Cracks in the red-hot U.S. high-yield bond market are starting to widen, with two junk-rated companies pulling their deals on Friday and U.S.-based high-yield funds suffering their second consecutive week of cash withdrawals. More »
Investors stocked up on safe-haven U.S.-based gold and bond funds ahead of France’s closely watched presidential election, while trimming purchases of European stock funds, Lipper data showed on Thursday. More »
Greg Peters at the Reuters Global Investment Summit in New York, November 17, 2015. REUTERS/Brendan McDermid PGIM Fixed Income senior portfolio manager Greg Peters said on Thursday that he has been reducing his overweight position in junk bonds because the “ri... More »
