As credit spreads have tightened on a nearly continuous trend over the past year, they are becoming richly valued relative to their historical average.
Corporate credit spreads are fairly valued--albeit at the tight end of the range that we view as fairly valued.
Widening investment-grade credit spreads and rising interest rates lead to losses.
Rising interest rates have taken their toll, but as the Fed delays dialing back on stimulus, investors are poised to recapture some of their losses.
The corporate bond market will probably struggle to return much above break-even in 2014.
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Each specialty retail segment is not like the others; our analysts have scoured the industry’s credit offerings to find the best deals.
Our sector-by-sector take on the corporate credit markets, plus top bond picks.
Get our sector-by-sector take on the bond markets, plus our five best bond ideas.
A lot of progress has been made since the recession's retreat, but retailers haven't escaped yet.