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Buying Junk Bonds Is the Top Contrarian Trade for 2024

(Bloomberg) Worries about an economic downturn aren’t enough to dissuade market participants from being bullish on risky debt as their top contrarian trade, according to the latest Bloomberg Markets Live Pulse survey.Most Read from BloombergBiden Has Wiped Away $127 Billion in Student Loan DebtAn Opioid-Like Drink Is Masquerading As a Wholesome Alcohol AlternativeXi Jinping’s ‘Old Friends’ from Iowa Get a Dinner InvitationTrump’s 40 Wall St. Loan Transferred to Special ServicerIceland Braces

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HNA Weighs Options for Avolon, Seaco Amid Refinancing Struggles

HNA Weighs Options for Avolon, Seaco Amid Refinancing Struggles
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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Chicken Tender Chain Sells $500 Million of Bonds in Debut Offering

Chicken Tender Chain Sells $500 Million of Bonds in Debut Offering
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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US Junk-Bond Funds Post the Biggest Outflow in Seven Months

US Junk-Bond Funds Post the Biggest Outflow in Seven Months
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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JPMorgan, Bank of America Dangle 14% Yield to Get Rid of Risky M&A Debt

(Bloomberg) Wall Street bankers are dangling one of the steepest discounts in recent memory to bond investors as they look to offload billions of dollars of debt that’s been stuck on their books for months.Most Read from BloombergCaesars Entertainment Paid Millions to Hackers in AttackCiti Plans Job Cuts as It Revamps Top Management StructureChina Sows Fresh Confusion About Apple With Security RemarksLuxury Cruise Ship Full of Australians Stuck in Greenland ArcticiPhone Pro’s Titanium Finish

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