The Donald Trump victory rally in equities has not correlated to its counterpart in the bond market. With investors feeling positive that the newest Presidential-elect can carry his business success with him to the White House, stocks have edged up significantly in the last month. Vanguard's S&P 500 Index ETF ($VOO) has risen nearly 6%, while junk bond yields have moved marginally.
Italian Bank Yields Spike Preceding December 4th Vote
Anxiety regarding Italy's constitutional referendum has waned on the country's banks, as investors flee industry debt leading up to Sunday's vote. Bank bonds saw yields climb close to the same levels experienced in Q1 - when markets slumped nearly the entire quarter.
Topics: High Yield, corporate bonds, market analytics, Pricing
Record Highs for Black Friday and Cyber Monday This Holiday Season
Black Friday and Cyber Monday traditionally serve as the kick off to the holiday shopping season. This year shoppers flocked to the retailers, online and offline, at record rates with Black Friday sales hitting its highest sales ever of $3.34 billion. Early indicators say that Cyber Monday sales will top out at around $3.36 billion, keeping its edge over Friday's sales record. As retailers gear up for the rest of the holiday season, see this week's retail industry top Gainers and Losers, through ADI's Market Analytics.
Topics: High Yield, corporate bonds, market analytics, cyber monday, Pricing
Following last week's presidential election, the bond markets were sent into a frenzy with anticipation that Trump's policies would lead to economic growth, and thus inflation. Today, Janet Yellen announced that an interest rate hike "could well become appropriate relatively soon", furthering the sentiment that an increase is coming in December. Through AdvantageData's Market Analytics, yields by industry can be tracked in real-time and broken out into Custom Indices.
Topics: High Yield, Investment Grade, Yields by Industry, Election, Janet Yellen
Corporate yields increased considerably following an upset victory from U.S. Presidential-elect Donald Trump on November 8th. This increase can be attributed to investors fleeing for the post-election rally in stocks due to Trump's promise of deregulation. This corporate bond sell-off is captured by the AdvantageData North American High Yield and High Grade Corporate Bond Indices.
Topics: High Yield, Investment Grade, emerging markets
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