Refine Search
Article Categories
Strategy Tags
Geography Tags
-
Pick refi candidates to outperform in high yield, says Barclays
11 years ago
With US high yield trading below 6%, investors in this asset class will need to pick winners among the riskier names to outperform -
Short US credit and go long Europe. says JP Morgan
11 years ago
Following the recent correction in credit spreads European non-financial credits are trading too wide, says JP Morgan -
Buy the technical sell-off in European credit, says BofA Merrill
11 years ago
The sell-off of recent days in European credit is driven mainly by technicals, and is now overdone, says BofA Merrill Lynch -
US rotation means euro credit will outperform, Axa says
11 years ago
Axa Investment Managers is set to keep faith with European credit markets in 2013, despite "eye -watering" returns this year, but is concerned that improving sentiment may prompt a shift out of US corporate bonds and into equities, the asset manager said in a note. -
European high grade credit will return 1.5% in 2013, says JP Morgan
11 years ago
Credit returns will be lower in 2013 than 2012, JP Morgan says, though CLOs look attractive -
French basis names are a buy with Europe set to outperform, BofA says
11 years ago
Investors should go long French names in CDS, which are trading wider than cash, and opt for Europe over the US, BoA says. -
Loans are now better value than high yield bonds, says Morgan Stanley
11 years ago
US leveraged loans offer compelling value compared to high yield bonds according to new analysis published by Morgan Stanley this week -
Buy Volkswagen and Arrow credit and short their shares, says SG
11 years ago
Investors should go long CDS of Volkswagen and Allianz and short the equity -
Investor should dump UK senior fins for covereds, says Barclays
11 years ago
UK senior unsecured financials have outperformed their secured counterparts in recent days, offering an opportunity for investors to arbitrage the spread contraction, according to Barclays. -
Fishknife - Credit traders should learn to love obscurity
11 years ago
Profits should be easier to find now that traders are out of the spotlight -
US CLO double Bs are hitting frothy secondary levels, says Wells Fargo
11 years ago
The spectacular recent rally in secondary CLO prices has driven prices of some US double Bs to frothy levels -
JP Morgan cools on credit and urges investors to buy downside protection
11 years ago
New research says investors should seek to get some downside protection -
Turn to Dax to hedge credit rally, suggests Barclays
11 years ago
Latest research suggests investors should go for cross asset plays -
Banks split over ECB corporate bond purchases
11 years ago
Goldman Sachs is betting that recent hints from the ECB over an expansion of its asset purchase programme may be good news for corporate bonds. JP Morgan, however, is not sure sure the ECB will make that decision. -
Market ignores senior bail-in risk, finds Morgan Stanley
11 years ago
Market implied recovery rates for senior financial bonds in Europe have changed little in recent years despite recent talk of senior bondholders taking losses -
US tranche rally leads to equity opportunity, Citi says
12 years ago
A sharp perceived reduction in US corporate jump risk since the New Year has sparked a rally in investment grade equity tranches -
Kinder Morgan's big deal could be a buying opportunity, says CreditSights
12 years ago
Kinder Morgan’s planned acquisition of El Paso, announced on Sunday, will see the gas pipeline operator’s debt balloon from $3.2 billion to $14.5 billion, probably leading to a sell-off in the company’s bonds -
Short-dated high yield tranche may be worth a play, says Citi
12 years ago
The recent sell-off has made some index equity tranches very attractive, argues Citi -
Double A corporates are a safe haven in a storm, says RBC
12 years ago
Well capitalised, cash rich and with little liquidity risk, double A corporates offer value for money -
Cable dispersion offers pair trade opportunity, says Barcap
12 years ago
Barclays Capital suggests a pair trade on European cable names -
Smaller bonds give a high yield premium, says Barclays Capital
12 years ago
Smaller bond issues have historically outperformed the broader US high yield market with lower volatility, points out Barclays Capital -
Libor floors are still positive for US CLO equity, argues Morgan Stanley
12 years ago
A newly published Morgan Stanley report points out that Libor floors in US loans are still providing a strong boost to US CLO equity distributions -
Switch to Indonesian coal miners for spread pick-up, says Barcap
13 years ago
Barclays Capital says that there are good opportunities for investors in Asian high yield bonds, as the market in the region has grown and matured -
European single Bs are cheap to US counterparts, says Barcap
13 years ago
Investors looking to take advantage of relative value in high yield on a global basis should switch out of European double Bs in favour of their US equivalents, says Barclays Capital -
Fall in realised vol offers scope for credit option plays, says Morgan Stanley
13 years ago
Realised volatility in credit indices has now fallen back to pre-crisis levels, says Morgan Stanley in a new report
Want all the latest news, comment, analysis and data?