High Yield Bond Prices Slide Again, Erasing July Gains |
August 07, 2013 | August 2013 Bond Updates |
The average bid of U.S. high-yield flow-name bonds in the secondary market fell 67 bps over the past three sessions, to 101.02% of par, yielding 7.77%, on Aug. 6, from 101.69% of par, yielding 7.61% on Aug 1, according to LCD, a division of S&P Capital IQ. |
View more at: http://www.forbes.com/sites/spleverage/2013/08/06/high-yield-bond-prices-slide-again-erasing-july-gains/ |
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