Bonds https://www.benzinga.com/views/taxonomy/term/85 en 5 Reasons The Value Stock Rally May Run Out Of Steam https://www.benzinga.com/analyst-ratings/analyst-color/20/06/16161741/5-reasons-the-value-stock-rally-may-run-out-of-steam <p>The <strong>SPDR S&amp;P 500 ETF Trust</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/spy#NYSE">SPY</a>) has now rallied 37.3% since March 23, but there has been a subtle shift in market leadership in the past couple of weeks.</p> <p>Value stocks have outperformed growth stocks as buying volume has rotated out of the best-performing stocks of the year and into some of the laggards, but LPL Research analyst Jeffrey Buchbinder <a href="https://www.lpl.com/news-media/research-insights/weekly-market-commentary/stocks-rally-and-roll.html">said Monday</a>&nbsp;there are several reasons why value stocks&rsquo; time in the sun may be short-lived.</p> <h3>5 Reasons Growth Stocks Are Still King</h3> <p>Buchbinder said the impressive breadth of the stock market&rsquo;s rally off of March lows is encouraging for investors and suggests stocks are still a better bet than bonds overall for the remainder of 2020 and in the ...</p><p><a href=https://www.benzinga.com/analyst-ratings/analyst-color/20/06/16161741/5-reasons-the-value-stock-rally-may-run-out-of-steam alt=5 Reasons The Value Stock Rally May Run Out Of Steam>Full story available on Benzinga.com</a></p> Analyst Color Jeffrey Buchbinder LPL Research SPY VTV VUG Bonds Top Stories Markets Analyst Ratings Trading Ideas SPY US78462F1030 VTV US9229087443 VUG US9229087369 Analyst Color Bonds Top Stories Markets Analyst Ratings Trading Ideas Benzinga Tue, 02 Jun 2020 17:30:08 +0000 Wayne Duggan 16161741 at https://www.benzinga.com How The Coronavirus Has Impacted Index Funds https://www.benzinga.com/markets/bonds/20/05/16096699/how-the-coronavirus-has-impacted-index-funds <p><em>By Kris Lamey</em></p> <p>So far, the first half of 2020 has been widely defined by the <a href="https://www.benzinga.com/coronavirus-covid-19/">Coronavirus,</a> from the way we live our daily lives to the impacts on the wider economy and <a href="https://www.benzinga.com/markets">markets.</a> As schools, businesses and entertainment venues closed, millions of workers filed for unemployment and <a href="https://www.wealthsimple.com/en-ca/learn/index-funds">index funds</a> have reflected the country&#39;s growing uncertainty.</p> <p>Funds tied to the performance of the <a href="https://www.benzinga.com/topic/dow-jones-industrial-average">Dow Jones Industrial Average</a>, the <a href="https://www.benzinga.com/topic/s-p-500">Standard and Poor&#39;s 500</a> and other indexes reflect the uncertainty of the market as a whole. This has left investors looking for a safe place to put new and existing assets to ride out the tide and hopefully grow their wealth.</p> <p>A review of COVID-19&#39;s impacts on index and <a href="https://www.wealthsimple.com/en-ca/learn/what-is-etf">exchanged-traded funds</a> thus far this year can help investors decide where to invest their money safely to guard against future impacts of the global pandemic.</p> <h2><strong>Coronavirus Impact on Stocks in Q1</strong></h2> <p>In the first three months of the year, the stock market included highs and lows, as traders panicked and flooded the exchanges. The <a href="https://www.benzinga.com/general/education/20/03/15695021/circuit-breakers-learn-the-basics-of-these-market-wide-pauses">circuit-breakers</a> designed to curb panic trades kicked in four times in March alone. When triggered, the circuit-breakers halt all trades for 15 minutes to help the market right itself.</p> <p>To put this into perspective, the Securities and Exchange Commission required the circuit-breakers following the <a href="https://www.benzinga.com/general/education/17/10/10179050/barrons-looks-back-at-the-market-crash-of-1987">1987 market crash</a> when the DJIA fell 22.6%. However, the market-wide break has only taken effect once since 1997 &mdash; prior to the March market madness.</p> <p>The S&amp;P 500 triggered the <a href="https://www.benzinga.com/news/20/03/15582926/s-p-500-futures-level-2-circuit-breaker-would-occur-at-2-200-20">15-minute break</a> on March 9, 12, 16 and 18 when the index dropped 7% below closing from the previous day. Further, the Dow and the Nasdaq also trigger a circuit-breaker when the S&amp;P 500 does.</p> <p>To sum it up from another standpoint, the pandemic unleashed such uncertainty that two of the largest same-day drops in the DJIA happened in March 2020.</p> <h2><strong>Stimulus Package Boost Index Funds</strong></h2> <p>While the market continued to be shaky, good news in the form of a <a href="https://www.benzinga.com/news/20/04/15776073/fed-details-2-3t-in-stimulus-including-riskier-debt-purchases">$2 trillion stimulus package</a> boosted the Dow 11.4% in late March, while the S&amp;P 500 picked up 9.4% and the Nasdaq rose 8.1%. Some of those gains came and went but gave hope to beleaguered investors.</p> <h2><strong>Search for a Vaccine Rallies Index Funds</strong></h2> <p>In mid-May 2020, biotech firm Moderna reported that a COVID-19 vaccine it produced shows signs of effectiveness. This encouraged the company to move ...</p><p><a href=https://www.benzinga.com/markets/bonds/20/05/16096699/how-the-coronavirus-has-impacted-index-funds alt=How The Coronavirus Has Impacted Index Funds>Full story available on Benzinga.com</a></p> Bonds Education Futures Markets General Bonds Education Futures Markets General Benzinga Fri, 22 May 2020 18:50:23 +0000 Wealthsimple 16096699 at https://www.benzinga.com What The Yield Curve Is Saying About The Stock Market Rally https://www.benzinga.com/markets/bonds/20/05/16095768/what-the-yield-curve-is-saying-about-the-stock-market-rally <p>The <strong>SPDR S&amp;P 500 ETF Trust</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/spy#NYSE">SPY</a>) is up 31.8% since March 23, but many investors are skeptical of the rally given the ongoing global COVID-19 pandemic. Investors looking to confirm the recent rally has legs should look to the yield curve, according to Sevens Report Research&rsquo;s Tom Essaye.</p> <p>Essaye said&nbsp;the peaks of the last two bull markets in 2000 and 2007 were both marked by an investigation of the two-year and 10-year Treasury yields followed by a sharp steepening. Those two instances are marked in the chart below.</p> <p><img alt="" src="https://cdn.benzinga.com/files/u81483/unnamed_0.jpg" style="height:307px; width:525px" /></p> <p>Essaye said the good news for ...</p><p><a href=https://www.benzinga.com/markets/bonds/20/05/16095768/what-the-yield-curve-is-saying-about-the-stock-market-rally alt=What The Yield Curve Is Saying About The Stock Market Rally>Full story available on Benzinga.com</a></p> Sevens Report Research SPY Tom Essaye Bonds Broad U.S. Equity ETFs Markets Trading Ideas ETFs SPY US78462F1030 Broad U.S. Equity ETFs Bonds Markets Trading Ideas ETFs Benzinga Fri, 22 May 2020 17:45:21 +0000 Wayne Duggan 16095768 at https://www.benzinga.com 'Access, Clarity, Confidence': 280 CapMarkets Heads Strategic Initiatives, Transforms Fixed Income Through Technology https://www.benzinga.com/personal-finance/financial-advisors/20/05/16044470/access-clarity-confidence-280-capmarkets-heads-strategic-initiatives-transfor <p>Alongside the <a href="https://www.benzinga.com/coronavirus-covid-19/">COVID-19 coronavirus</a>, financial markets experienced a historic liquidation, with demand across many non-correlated assets plummeting.</p> <p>The resulting economic fallout and market inefficiencies leveled the playing field, turning the attention to newer, more nimble, technology-focused solutions.</p> <p>In light of the turmoil, veteran fixed-income expert <strong>Dave Rudd</strong>, co-founder, and president at <strong>280 CapMarkets</strong>, spoke with <strong>Benzinga</strong> regarding his firm&rsquo;s role in the transformation of fixed income through technology.</p> <h3>Volatility Negates Fairness</h3> <p>Debt markets are a means to facilitate the purchase or sale of contractual securities. Unlike equity markets, bond markets are often viewed as a safety due to the presence of obligation and deep liquidity.</p> <p>In the midst of the recent selloff, however, liquidity and efficient pricing dropped off a cliff.</p> <p>&ldquo;We&rsquo;re living in a world where, just today, we had an order on a million bond piece that was out for the bid, and we were the cover, but we were out by 8 points,&rdquo; said Rudd. &ldquo;That means we were the second-best bid, but we were eight points cheaper than the highest bid.&rdquo;</p> <p>Despite markets roaring back alongside the injection of unprecedented stimulus, infrastructure ...</p><p><a href=https://www.benzinga.com/personal-finance/financial-advisors/20/05/16044470/access-clarity-confidence-280-capmarkets-heads-strategic-initiatives-transfor alt=&#039;Access, Clarity, Confidence&#039;: 280 CapMarkets Heads Strategic Initiatives, Transforms Fixed Income Through Technology>Full story available on Benzinga.com</a></p> 280 CapMarkets Dave Rudd Financial Advisors Fintech Fixed Income Gurinder Ahluwalia Mutual Funds News Bonds Treasuries Economics Markets Personal Finance Interview ETFs News Mutual Funds Financial Advisors Fintech Bonds Treasuries Economics Markets Personal Finance Interview ETFs Benzinga Fri, 15 May 2020 15:08:13 +0000 Renato Capelj 16044470 at https://www.benzinga.com In A First, Bank Of America Sells Bonds To Fund Coronavirus Response https://www.benzinga.com/news/20/05/16040077/in-a-first-bank-of-america-sells-bonds-to-fund-coronavirus-response <p><strong>Bank of America Corporation</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/bac#NYSE">BAC</a>) has sold $1 billion in a corporate bond offering to raise funds for efforts against the novel coronavirus (COVID-19) pandemic, MarketWatch <a href="https://www.marketwatch.com/story/bank-of-america-sells-a-first-of-a-kind-covid-19-bond-2020-05-14">reported</a> Thursday.</p> <p>The Charlotte, a North Carolina-based banking giant, is the first major financial services company in the U.S. ...</p><p><a href=https://www.benzinga.com/news/20/05/16040077/in-a-first-bank-of-america-sells-bonds-to-fund-coronavirus-response alt=In A First, Bank Of America Sells Bonds To Fund Coronavirus Response>Full story available on Benzinga.com</a></p> BAC Bank of America Bond Offering Covid-19 Marketwatch News Bonds Financing Markets BAC US0605051046 News Bonds Financing Markets Benzinga Fri, 15 May 2020 09:10:35 +0000 Neer Varshney 16040077 at https://www.benzinga.com 3 Old ETFs Becoming New ESG Bond Funds https://www.benzinga.com/trading-ideas/long-ideas/20/05/16028681/3-old-etfs-becoming-new-esg-bond-funds <p>It&#39;s not uncommon for issuers of exchange traded funds to change a product&#39;s index or objective in an effort to gain traction with investors. Sometimes, an issuer will employ wholesale changes for several ETFs in a single day.</p> <p>That&#39;s what Deutsche Bank&#39;s DWS did on Wednesday, essentially burning down three interest rate hedged ETFs &mdash; perhaps wise in a low interest rate environment &mdash; and rebuilding those funds as fixed income environmental, social and governance <a href="https://www.benzinga.com/trading-ideas/long-ideas/20/04/15862253/a-long-short-etf-for-the-long-term">(ESG) products</a>.</p> <p>DWS is already a force in the equity-based ESG ETF arena, but the Wednesday product launches affirm what many market observers already knew: asset managers view the fixed income space as a <a href="https://www.benzinga.com/trading-ideas/long-ideas/19/11/14780609/going-green-is-worth-it-in-bond-etfs">major growth frontier for ESG investing</a>.</p> <p>Here&#39;s a look at the newest ESG bond ETFs.</p> <h3>Xtrackers Bloomberg Barclays US Investment Grade ...</h3><p><a href=https://www.benzinga.com/trading-ideas/long-ideas/20/05/16028681/3-old-etfs-becoming-new-esg-bond-funds alt=3 Old ETFs Becoming New ESG Bond Funds>Full story available on Benzinga.com</a></p> Long Ideas News SNPE Bonds Specialty ETFs New ETFs Markets Trading Ideas ETFs SNPE Long Ideas News Bonds Specialty ETFs New ETFs Markets Trading Ideas ETFs Benzinga Thu, 14 May 2020 17:25:10 +0000 ETF Professor 16028681 at https://www.benzinga.com The Fed Makes History Buying $750B In Corporate Bonds https://www.benzinga.com/news/20/05/16011333/the-fed-makes-history-buying-750b-in-corporate-bonds <p>The Federal Reserve is buying corporate bonds for the first time&nbsp;in an attempt to curb the economic fallout of the coronavirus.</p> <h3>Fed Says It&#39;s Trying To Improve Liquidity</h3> <p>The central bank will <a href="https://www.newyorkfed.org/newsevents/news/markets/2020/20200511">begin to purchase</a> $750 billion in corporate bonds Tuesday with its Secondary Market Corporate Credit Facility. The program will prioritize ETFs with investment-grade debt and some high-yield junk bonds. The Fed&rsquo;s Primary Market Corporate Credit Facility, which involves direct acquisition of corporate debt, will follow &ldquo;in the near future.&rdquo;</p> <p>&ldquo;Purchases will be focused on reducing the broad-based deterioration of liquidity seen in March 2020 to levels that correspond more closely to prevailing economic conditions,&rdquo; the Fed wrote in its <a href="https://www.newyorkfed.org/medialibrary/media/markets/SMCCF_Investment_Management_Agreement.pdf">investment management agreement</a>.</p> <p><strong>BlackRock, Inc.</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/blk#NYSE">BLK</a>) is managing the bond-buying program, which requires $75 billion in Treasury equity leveraged ...</p><p><a href=https://www.benzinga.com/news/20/05/16011333/the-fed-makes-history-buying-750b-in-corporate-bonds alt=The Fed Makes History Buying $750B In Corporate Bonds>Full story available on Benzinga.com</a></p> BLK Coronavirus Covid-19 DDS MDLZ MO News PYPL VFC Bonds Economics Federal Reserve Markets ETFs BLK US09247X1019 DDS US2540671011 MO US02209S1033 VFC US9182041080 MDLZ PYPL News Bonds Economics Federal Reserve Markets ETFs Benzinga Tue, 12 May 2020 16:07:54 +0000 Elizabeth Balboa 16011333 at https://www.benzinga.com How Artificial Intelligence Helped iFlip Save Investor Returns During The 2020 Market Crash https://www.benzinga.com/fintech/20/05/15984800/how-artificial-intelligence-helped-iflip-save-investor-returns-during-the-2020-market-crash <p>The markets are historically volatile during the&nbsp;<a href="https://www.benzinga.com/coronavirus-covid-19/">coronavirus</a>&nbsp;pandemic, throwing conventional risk management strategies&nbsp;out the window.&nbsp;</p> <p>Demand&nbsp;dissipated as investors and traders reduced risk into the drop.&nbsp;</p> <p>The <strong>Financial Learning Information Platform</strong>, or <strong>iFlip</strong>, a leading algorithmic intelligence wealth manager, said its trading strategies saved investors 28% in losses in the crash.&nbsp;</p> <h3>What Is iFip?</h3> <p>iFlip is a wealth management app that leverages mathematics to hedge investors out of the market when the risk of a trade is not worth the reward.</p> <p>The firm&rsquo;s investing tools and proprietary trading methods were pioneered by leading Wall Street Trader <strong>Kelly Korshak</strong>, iFlip&rsquo;s co-founder, who worked at the <strong>CME Group Inc </strong>(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cme#NASDAQ">CME</a>), CBOT, Tudor Group, Brevan Howard, and <strong>Deutsche Bank AG</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/db#NYSE">DB</a>).</p> <p>&ldquo;Through the use of AI, we are now providing access to long-term investment vehicles that were not available in the past,&rdquo; Korshak said in a statement to Benzinga in January.&nbsp;</p> <p>The platform reduces uncertainty through statistical modeling and AI, helping iFlip&rsquo;s S&amp;P 500 investors generate returns in excess of 400%, over a 15-year period.*&nbsp;</p> <h3>AI Pulls Back Before The Crash</h3> <p>In November, iFlip&rsquo;s algorithmic intelligence removed investors from the market due to the risk of near-term reversion.</p> <p>&ldquo;We got out originally in November of 2010,&rdquo; said Korshak. &ldquo;The algorithmic intelligence felt that the market was overbought.&rdquo;</p> <p>Back then, the ...</p><p><a href=https://www.benzinga.com/fintech/20/05/15984800/how-artificial-intelligence-helped-iflip-save-investor-returns-during-the-2020-market-crash alt=How Artificial Intelligence Helped iFlip Save Investor Returns During The 2020 Market Crash>Full story available on Benzinga.com</a></p> BAC Brevan Howard CBOT CCL CHEF Chef's CME CME DB Deutsche Bank Fintech iFlip Kelly Korshak Mutual Funds T Tudor Group XOM Bonds Emerging Markets Commodities Markets Tech Interview ETFs CME US12572Q1058 BAC US0605051046 CCL PA1436583006 DB DE0005140008 T US00206R1023 XOM US30231G1022 CHEF Mutual Funds Fintech Bonds Emerging Markets Commodities Markets Tech Interview ETFs Benzinga Fri, 08 May 2020 16:03:42 +0000 Renato Capelj 15984800 at https://www.benzinga.com Owens-Brockway Glass Container Inc. Launches $500 Million Bond Offering https://www.benzinga.com/pressreleases/20/05/g15966363/owens-brockway-glass-container-inc-launches-500-million-bond-offering <link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css" /> <p>PERRYSBURG, Ohio, May 06, 2020 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (the "Company") announced that Owens-Brockway Glass Container Inc. ("OB Glass"), an indirect wholly owned subsidiary of the Company, intends to offer, subject to market and other conditions, $500 million aggregate principal amount of senior notes due 2027 in a private offering to eligible purchasers under Rule 144A and Regulation S of the U.S. Securities Act of 1933, as amended (the "Securities Act"). OB Glass&#039;s obligations under the senior notes will be guaranteed on a joint and several basis by Owens-Illinois Group, Inc. ("OI Group") and certain U.S. domestic subsidiaries of OI Group that are guarantors under OI Group&#039;s credit agreement.<br /></p> <p>OB Glass intends to use the net proceeds received from this offering to (i) redeem the remaining €118 million aggregate principal amount (approximately $130 million based on the March 31, 2020 exchange rate of €1.00 = $1.101) of the outstanding 4.875% Senior Notes due 2021 issued by OI European Group B.V. ("OI Europe") and (ii) repay $105 million of outstanding borrowings under a bilateral term loan due 2021, with the remaining net proceeds to be used to redeem a portion of OB Glass&#039;s outstanding 5.000% Senior Notes due 2022.</p> <p>The senior notes and the guarantees have not been registered under the Securities Act, or applicable state securities laws, and will be offered only to qualified institutional buyers in reliance on Rule 144A under the Securities Act and to certain non-U.S. persons in transactions outside the United States in reliance on Regulation S under the Securities Act. Unless so registered, the senior notes and the guarantees may not be offered or sold in the United States except pursuant to an exemption from the registration requirements of the Securities Act and applicable state securities laws. Prospective purchasers that are qualified institutional buyers are hereby notified that the seller of the senior notes may be relying on the exemption from the provisions of Section 5 of the Securities Act provided by Rule 144A.</p> <p>The information contained in this news release is for informational purposes only and shall not constitute an offer to sell or the solicitation of an offer to buy the senior notes or the guarantees, nor shall there be any sale of the senior notes and the guarantees in any state or ...</p><p><a href=https://www.benzinga.com/pressreleases/20/05/g15966363/owens-brockway-glass-container-inc-launches-500-million-bond-offering alt=Owens-Brockway Glass Container Inc. Launches $500 Million Bond Offering>Full story available on Benzinga.com</a></p> OI Bonds Markets Press Releases Wed, 06 May 2020 13:00:10 +0000 Globe Newswire 15966363 at https://www.benzinga.com