The corporate bond market will probably struggle to return much above break-even in 2014.
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.
Following is a roundup of stocks that recently jumped to 5 stars. By way of background, we award a stock 5 stars when it trades at a suitably large discount--i.e., a margin of safety--to our fair value estimate. Thus, when a stock hits 5-star territory, we consider it an especially compelling ...
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.
Get our sector-by-sector take on the bond market, plus our five best bond ideas.
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.
Would you rather invest in a portfolio in which more than half the stocks go up, or one in which only 40% of the stocks go up? Well, if you chose the former, you wouldn't be alone, but you might not end up any wealthier. The reason you wouldn't be alone is that people want to avoid losses--so much ...