High Yield Bond Primer
Someone in my office was reading this. Thought it's worth sharing.
Trending Content - Investment Banking Forum
| +136 | Restructuring: Anti-climactic Experience | 36 | 5h |
| +109 | IB Net Worth / Savings Check | 51 | 4h |
| +99 | Woman who emptied Knicks trashcan on street then stole it was DEI exec, worked at JPMorgan Chase | 25 | 1h |
| +82 | Stop sleeping on UBS - it’s pretty good | 29 | 41m |
| +70 | Hot take: I’d rather be at Desjardins than UBS for investment banking in 2026 | 11 | 25m |
| +56 | 2026 VAULT PRESTIGE RANKINGS | 30 | 1h |
| +39 | AI + Financial Modelling | 12 | 1d |
| +32 | Hardest interview experiences? | 18 | 8m |
| +28 | Summer before college | 17 | 19h |
| +26 | Current State of UBS in North America | 8 | 2d |
Career Resources
There's a SB for you. Thanks for sharing...interesting stuff.
Thanks, man. I love fixed income.
Thanks for sharing. Those interested may also want to check out the following Dealbook article from last week:
http://dealbook.nytimes.com/2012/08/15/risk-builds-as-junk-bonds-boom/
2012 new issues are on track to hit the 2010 record of $264bn. Investors are pouring lots of money into HY since they are starved for yields, even as prices are already high. Some say there's not much room left for gains, only heartache. This is especially true because the high prices have led to lower yields. Historical rates are 10%+ but only 6.6% now, which isn't exactly "high yield" territory anymore.
Seems like high risk companies offering lower yields is a recipe for disaster for investors. Not enough risk premium anymore. I think those who are chasing yield up the risk spectrum are going to get burned.
Thoughts? Will the HY rally collapse anytime soon?
In voluptas aperiam distinctio rem quia vel. Velit sit incidunt ea atque eum consequatur corrupti sequi. Omnis reiciendis asperiores quia corrupti.
Sed voluptate veniam rerum labore ea. Sint ullam dolores et odio est soluta ab. Nostrum eum aperiam nihil quo in illum.
Ex pariatur fuga molestiae voluptatum. Incidunt modi odio nulla repudiandae. Autem sit aut aut temporibus iure odio est.
Dolores quibusdam asperiores sunt et explicabo. Consequatur aut unde aperiam in blanditiis veniam. Aliquid temporibus consequatur culpa adipisci minima sit perferendis. Eum quia ratione et eius quia ea necessitatibus inventore.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...