BTZ, a fixed income CEF, has a high 34% leverage ratio and invests in U.S. IG and HY bonds. Current credit spreads are very tight, and a mean reversion is expected in 2025, potentially leading to a ...

We assess the performance of FAs since Covid using the FTSE Time-Weighted Fallen Angel Bond Index (TWUSFA), which captures critical timing effects. We find a more favourable risk/return profile in FAs ...

The US investment-grade primary is quiet on Thursday, while the high-yield primary expects five issues to price. The LatAm corporate primary is looking busy today, with a handful of offerings lining ...

The US investment-grade corporate primary continues its steady pace of issuance on Tuesday, with at least six offerings adding to the 10 sold yesterday. The high-yield primary, which has become more ...

SINGAPORE, April 27 (IFR) - Credit trading in Asia was counterintuitive last week. To the point that one senior analyst in Singapore dubbed it "weird." In his words: "The market was very firm ahead of ...