Hints and tips:
...At the Hy-Vee supermarket, which boasted a “Blue Zones” checkout when the project was launched, staff say that is “long in the past”. That doesn’t mean nothing has changed....
...Then, in the shale bust of 2014-16, many energy firms once rated low-IG slid to high-HY, becoming one of the biggest segments in HY....
...For HY, investors are paid 2.5x and 2.8x more to own EM HY vs U.S. HY and EUR HY, respectively....
...A few weeks ago, to cite one example, the Paris-based HY-24 fund raised €2bn from entities such as TotalEnergies, Axa and Baker Hughes — and more funds are mooted....
...Volatility shocks in global growth assets normally generate pressure in other asset classes, including DM HY, EM Credit and EM local He pinpoints three major catalysts driving the sell-off: the vulnerability...
...In the end, the history of traditional HY bond funds is that this does not happen, and that is across three very ugly HY cycles....
...via buying a CDX.HY July butterfly....
...Bearish flows were driven almost entirely by $11bn redemptions from HY bond funds in June… On average, the new trading rule would have given 11 “buy” signals since 2001 for a median return of 3.9% over the...
...The actively traded iShares iBoxx HY Corporate Bond ETF experienced $300m in new inflows through Thursday, according to ETF.com....
...Idiosyncratic risks in HY portfolios are rising, as evidenced by falling base correlation (see Fig 3 (left)) and rising index dispersion (see Fig 3 (right))....
...Aisle411, which aggregates in-store product data from retail chains including Hy-Vee, Winco, Home Depot and Shop and Save, also offers product location to anyone who downloads its own app....
...It is also creating opportunities for small entrepreneurs like Vivian Wijaya, who runs Dr Vee Mangaka Club, a manga drawing school....
...Other US supermarkets are doing well too, Mr Dillon adds, but most of them are privately owned – Publix, HEB, Hy-Vee and WinCo....
...We ended up losing a predictable -575MM on HY shorts, however the IG hedge delivered only +50MM....
...Related links: HY yield-to-worst hits record low to start 2013 – IFR (Reuters) When stimulus becomes stealth nationalisation – FT Alphaville Japan plans ‘nationalisation’ of factories to save industry –...
...But we believe current level make decent entry points for a number of RV trades – we recommend adding exposure in the US over Europe, shifting from the softer core to the core, adding in IG over HY, moving...
...IEEE 1905.1 – Qualcomm’s Atheros division announced its Hy-Fi chip portfolio would comply with this recently approved draft standard for hybrid home networking....
...For the first time this year, Global Bond Funds suffered from net monthly outflows of $16bn in August, mostly due to redemptions from HY Funds. YTD bond inflows are still $99bn....
...One look at the fund’s prospectus reveals it’s stuffed with all sorts of short HY swaps — i.e. it’s very synthetic....
...Goldman Sachs Group Inc. and JPMorgan Chase & Co. are advising clients to buy speculative-grade debt in 2011, even after gains of 14 percent this year and a record 57.5 percent in 2009....
...(I guess we will see tomorrow) but if the gapping wider in IG, HY, and all US FINLs this afternoon is a guide, we suspect no....
...Buyers to drive harder bargains Outflows from HY funds last month peaked at USD 2.1bn for the week ended 12 May, according to EPFR’s data....
...Mr Weiss’s father, Hyman “Hy” Weiss, founded a 1950s doo-wop label. “The business hasn’t changed since my father’s day. It has, but it hasn’t,” he says. “One hit used to cover 10 misses....
...Related links: Country Garden reopens HY bond as buyers beg for more – EuroWeek Inflation in China at 15%?...
...Visteon is a constituent of the current Markit CDX HY index and has been a member of various off-the-run indices....
International Edition