TITLE

High-Yield Spreads Will Narrow Further

AUTHOR(S)
Sheahan, Matthew
PUB. DATE
February 2010
SOURCE
Investment Dealers' Digest;2/5/2010, Vol. 76 Issue 5, p21
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article presents anticipation on the narrowing of junk debt spreads in the U.S. in 2010. According to Standard & Poor's Corp. (S&P) analyst, the constraining of spreads reflects an optimistic view in the credit markets, especially the anticipation for downgrades to decline gfrom near-record highs. The analysts anticipate that credit spreads will tighten further as the disconnecting of systemic to idiosyncratic remains to normalize credit pricing.
ACCESSION #
48351158

 

Related Articles

  • S&P: July Default Rate Hit 9.4%. Sheahan, Matthew // High Yield Report;8/10/2009, Vol. 20 Issue 32, p5 

    The article discusses the report of Standard & Poor's about the speculative-grade default rate which reached 9.4% in July 2009, an increase from 9.25% in June 2009. The rating agency sees the default rate to achieve 14% by June 2010. It furthers that Standard & Poor's distressed ratio was 30.2%...

  • Speculative-Grade Spreads Tighten. Sheahan, Matthew // High Yield Report;8/30/2010, Vol. 21 Issue 35, p12 

    The article focuses on a report by Standard & Poor's, which showed that speculative-grade spreads tightened as investment-grade spreads were retained.

  • S&P: Default Rate to Drop to 2.8%. Sheahan, Matthew // High Yield Report;7/26/2010, Vol. 21 Issue 30, p15 

    The article discusses the report of Standard & Poor's claiming that U.S. speculative-grade default rate will decline to 2.8% by June 2011.

  • S&P: Distressed Ratio Declining. Sheahan, Matthew // High Yield Report;9/28/2009, Vol. 20 Issue 39, p9 

    This article reports on the 23.5% drop in the U.S. distress ratio as of September 15, 2009, according to Standard & Poor's (S&P). For this month, the amount of affected debt dropped to 101.9 billion U.S. dollars from 116.4 billion U.S. dollars in August. S&P claims bank, insurance, media and...

  • S&P: Distressed Level Hits 17-Month Low. Sheahan, Matthew // High Yield Report;11/23/2009, Vol. 20 Issue 47, p17 

    The article focuses on a report issued by Standard & Poor's (S&P) which revealed that distressed debt in the U.S. has hit its lowest levels in 17 months. S&P has found that the distressed ratio reached 17% as of November 16, 2009, which is down from 18.7% in October 2009. It relates the decline...

  • Corp. Default Rate Reaches 9.2%. Sheahan, Matthew // High Yield Report;7/13/2009, Vol. 20 Issue 28, p1 

    The article focuses on a report issued by Standard & Poor's which noted that the U.S. speculative-grade corporate default rate reached 9.16 percent in June 2009. The yearly total number of companies that defaulted was 119 as another 18 companies defaulted in July. Spreads are still at...

  • S&P: Distressed Ratio Drops to 4.8%. Sheahan, Matthew // High Yield Report;3/31/2014, p6 

    The article reports on the decline in the U.S. distressed ratio in March 2014, according to ratings agency Standard & Poor's. Topics discussed include the average ratio recorded for the country, the drop in speculative-grade spreads and the decline in the number of distressed corporate entities....

  • S&P: Liquidity Returning to Debt Market. Kellerhals, Richard // Mergers & Acquisitions Report;8/31/2009, Vol. 22 Issue 35, p3 

    The article presents the outlook of analysts from Standard & Poor's (S&P) on the corporate credit markets of the U.S. The declining rate of downgrades in the past months is one of the factors that indicate that liquidity is returning to the corporate debt market according to S&P analysts. The...

  • S&P: Spread Volatility Will Continue. Sheahan, Matthew // High Yield Report;6/7/2010, Vol. 21 Issue 23, p8 

    The article focuses on a report issued by Standard & Poor's (S&P) which states that speculative-grade spread volatility in June 2010 may continue in the near term.

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics