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High yield bonds

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  • Tuesday, 28 January, 2020
    Tail RiskJoe Rennison
    Energy companies are taking whatever cash they can

    Investors have been reminded that high returns come with high risks, as oil tumbles

  • Wednesday, 22 January, 2020
    AnalysisThe Big Read
    The new kings of the bond market

    The surge in exchange traded funds and portfolio trading is shaking up US fixed income, putting pressure on banks 

  • Tuesday, 14 January, 2020
    Lex
    High-yield bonds: cut and dried Premium

    Dry January may mean virtually no yield

  • Monday, 13 January, 2020
    Corporate bonds
    Crude recovery ‘throws lifeline’ to energy firms

    Brent rises almost one-fifth from December low to a $70-a-barrel high last week

  • Sunday, 12 January, 2020
    Corporate bonds
    Central-bank easing triggers record bond issuance

    Policymakers fret about soaring debt after companies issue more than $2.5tn in 2019

  • Thursday, 9 January, 2020
    Corporate bonds
    Santander to repay capital bond one year after spooking market

    Spain’s biggest bank will redeem €1.5bn of debt that tested investors’ nerves

  • Wednesday, 8 January, 2020
    Corporate bonds
    Risky corporate debt poses ‘stability concern’

    New York Fed researchers say spate of downgrades could create big problems

  • Thursday, 26 December, 2019
    Katie Martin
    Year in a word: negative yields

    By mid-2019, this once-unthinkable quirk of the bond market had exploded to extremes

  • Monday, 23 December, 2019
    ExplainerCharts that Matter
    How 2019’s mammoth bond rally buoyed entire eurozone

    Return of ECB’s debt-buying programme plays central role

  • Promoted Content
  • Friday, 20 December, 2019
    Moody’s warns on frothy US junk bond market

    Rally in riskier end of debt market has left asset class expensive relative to fundamentals

  • Thursday, 19 December, 2019
    Lowest-rated US bonds end the year with a bang

    Hunt for yield has spread into every corner of corporate debt market in 2019

  • Wednesday, 18 December, 2019
    Capital markets
    China vulture funds feast as corporate defaults rise

    Debt sell-off feeds fast-growing junk bond market worth more than Rmb1.2tn 

  • Monday, 16 December, 2019
    Capital markets
    Bond funds revel in white-hot year for fixed income

    Investors have added new money every week in 2019, extending a record run of inflows

  • Monday, 16 December, 2019
    Robin Wigglesworth
    Could private capital become the world’s latest ‘peso problem’?

    Historical data is not an infallible indicator of future performance

  • Monday, 9 December, 2019
    Tail RiskRobert Smith
    Tullow’s timely lesson on battered energy stocks

    The search for unfairly undervalued energy investments is peppered with difficulties

  • Saturday, 7 December, 2019
    Hedge funds
    Solus suffers after bad bets on failing companies

    Hedge fund hit by heavy redemptions as assets sink for second year in a row

  • Thursday, 5 December, 2019
    Markets InsightRobert Smith
    Direct lending has a transparency problem

    It is not easy for observers to see when investments turn sour

  • Wednesday, 4 December, 2019
    Twitter plans first foray into junk bond market

    Social media platform hopes to raise $600m after underwhelming third-quarter earnings

  • Monday, 2 December, 2019
    AnalysisFTfm
    Bond ETFs outshine equity rivals in 2019

    Investors plough $191bn into passive fixed-income vehicles that track the markets

  • Tuesday, 26 November, 2019
    Tail RiskRobert Smith
    UK mini-bond ban leaves ‘burritos’ on the menu

    Bar on products behind LC&F collapse does not stop groups raising funds for themselves

  • Monday, 25 November, 2019
    Markets InsightCorporate bonds
    Beware the dawn of the corporate dead

    Companies kept alive by low borrowing costs could make a downturn more gruesome

  • Wednesday, 20 November, 2019
    Tail RiskRobert Smith
    Relax . . . CLOs are nothing like as menacing as CDOs

    These vehicles for risky corporate loans are highly unlikely to blow up the financial system

  • Monday, 18 November, 2019
    Special ReportFTfm: Fixed Income
    Alarm sounds over heavy shorting of junk bond ETFs

    Funds’ holdings and ‘design flaws’ vulnerable to market downturn prompt concern

  • Friday, 15 November, 2019
    Tail RiskJoe Rennison
    Credit market fears have not been realised

    More supportive central bank policy has provided a prop as leveraged companies hold back

  • Thursday, 14 November, 2019
    UK politics & policy
    The private education risk premium

    Prices of private school retail bonds have dipped over recent months.

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