|Last Price$23.97||Day Change (%)0.46%|
|Open Price$24.12||Day Change ($)0.11|
|Day Range23.76–24.14||52-Week Range18.11–25.25|
As of Fri 03/07/2014 04:25 PM EST | USD
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.
Despite their near-term challenges, we still see upside.
Widening investment-grade credit spreads and rising interest rates lead to losses.
Growing electricity demand in Texas, environmental legislation in California, federal emissions regulations, and increasing market uncertainty may help Calpine establish a moat.
Get our sector-by-sector take on the bond market, plus our five best bond ideas.