This bond-market reality could crush investors’ hopes for a soft landing
The “junk spread” is abnormally low right now, and that elevates the risk of an imminent recession. The junk spread ...
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Black Friday often kicks off a year-end rally in corporate bonds
Stocks aren’t the only assets that tend to benefit from a seasonal year-end bounce after Thanksgiving. U.S. corporate bonds also ...
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‘Magnificent Seven,’ meet the ‘Junk Bond Five’ spurring rally in distressed debt
“Magnificent Seven,” meet the “Junk Bond Five.” The stock market isn’t the only place where a handful of companies are ...
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Amgen to cut about 450 jobs in second round of layoffs this year
Amgen Inc. on Thursday said it would lay off about 450 employees, or less than 2% of its workforce, as ...
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