• 767 days Will The ECB Continue To Hike Rates?
  • 767 days Forbes: Aramco Remains Largest Company In The Middle East
  • 769 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,169 days Could Crypto Overtake Traditional Investment?
  • 1,174 days Americans Still Quitting Jobs At Record Pace
  • 1,176 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,179 days Is The Dollar Too Strong?
  • 1,179 days Big Tech Disappoints Investors on Earnings Calls
  • 1,180 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,181 days China Is Quietly Trying To Distance Itself From Russia
  • 1,182 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,186 days Crypto Investors Won Big In 2021
  • 1,186 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,187 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,189 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,190 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,193 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,194 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,194 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,196 days Are NFTs About To Take Over Gaming?
Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

Zombie Foreclosures On The Rise In The U.S.

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

Another Retail Giant Bites The Dust

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

  1. Home
  2. Markets
  3. Other

Fallen Angels and Rising Stars

Why the High-Yield Bond Boom Can Continue

Former junk bond king, Michael Milken, must be feeling a tinge of nostalgia -- boom times are back in the high-yield bond sector. But, this presents somewhat of a conundrum. On the one hand, global uncertainty remains high and forecasters are nearly falling over themselves to lower growth projections. Yet, at the same time, a deluge of capital is being directed at the most uncertain tranche of borrowers. This year, global bond issuance of the speculative-grade variety has swollen to more than USD 177 billion, up 96% over the same period last year. In the US alone, for the first nine months of 2010, companies have sold USD 172 billion in junk bonds -- already an annual record.

Fallen Angels and Rising Stars: Why the High-Yield Bond Boom Can Continue

 

Read the Report

Back to homepage

Leave a comment

Leave a comment