Everyone is back from the JPM high yield credit conference, and the market is picking up today. Six drive-by deals were announced this morning, along with the two that were already on the calendar, so eight deals should price this … Continue reading →

High yield volume continues to be light as many market participants attend the final day of the annual J.P. Morgan high yield conference in Florida, while other factors such as the lack of a calendar, Bernanke testimony, and sequestration are … Continue reading →

The weakness in equities, especially into yesterday’s close, did not spill over in to high yield, as the market continues to trade with a firm tone. The high yield primary calendar has slowed significantly with only one deal coming yesterday, … Continue reading →

We have all witnessed a major move in Treasury rates over the last couple months, causing concern for many that we may well be in the early stages of a rising interest rate environment.  The traditional thought is that as … Continue reading →

Congress returns to session this week with sequester cuts as the top priority, and the focus of the market’s attention as we wind down the Q4 earning season. Fed chairman Bernanke will be speaking on Tuesday and Wednesday in front … Continue reading →

On concerns about the Fed’s stimulus efforts ending earlier than expected, we saw the S&P 500 post a decline for the week, despite an early strong start.  However in the high yield arena, the Merrill Lynch High Yield Index posted … Continue reading →

Here is the Peritus and AdvisorShares teams ringing the Opening Bell at the New York Stock Exchange on February 19, 2013.  

I have been an investor in the energy space for over 25 years.  Outside of interest rates, I don’t believe there is anything that dominates the global economy more than oil prices.  It is a product that touches every area … Continue reading →