PBOC Cash Injection May Dim Hopes For Stronger Easing
PBOC Cash Injection May Dim Hopes for Stronger Easing
Rising rates have pushed bond indexes into the red this year, but high-yield bonds, helped by tightening credit spreads in energy, have bucked the trend.
Canadian Retirees Win Duel Over Debts
We briefly examine the tightening credit market.
Jones Lang LaSalle should be able to weather upcoming merger of smaller peers.
We continue to expect that high-yield bonds will provide better returns than investment-grade as underlying rates tick up and moderate economic growth holds down defaults.