USTs spiked 17 basis points on the short end and 15 to 12 10-years and out following the release, while triple-A curves saw yields rise two to five basis points, depending on the yield curve, in a more muted and typical reaction for the asset class.
Municipal bonds see losses in May bondbuyer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bondbuyer.com Daily Mail and Mail on Sunday newspapers.
Muni yields rose up to 13 basis points Wednesday, depending on the curve, coming on the tailwind of a market correction, said Brad Libby, a fixed-income portfolio manager and credit analyst at Hartford Funds.
IShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG – Get Free Report) saw unusually large options trading activity on Tuesday. Investors purchased 498,074 put options on the company. This represents an increase of 53% compared to the average volume of 324,637 put options. iShares iBoxx $ High Yield Corporate Bond ETF Price Performance Shares […]