While we continue to believe TXU TXU shares are currently overvalued, we plan to revisit our modeling assumptions following the release of second-quarter operating results Aug. 1 and will provide an updated report soon thereafter.
TXU continues to generate robust cash flows.
Investors should assess why they own high-yield bonds and what their expectations are going forward.
This article represents opinions of the author and not those of his firm and are subject to change from time to time and do not constitute a recommendation to purchase and sale any security nor to engage in any particular investment strategy. The information contained here has been obtained from ...
Volatility in Asia, subprime woes take market for a ride.
Corporate credit spreads are fairly valued--albeit at the tight end of the range that we view as fairly valued.
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.