Search Results for 'label/***CREDIT WATCH'

CREDIT WATCH: HIGH YIELD CREDIT SPREADS

As noted earlier with the VIX, high yield credit spreads are also down to their lowest levels in over six months.  Based on data from the Merrill Lynch High Yield Master Index, junk bonds are currently yielding 1,308 basis points above comparable treasuries.  These levels are by no means normal, but they are considerably better [...]

BARRON’S ALAN ABELSON: Don’t Bank on It

The banks have been the spark plug of this powerful stock-market rally, but past may not be prologue. Goldman’s missing month.
THE AMAZING RANDI. WE’D NEVER HEARD OF THE CHAP UNTIL last week, when we were indulging in an old habit that began way back when we were a copy boy (the journalistic equivalent of a [...]

Bloom or bust?

After months of gloom, some say the signs of economic revival are in full bloom. The Globe’s Barrie McKenna looks at the numbers and matches them with reality
Call them what you will: Glimmers of hope, tentative signs or green shoots. Hints of recovery are beginning to punctuate the pervasive gloom, and fears of economic cataclysm [...]