Monthly Archives: February 2015
Today’s Floating Rate Loan Market
Together the high yield bond and floating rate bank loan market total over $3 trillion.1 This has evolved into a significant, and growing asset class. With high yield bonds and loans now representing about 30% of corporate credit2, this market …
Peritus in the News
Peritus was mentioned in the article “ETF Chart of the Day: Return to Junk” by Paul Weisbruch of Street One Financial, on February 19, 2015.
High Yield in a Rising Rate Environment: Duration and Yield
We began February with a yield on the 10-year Treasury of 1.68% and today sit at 2.14%.1 All the concerns and talk of maybe even no rate rise this year that we saw in January, have turned to frequent mention …
Peritus in the News
Peritus was mentioned in the article “Potential Opportunities in Junk, High Yield Bond ETFs” by Max Chen of ETF Trends, February 17, 2015.
Alpha Generation for Active Managers
As we discussed in our recent blog (see “The Opportunity in Volatility”), we are currently seeing a lot of attractive opportunities in the high yield market—discounts and yields that we haven’t seen in some time. And while we have seen …
Peritus in the News
Peritus was mentioned in the article “Junk Bond ETFs Try to Shake Off Energy Pullback,” by Tom Lydon of ETF Trends, February 6, 2015.
The Opportunity in Volatility
It seems the best way to sum up on the markets of late is with the word “volatile.” We’ve seen surprise moves on the currency and interest rate front from the likes of Switzerland and Canada and the launch of …