High Yield Corporate Bond Market Summary – Week Ending 12/11/20
CPE 6.375 7/1/2026 ranked as the High Yield 'Winner' last week with a price increase of 31.7% to $50.26 as energy companies are gaining favor as Covid outlook improves.
CPE 6.375 7/1/2026 ranked as the High Yield 'Winner' last week with a price increase of 31.7% to $50.26 as energy companies are gaining favor as Covid outlook improves.
Metals & Mining was the IG industry 'loser' with 5yr yields increasing over 130bps last week.
SYNLAB EUR TL B3, a medical diagnostic services provider in Europe had strong quote activity with over 18 banks/dealers quoting this paper last week.
10yr Muni Bond benchmark yields increased 18bps across the muni sector last week, led by rising yields in Alaska and Kansas.
LUMN 5.125 12/15/2026 REGS saw increased quote activity last week with 69 quotes (High Yield corps) after beating earnings and increased collaboration with Zoom.
Consumer Services was the top IG Industry 'Winner' last week (increasing 9.6%) from the week prior.
TEXAS ST WTR DEV BRD was the #1 Most Quoted Muni last week, being quoted by 43 dealers.
ANASTASIA BEVERLY HILLS landed on our top weekly Syndicated Loans 'Winner' list last week with a 7.04% increase in price to $52.23 after announcing the brand's plans to expand global sales.
PEABODY ENERGY TL B continued it's slide as the top Bank Loan 'Loser' in Nov., with a 17.5% decrease in price to $25.70.