It's good to be a Blackstone (NYSE:BX) partner. Feeling its oats after the major rally in high-yield, the private-equity giant's Ascend Learning yesterday launched a CCC-rated...
DoubleLine founder and CEO Jeffrey Gundlach sees "real potential for negative surprises" in corporate credit."Investors need to go to strong balance sheets. This will be the way to...
Bank of America (NYSE:BAC) increases its U.S. high-yield bond default rate estimate for the next year to 5.5% from 4.25% due to volatility and tighter financial conditions.Estimate...
Junk investors pulled cash from U.S. high-yield funds for three straight weeks and seven of the last 12 weeks, with Lipper reporting an outflow of $828M last week.Yields rose...
JPMorgan Chase (NYSE:JPM) sees the pessimism in equity and high-yield bond markets as overdone, as it sees only a 20% to 30% chance of a recession in 2019, with an increased...
While it's been a harsh month for stocks, junk bonds are outpacing the S&P 500 this half, Bloomberg First Word reports.Overall junk bond supply has been soft, even with big...
JPMorgan (NYSE:JPM) holds onto the number one slot in U.S. high-yield bond underwriting rankings, but lost some ground, Bloomberg reports.JPM's market share slipped to 9.91% at the...
The yield on the Bloomberg Barclays (LON:BARC) US jumped to the highest since December 2016 with surging issuance and fund outflows, Bloomberg reports.While yesterday was the...
The debt load for U.S. corporations has reached a record $6.3T, according to S&P Global, as Wall Street investors brace for a stricter rate environment even as cash hoarding...
KKR Income Opportunities Fund (NYSE:KIO) declares $0.125/share monthly dividend, in line with previous.Forward yield 9.35%Payable May 31; for shareholders of record May 11;...