August 8, 2020 | Daily JAM, Friday Trick or Trend |
Our regular (or occasional or perhaps occasionally regular) Friday series (actually running on Saturday this week) Trick or Trend looks at what might (or might not) be emerging investible trends. Exclusively on JAM. This post won't run anywhere else. Ever. What does a...
May 12, 2020 | Daily JAM, Morning Briefing |
On March 23, the Federal Reserve announced that it would create a facility to buy corporate bunds and ETFs tracking the corporate bond market. That facility remained an all-talk/no-action vehicle until today when the New York Federal Reserve Bank announced that its...
March 20, 2020 | Daily JAM, Morning Briefing, Short Term |
In the credit markets investors and traders are selling everything. Safe. Risky. Doesn't make any difference. And that's creating a potential shortage of dollars. When you sell corporate bonds, you take dollars out of the credit market. When companies draw down credit...
March 11, 2020 | Daily JAM, Mid Term |
The yield spread between investment-grade corporate bonds and Treasuries climbed 11 basis points on Wednesday to 183 basis points. That's the biggest spread since 2016. The spread between high-yield (junk) bonds (with credit ratings below investment grade) also ended...
September 5, 2019 | Daily JAM, Morning Briefing |
Companies are set to borrow $74 billion in the investment-grade bond market this week. That's the most for a week since records began in 1972. The issuers include Coca-Cola (KO), Walt Disney (DIS), and Apple (AAPL). At least another $50 billion in corporate bond...
May 1, 2015 | Daily JAM, Friday Trick or Trend, Volatility |
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...