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 ...
The corporate bond market will probably struggle to return much above break-even in 2014.
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.
Widening investment-grade credit spreads and rising interest rates lead to 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.
We've found some picks with home-run potential.