High Yield Bond Prices See Biggest Plunge In 3 Years |
| October 17, 2014 | October 2014 Bond Updates |
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The average bid of high-yield flow-name bonds dropped 223 bps in today’s reading, to 99.14% of par, yielding 7.62%, from 101.37, yielding 6.71%, on Oct. 9, according to LCD. All 15 constituents were in the red, some deeply so, and none lower by less than half a point. |
| View more at: http://www.forbes.com/sites/spleverage/2014/10/14/high-yield-bond-prices-see-biggest-plunge-in-3-years/ |
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