Market Wrap

Summer Doldrums Arrive Early For HY

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...

Economy Still A Fright Fest For HY

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...

Cautious HY Recovery Keeps Rolling

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...

HY Speeds Up On Road To Recovery

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...