Finding the best picks in high yield bondsbrexit
答案解析:High-yield bonds can be thought of as a hybrid between investment-grade bonds and equitysecurities. Their spread movements are less influenced by interest rate changes than are investment-gradebonds and they exhibit greater correlation with movements in equity markets.Section 7.1反馈...
Junk bonds have been on a tear, so this fund has shifted to defense. HIGH-YIELD BONDS HAVE BEEN on a roll. Over the past 12 months, funds that invest in ju... NS Huang - 《Kiplingers Personal Finance》 被引量: 0发表: 2021年 加载更多来源...
By Jamie Mullen Most commentary on the high yield bond space has closely examined the energy sector, and justifiably so.
The increased likelihood of default for high-yield bonds relative to investment-grade bonds makes covenant analysis more important for high-yield investors compared with investment-grade investors.【释义】B是正确的。契约分析对于高收益信贷尤其重要,因为它们的安全边际降低。契约是为了保护债权人,高收益债券...
The market for high yield (below investment-grade) corporate bonds developed in the middle 1980s. We show that, since this time, the high yield spread has had significant explanatory power for the business cycle. We interpret this finding as possibly symptomatic of financial factors at work in...
High-yield funds, or funds that invest in floating-rate loans, are generally focused on below-investment-grade issuers, and so come with greater credit risk. Funds that focus on US Treasurys may come with much less. Again, diversification can reduce the overall credit risk presented by a ...
A high yield bond spread is the percentage difference in current yields of various classes of high-yield bonds compared a benchmark bond measure.
High yield bonds : market structure, portfolio management, and credit risk modeling Part I: Market Structure. The High Yield Market. Changes in the High Yield Market: A Historic Perspective. The Leveraged Loan Market. The Globalization of ... T Barnhill,W Maxwell,MR Shenkman 被引量: 0发表:...
When bond prices decline, the interest rate increases. That's because the bond costs less, while the interest rate remains the same as its initial offering. Conversely, when the price of a bond goes up, theeffective yielddeclines.4Term bondsusually offer a higher interest rate because of thei...