that the speculative-gradedefaultrate was at an eight-year low, but the U.S. defaultrate ... link of higher defaultrates and wider speculative-grade credit spreads. Investment ... Corporatebond issuance slowed in 2005 as corporations continued to generate
, defaultrates remained low. Going forward, market commentators expect forecastdefaultrates to pick up, albeit only modestly. But compared with rating agency forecasts made in September 2005, defaultrates are expected to rise more gradually. ... Chart 19 High-yield option-adjusted corporatebond spreads and global defaultrates High-yield defaultrate (left-hand scale) September 2005 forecast for defaultrate (left-hand scale) January 2006 forecast for defaultrate (left-hand scale
between ten and five-year government bonds 1.13 Five-year US credit default swap (CDS ... market economy funds 1.18 Speculative positions and the USD/EUR exchange rate 1 ... probability density of the USD/EUR exchange rate 1.21 Speculative positions on oil futures
the council can deliver a bond purchasing programme. CorporateBonds: The cost of insurance for bonddefaults increased in line with the ‘risk off’ theme. Irish ... IRISH GOVERNMENT BONDS Security RATING Coupon IRISH 5% 04/13 BBB+ IRISH 4% 01/14 BBB+ IRISH 4.5% 02/15 BBB+ IRISH 4.6% 04/16 BBB+ IRISH 5.5% 10/17 BBB+ IRISH 4 ... Government Bonds: The Irish 2 yr finished the week strong with yields at 2
and not the fund or its shares. Bondsrated BBB- and above are considered investment grade and those rated below BBB- are considered non-investment grade. nr-Securties not rated ... issues, but typically involve greater risk. Securities rated below investment grade
’s close return YTD return +11.17% +6.90% +18.25% S&P 500 DJIA Nasdaq Bonds Preference for high gradecorporates and emerging market debt Apr 6 Mar 30 Mar 23 2-yr Try: 5-yr Try: 10-yr Try: Currencies USD: Higher bond yields, better data likely driving USD ... and spending corporate cash, which argues that the US economy is unlikely to slip back ... For example, sharply declining unemployment rate often leads to upward equity market
in bonds and debentures and discount notes represent holdings in corporate ... such as foreign exchange rates and interest rates, will affect the Company’s income ... risks from changes in foreign exchange rates. The Company is exposed to foreign
Table 1 U.S. Early Warning Signals Of Default Pressure (cont.) Standard & Poor's speculative-grade outlook distribution (%) 88 (March) Ratio of downgrades to total rating actions (%) Proportion of speculative-grade issuance rated 'B-' or lower (%) U.S ... Among the indicators that have contracted are corporatebond spreads, lending conditions ... Many of the leading indicators of default have dropped from the dizzying
defaultrates within IG are completely unfathomable under almost all economic ... that the corporatebond market is closed for new issuance throughout 2009. This is highly ... Return (after defaults) 31 Dec 08 YE Forecast Duration EUR AA A BBB HY GBP AA A BBB
Engineer quantifying a total of 1 billion tonnes of resource feedstock at a grade of 23 ... of $7.50 and a SPECULATIVE BUY recommendation. Our NAV-based valuation has been ... INC. 1 MACKIE RESEARCH CAPITAL CORPORATION STRATEGIC METALS & CLEAN-TECH