NYSEARCA:HYLD - NYSE Arca - US30151E8140 - ETF - Currency: USD
U.S. high-yield bond issuance for 2020 has eclipsed the prior annual sales record of $329.6B set in 2012, according to data compiled by Bloomberg, as companies reap the benefits of the Fed's liquidity-boosting and zero-interest rate policies.The support has effectively turned the industry into a borrower's market, and all-in yields for U.S.
Junk issuers have sold $46.7B of bonds so far in June, topping the previous monthly record of $46.4B in September 2013, according to data compiled by Bloomberg.Companies have hurried to build cash war
Advisors and analysts are warning that bond investors could face years of low rates. Given that, they should resist bargain-hunting and going out on the risk curve. View bonds as ballast.
Included in the Fed's latest rescue package is its intention to now begin buying ETFs holding high-yield paper as well as direct purchases of paper that's recently been downgraded to junk.That's got t
The scramble for income created overvaluations that are being painfully unwound, particularly in closed-end bond funds.
After a bear of a credit selloff last week, and a brief pause on Friday, bond markets fell a bit further on Monday.
Mentions: JNK
Today I'm reviewing a high-yield bond exchange-traded fund named AdvisorShares Peritus High Yield ETF, its trading ticker symbol is HYLD.