016, is under pressure to show it can revive...

  • PARIS, July 17- French supermarket retailer Casino said on Tuesday that sales growth accelerated in the second quarter, reflecting further improvement in its core French market and better trends in Brazil. The company, whose credit rating was cut to junk by Standard& Poor's in March 2016, is under pressure to show it can revive profits in France while conditions...