High Yield Bond Issuance Hits Record In June, As Yields Reach New Lows |
July 04, 2014 | July 2014 Bond Updates |
Issuance hit a record in June as yields hit new lows, leading more opportunistic issuers to come out to take advantage of attractive rates and ongoing demand. The yield-to-worst on the S&P U.S. Issued High Yield Corporate Bond Index reached a 13-month low of 4.77% in late June, as the yield on the 10-year Treasury held in a 2.52-2.64% range for the month. |
View more at: http://www.forbes.com/sites/spleverage/2014/07/02/high-yield-bond-issuance-hits-record-in-june-as-yields-reach-new-lows/ |