Glyn Kirk/Agence France-Presse/Getty Images Investors worried about recent turbulence in stocks may want to keep an eye on the near $ 1.5 trillion high-yield corporate bond market, to help gauge when a more substantial selloff in Wall Street might begin. Analysts often view ructions in the high-yield, or “junk-bond,” market …
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Rainbow, North East England. Owen Humphreys/Zuma Press Goldman Sachs has gotten on the bandwagon in terms of thinking defaults by speculative or “junk” rated U.S. companies won’t get a whole lot worse this year. Analysts at the bank this week cut their default forecast for the sector to 10.5% from …
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I know many us are tackling the to do list at home lately, right? One of my items has been to go through paper files we haven’t touched in years. Our file cabinet was overflowing (and the piles next to it were as well!). I finally got through all of …
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Kraft Heinz Co., the company that makes Kool-Aid and Velveeta, saw its bonds lose their investment-grade status and fall into “junk” territory after two credit ratings firms on Friday downgraded the debt. The moves by Fitch Ratings and S&P Global Ratings turned Kraft’s debt into a “fallen angel,” a term …
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