The high yield market wasted no time in slipping into its slower summer mode in secondary trading, as losses were larger than gains and volumes were down...
More bad economic news hit the markets last week, as high yield investors tried to keep playing it safe. The coming summer promises a further slowdown...
Despite more sour economic data, the credit markets appear to be holding steady on their way to recovery. Investors last week continued to proceed with caution as new issues on the primary market helped spread optimism...
Signs were good last week in the high yield market, and investors began perking up, confident that the spate of good economic news would not inveigle them to rush headlong into another bubble...
While last week brought the now-routine litany of bad news, high yield investors may be seeing a light at the end of the tunnel...