Fixed Income

Corporate And High Yield Strategies

13 articles in this subtopic.

Green and Sustainability-Linked Bond Issuance

Green bonds and sustainability-linked bonds are not the same instrument.

intermediate 2026-04-28

Corporate And High Yield Strategies

Liquidity Buckets Within Corporate Debt Funds

Corporate debt funds balance liquidity needs with yield; structured buckets optimize resilience and returns in volatile markets.

intermediate 2025-12-26

Corporate And High Yield Strategies

Covenant-Lite Loans: Risks and Rewards

Covenant-lite loans trade a modest spread premium for recoveries 10-15 cents lower in default, a swap the math rarely justifies once losses are priced.

intermediate 2025-12-23

Corporate And High Yield Strategies

Analyzing Covenant Packages in New Deals

Mastering covenant analysis balances risk protection with deal execution in high-yield corporate debt.

intermediate 2025-12-13

Corporate And High Yield Strategies

Make-Whole Call Provisions Explained

Make-whole calls pay the present value of remaining cash flows at Treasuries plus a thin spread, leaving your credit-spread yield component unprotected.

intermediate 2025-10-15

Corporate And High Yield Strategies

Impact of Fed Policy on Credit Spreads

Fed policy shifts directly affect credit spreads, requiring Corporate and High-Yield investors to adjust duration and credit risk exposure dynamically.

intermediate 2025-09-20

Corporate And High Yield Strategies

Leveraged Loans vs. High-Yield Bonds

In corporate credit markets, understanding leveraged loans vs.

intermediate 2025-09-14

Corporate And High Yield Strategies

Credit ETFs and Creation/Redemption Mechanics

Credit ETF prices stay near NAV only while authorized participants can source the bonds; under stress, discounts can widen past 1% and exit costs multiply.

intermediate 2025-09-01

Corporate And High Yield Strategies

Credit ETFs and Creation/Redemption Mechanics

Authorized participants arbitrage credit ETF prices toward NAV via cash creation; LQD's -5% discount in March 2020 was price discovery, not malfunction.

intermediate 2025-08-23

Corporate And High Yield Strategies

Cross-Over Investors and Allocation Shifts

Rating mandates force IG funds to dump fallen angels 3-5 points below fair value; the BBB-BB spread signals when crossing into high yield pays.

intermediate 2025-08-21

Corporate And High Yield Strategies

Corporate Bond Structures and Shelf Registrations

Shelf registrations let issuers flood the market when spreads tighten; calls, sinking funds, and covenants decide whether a bond's spread pays fairly.

intermediate 2025-08-17

Corporate And High Yield Strategies

Building a Corporate Ladder Strategy

Corporate bond ladders solve a problem most income investors handle poorly: reinvesting maturing bonds at the worst possible time.

intermediate 2025-08-01

Corporate And High Yield Strategies

Event-Driven and Fallen Angel Opportunities

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intermediate 2025-08-01