Junk Bond King News

Too Much JNK in the Trunk?

The following commentary comes from an independent investor or market observer as part of TheStreet's guest contributor program, which is separate from the company's news coverage. By David Gillie ... Click to view a price quote on JNK . Click to research the Financial Services industry.

Bond Market Analysis: Investors Loading Up on Corporates, Banks in 2012

The volatility, panic, and the resulting tightening of investors' purses that dominated credit markets for much of 2011 is giving way to calm, creating a flood of cash from investors now confident enough to put their money back into corporate bonds. Somewhat surprisingly, crisis-exposed financial institutions, even in Europe, have been able to take advantage.

TSX makes small gain on quiet trading day

U.S. markets were closed on Monday for the Martin Luther King Day holiday, making for a quiet day of trading despite Standard & Poor's downgrading of nine eurozone countries after market close on Friday, including France.

Posen leans towards £75b in extra QE

LONDON, Feb 3 — Bank of England policymaker Adam Posen looks set to vote for another cash injection for the faltering British economy next week, and expressed some confidence that other central bankers may join him. Posen suggested yesterday that he might vote for an extra £75 billion (RM358.5 billion) of quantitative easing next week — at the ...

TSX quiet on slow trading day with U.S. markets closed

Canada's benchmark stock index was showing a small gain as the close approached on Monday, a quiet trading day with U.S. markets closed for the Martin Luther King Jr. Day holiday.