Moody's: QE2 Should Continue to Thin HY Spreads
- Moody's: HY Spread Thinnest Since June 2008. Sheahan, Matthew // High Yield Report;12/21/2009, Vol. 20 Issue 51, p25
The article focuses on a report by Moody's Investors Service, which indicated that the spreads of high yield bonds are at their thinnest level since June 2008. This trend has been attributed to the liquidity restoration initiatives by the U.S. Federal Reserve. According to Moody's,...
- Rate Cut Seen Unlikely to Revive Junk. Tarquinio, J. Alex // American Banker;10/19/1998, Vol. 163 Issue 200, p23
Reports that observers expect the US Federal Reserve System's interest rate cut in the week of October 12-16, 1998 to have little effect on the moribund high-yield bond market. Junk bond market's tendency to track the stock market more closely than the credit market; Need for sustained renewal...
- Wall Street CMOs Crushed as Sales at 3-Year Low. // National Mortgage News;11/29/2012, Vol. 36 Issue 56, p3
The article offers information on the impact of the U.S. Federal Reserve's efforts related to the acquisition of mortgage bonds worth 40 billion, on the Wall Street's business in the U.S. It mentions that the UnitedHealth Group Inc. raised 2.5 billion dollars that would help the company in...
- Dealers Shed High Yield Bond Holdings. Sheahan, Matthew // High Yield Report;8/25/2014, p28
The article examines decline in holdings of high yield bond by dealers in the U.S. as of August 25, 2014. Reports show that the decline is amid a report from the Federal Reserve System, wherein dealers decreased their holdings of speculative-grade corporate bonds and junk bonds. Also mentioned...
- Fed's CP Plan Draws Interest of States. Temple-West, Patrick; Kaske, Michelle // Bond Buyer;10/8/2008, Vol. 366 Issue 32978, p1
The article reports on the plan of the Federal Reserve of the U.S. to buy commercial paper directly from issuers across the country. The plan, accordingly, is aimed at providing liquidity to the short-term market as well as prompting states to participate in the program. The Federal Reserve...
- Ken Leech: Market & Strategy Update, April 2015. // Money Marketing (Online Edition);4/21/2015, p3
The article reports on the positive view of Ken Leech, chief investment officer of American asset management company Legg Mason Inc., on the U.S. spread sectors and expects that the Federal Reserve will raise interest rates in September 2015.
- Fed's Beige Book Shows Higher CRE Loan Demand. Collins, Brian // Americanbanker.com;10/15/2014, p1
Demand for commercial real estate and business loans continued to rebound in many regions of the country over the past six weeks, the Federal Reserve Board said Wednesday.
- Zero Yield on Tsys Helps HY ... Eventually. // Leveraged Finance News;8/15/2011, Vol. 1 Issue 33, p1
The article focuses on the decision of the U.S. Federal Reserve to maintain interest rates, federal funds rate between 0 and 0.25% through mid 2013 and to continue reinvesting on Treasury notes. It says that keeping the interest rates will lead yield-hungry investor to the higher yielding,...
- Treasury 7-Year Notes Go at 1.813% High Yield. // Bond Buyer;9/25/2015, Vol. 1 Issue F337, p1
The Treasury Department auctioned $29 billion of seven-year notes, with a 1 3/4% coupon and a 1.813% high yield, a price of 99.587587.