Tag: Junk Bonds
Prophetic on Lehman in ’08, hedge fund operator claims rating agencies go too easy on debt-laden companies.
Baa–rated issues reach record, although defaults at this stage are not worrisome, Moody’s data indicates.
A wide gap between high-yield and 10-year Treasury signals a pending recession, says Natixis’ Lavorgna.
The firm points to stock rally and lower junk yields as key to New Year market sentiment.