Moody’s Investors Service reports that the global speculative-grade default rate increased to 2.0% in May from 1.7% in April.A year ago, the global speculative-grade default rate stood at 1.5%, it noted. In the first five months of 2008, the global default rate doubled itself from a level of 1.0% at the end of 2007.“Many speculative-grade […]
Even in a low-return environment, some of these funds manage to shine
The flight from credit-related investments means the usual rules don’t apply
Market conditions may ease later in the year
Bond funds can outperform other safe harbours, but care is needed
Level of financings expected to moderate this year, IIAC says
Firm says strong loonie and struggling economy good for bonds
US$86 billion scheduled to mature between 2008 and 2010
Turning to bonds options is a good strategy in the current environment as U.S. interest rates are likely to come down further
The recent turmoil has been profitable for bonds, but now is the time to position your clients for the market’s recovery