12/29/2017 | HY | Market Commentary: Outlook 2018: High-yield primary expected to generate $270-$350 billion of issuance in year ahead
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12/22/2017 | HY | Market Commentary: Junk quiet in pre-holiday session; Medical Properties Trust off, Valeant up; Kindred ends week up
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12/22/2017 | HY | Market Commentary: Morning Commentary: Liquidity ultra-thin as curtain drops on 2017; Thursday cash flows flat
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12/21/2017 | HY | Market Commentary: Primary quiet as holiday nears; CalRes, Valeant, new Mattel up, funds plunge $1.11 billion
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12/21/2017 | HY | Market Commentary: Morning Commentary: Remington bonds weaken further as Moody's notches rating down to Caa3
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12/20/2017 | HY | Market Commentary: Primary silent as year-end lull begins; new Mattel notes busy, steady; Fresh Market continues rebound
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12/19/2017 | HY | Market Commentary: Lonestar prices to clear calendar; new Mattels busy but easier; Kindred gains continue
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12/19/2017 | HY | Market Commentary: Morning Commentary: Frontier bonds week as late-year liquidity thins; Lonestar alone in the primary
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12/18/2017 | HY | Market Commentary: Fortress prices upsized add-on, Lonestar ahead; new Mattel busy; Kindred jumps on Humana talks
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12/15/2017 | HY | Market Commentary: Mattel prices $1 billion issue to cap slower $5 billion week; more PetSmart punishment
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12/15/2017 | HY | Market Commentary: American Midstream, SunCoke drive by; PetSmart pounded again; funds lose $922 million
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12/14/2017 | HY | Market Commentary: Morning Commentary: American Midstream, SunCoke on tap; Mattel’s $1 billion could price Thursday
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12/13/2017 | HY | Market Commentary: Revamped Cooke Omega deal prices, Mattel ahead; new Iron Mountain, Whiting, Churchill deals trade actively
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12/13/2017 | HY | Market Commentary: Morning Commentary: Tidewater launches C$100 million notes; new Whiting Petroleum bonds trade up
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12/12/2017 | HY | Market Commentary: Upsized Whiting megadeal, Iron Mountain lead $2.63 billion day; new Whiting jumps; more PetSmart punishment
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12/11/2017 | HY | Market Commentary: NFP prices add-on; Standard does a split-rate; recent Valeant again firms; Algeco up on financing news
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12/8/2017 | HY | Market Commentary: ACE Cash, Itron, revamped BMC close $11.2 billion primary week; new Jeld-Wen busy
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12/7/2017 | HY | Market Commentary: Primary surge resumes, Jeld-Wen, Vantiv lead; new Mercer up more; funds add $217 million
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12/6/2017 | HY | Market Commentary: Primary pace slackens as Mercer brings sole dollar deal; recent issues lead actives list; Claire’s climbs on results
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12/5/2017 | HY | Market Commentary: Quicken megadeal paces second straight $3.5 billion day; heavy trading in new Valeant, older bonds busy too
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12/5/2017 | HY | Market Commentary: Upsized Valeant, Continental Resources megadeals lead $3.5 billion session; energy surges despite crude fall
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12/1/2017 | HY | Market Commentary: Icahn megadeal leads busy day, caps $13 billion week; new deals active; oil names surge
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12/1/2017 | HY | Market Commentary: Morning Commentary: Platform Specialty brings drive-by tap; new NRG makes strong showing
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11/30/2017 | HY | Market Commentary: Rexnord, Navient add-on, revived NRG price, new issues active; funds snap skid, gain $310 million
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11/29/2017 | HY | Market Commentary: Upsized Telenet megadeal, PQ price, new PQ firms; Tuesday deals active; Guitar Center shrugs off downgrade
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11/28/2017 | HY | Market Commentary: TerraForm, Post, Endeavor price megadeals; new Post paper active, along with Starwood; market mostly softer
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11/27/2017 | HY | Market Commentary: Starwood REIT, Five Point add-on deal drive by; TerraForm on tap; GNC pulls offering; TIME up on buyout news
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11/22/2017 | HY | Market Commentary: Primary silent in shortened pre-holiday session; new Williams Scotsman busy, better; CalRes up as crude jumps
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11/22/2017 | HY | Market Commentary: Morning Commentary: New Williams Scotsman paper smartens in otherwise quiet market
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11/21/2017 | HY | Market Commentary: Williams Scotsman sole dollar deal in quieter primary; recent issues busy; Neiman Marcus gains after numbers
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11/20/2017 | HY | Market Commentary: Bombardier, downsized Weight Watchers lead busy primary; new bonds active; Community Health notes off
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11/17/2017 | HY | Market Commentary: Hess, Match, Five Point, Welltec cap $8.36 billion week; energy rise continues
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11/16/2017 | HY | Market Commentary: MultiPlan leads $2 billion primary, market firms broadly; funds plunge $4.4 billion
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11/15/2017 | HY | Market Commentary: Centennial is lone pricing as primary calms; some Tuesday deals busy; Murray slides as Bowie buyout dies
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11/15/2017 | HY | Market Commentary: Morning Commentary: Junk slips ¼ to ½ point, Verisure talks €1.15 billion two-part bond offering
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11/14/2017 | HY | Market Commentary: Lennar megadeal, Valeant add-on pace $3.8 billion primary day; energy names off on crude oil plunge
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11/13/2017 | HY | Market Commentary: Resolute deal on, then off; Valeant shops add-on; Rite Aid firms; market weakens as daily outflows swell
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11/10/2017 | HY | Market Commentary: Michael Baker prices to cap $4.7 billion week; Canyon pulls deal; Penney pops on numbers
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11/10/2017 | HY | Market Commentary: Platform, Precision, Titan price, trade actively; market weak again; funds out $622 million
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11/8/2017 | HY | Market Commentary: Kratos, upsized B&G drive-by price; new Kratos gains; overall market weak; Windstream slide continues
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11/7/2017 | HY | Market Commentary: Primary quiets down, though Michael Baker slates deal; new QEP steady; Windstream falls; oils, Valeant jump
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11/7/2017 | HY | Market Commentary: Morning Commentary: Valeant, California Resources outperform flat junk market; Michael Baker eyed
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11/6/2017 | HY | Market Commentary: QEP drives by, firms; delayed Windstream also prices; Sprint dives as merger dies; energy surge continues
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11/3/2017 | HY | Market Commentary: Acrisure caps $6.7 billion week; Thursday deals busy and better; oil names jump with crude
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11/3/2017 | HY | Market Commentary: Morning Commentary: Acrisure, Windstream bonds on tap; primary supply tops $5.5 billion for week
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11/2/2017 | HY | Market Commentary: Navistar megadeal paces $2.6 billion day, new Constellium busy; funds dive $1.2 billion
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11/1/2017 | HY | Market Commentary: CyrusOne two-part deal prices; Harland Clarke busy but unchanged; Frontier, Community Health, Tesla fall
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10/31/2017 | HY | Market Commentary: Downsized Harland Clarke, Consol price firm in busy trading; Murray Energy slides amid Bowie news
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10/30/2017 | HY | Market Commentary: Downsized Consol launches; Harland Clarke on tap; Acrisure slates; Dynegy up on merger news; Sprint off
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10/30/2017 | HY | Market Commentary: Morning Commentary: High-yield primary week begins quietly; three bond offerings being shopped
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10/27/2017 | HY | Market Commentary: FXI, goeasy, CURO deals cap $6 billion week, new FXI notes firm; Intel, Penney fall
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10/27/2017 | HY | Market Commentary: Morning Commentary: FXI, Consol Mining, goeasy seen pricing dollar-denominated deals Friday
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10/26/2017 | HY | Market Commentary: Warrior, Brand price, new QTS firms; Rite Aid off on Amazon fears, funds gain $123 million
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10/25/2017 | HY | Market Commentary: Quality Tech drives by; new Wind Tre, Netflix off in busy trading; Staples slides, Bombardier battered
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10/24/2017 | HY | Market Commentary: Wind Tre prices $2 billion dollar deal as part of giant transaction; new notes trade up; Netflix, GSL busy
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10/23/2017 | HY | Market Commentary: Netflix megadeal, Global Ship Lease price; FXI, Consol offerings slate; new GSL firms; recent issues active
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10/20/2017 | HY | Market Commentary: Harland Clarke, Global Ship deals slate in quiet session, closing $961 million week
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10/19/2017 | HY | Market Commentary: Europe takes primary spotlight; Windstream, Uniti gain on exchange offer; funds lose $450 million
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10/18/2017 | HY | Market Commentary: Nathan’s prices, pops, dollar primary otherwise quiet, euro market busy; hospitals mostly off; SuperValu gyrates
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10/17/2017 | HY | Market Commentary: Xplornet add-on prices, Nathan’s slates; Bombardier flies on Airbus deal; Toys up on Asia IPO talk
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10/17/2017 | HY | Market Commentary: Morning Commentary: Possible Asian venture lifts Toys ‘R’ Us; Explornet brings $25 million tap
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10/16/2017 | HY | Market Commentary: Pattonair prices; new Friday names busy; Ruby Tuesday jumps on buyout; hospitals steady after Friday drop
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10/13/2017 | HY | Market Commentary: UPC, Catalent, Vine price deals; new attack on ACA roils hospitals
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10/12/2017 | HY | Market Commentary: Tekni-Plex prices below talk; energy names droop with crude; funds gain $967 million
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10/11/2017 | HY | Market Commentary: Beacon Roofing, Simmons Foods lead $2.25 billion primary day, new Simmons bonds busy; Rite Aid, Toys tumble
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10/10/2017 | HY | Market Commentary: Charter two-part, Targa drive by; new West, Parsley, PlastiPak deals busy; oil names push up, Neiman Marcus gains
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10/10/2017 | BKHY | Market Commentary: S&P lowers Waste Industries
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10/6/2017 | HY | Market Commentary: Dominion, Plastipak cap $10 billion week; junk soft after jobs data; recent deals dip
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10/5/2017 | HY | Market Commentary: Junk ends firm; Parsley, Brinks, Gulfport price, trade up; recent issues active, strong
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10/4/2017 | HY | Market Commentary: Transocean, Jaguar price; new issues share spotlight with Intelsat; Windstream bonds gain
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10/3/2017 | HY | Market Commentary: Downsized West, upsized Energy Transfer, PBF add-on price; existing Valeants fall; Intelsat improves
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10/3/2017 | HY | Market Commentary: Crown Rock, Valeant, Scientific Games drive by; Crown Rock, Games gain; new Caesars notes busy, Murray up
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9/29/2017 | HY | Market Commentary: Caesars prices $1.7 billion, gains in trading; Jonah stays firm; Valeant up on asset sale
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9/28/2017 | HY | Market Commentary: Upsized SBA, Jonah deals price, gain; Rite Aid retreats; funds add $433 million
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9/27/2017 | HY | Market Commentary: Chesapeake, United Airlines, Griffon deals drive by; new Pilgrim’s Pride pops; Bombardier battered
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9/26/2017 | HY | Market Commentary: Upsized Pilgrim’s Pride prices; new Beazer, Seven Generations, Avantor busy; steel strengthens
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9/25/2017 | HY | Market Commentary: Seven Generations, Beazer, GTT, Masonite drive by, calendar builds; energy names jump on crude gains
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9/22/2017 | HY | Market Commentary: Avantor sells $4.1 billion; new Allison, Cincinnati Bells active; Sprint up on T-Mobile news
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9/21/2017 | HY | Market Commentary: Allison prices; new deals take focus; Anadarko dips on share repurchase; telecom falls
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9/20/2017 | HY | Market Commentary: Upsized Multi-Color, Mattamy deals, Gogo drive-by price; new bonds firm; energy names up
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9/19/2017 | HY | Market Commentary: Wrangler, JPW, Holly price as pace slackens; new deals better; Toys up after filing; Rite Aid off on revised deal
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9/19/2017 | HY | Market Commentary: Restaurant Brands, NextEra megadeals drive by; Restaurant rises; Toys ‘R’ Us off again on Chapter 11 talk
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9/15/2017 | HY | Market Commentary: TTM, Wabash, SemGroup, Wild Horse cap nearly $12.4 billion week; Toys tumbles anew
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9/15/2017 | HY | Market Commentary: TTM, Wabash, SemGroup, Wild Horse cap nearly $12.4 billion week; Toys tumbles anew
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9/14/2017 | HY | Market Commentary: Avolon leads primary steamroller, Delphi, iStar, Tronox also price; funds lose $96 million
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9/13/2017 | HY | Market Commentary: Viking Cruises, TriMas, Alliant price as issuance pace slows; new deals continue to rule secondary; energy gains
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9/12/2017 | HY | Market Commentary: Giant-sized SoftBank plus Cheniere and Golden Nugget megadeals lead $7.2 billion session, year’s biggest day
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9/11/2017 | HY | Market Commentary: Southwestern Energy megadeal, Ladder, El Dorado drive by; new United Rentals busy and better
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9/8/2017 | HY | Market Commentary: United Rentals closes $5.6 billion week; new deals busy; Toys, hospitals, grocers off
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9/7/2017 | HY | Market Commentary: ViaSat, Station, LPL, MGM price in $2 billion session; Toys down again, hospitals off
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9/6/2017 | HY | Market Commentary: Iron Mountain, Steel Dynamics drive-bys end primary drought; Toys ‘R’ Us tumbles on bankruptcy talk
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9/5/2017 | HY | Market Commentary: Avantor, Golden Nugget megadeals, ViaSat hit road as market reopens after holiday; Tesla again busy
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9/1/2017 | HY | Market Commentary: Junk market calm pre-holiday; Europe readies two deals; Tenet busy, Tesla keeps firming
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8/31/2017 | HY | Market Commentary: European primary sees activity; Tesla, other recent deals busy; funds lose $277 million
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8/31/2017 | HY | Market Commentary: Primary lull continues, though September pick-up seen; Tesla again volume leader; grocers still groaning
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8/30/2017 | HY | Market Commentary: Morning Commentary: Hedge funds push around Staples and Tesla as low liquidity zaps junk market
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8/29/2017 | HY | Market Commentary: Primary stays becalmed; new Tesla tops actives; supermarkets remain under pressure; energy quiets down
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8/28/2017 | HY | Market Commentary: Primary silence continues; Harvey has mixed energy impact; supermarkets retreat continues
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8/28/2017 | HY | Market Commentary: Morning Commentary: Illiquid high-yield market opens week flat; funds see mixed Friday flows
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8/25/2017 | HY | Market Commentary: Primary closes inactive week; oil names up, Cheniere unit off as Harvey nears; grocers down
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8/25/2017 | HY | Market Commentary: Morning Commentary: Late summer liquidity continues to thin; junk funds see mixed Thursday flows
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8/24/2017 | HY | Market Commentary: Primary stays still; Tesla tops actives, Murray retreats again; funds lose $1.01 billion
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8/24/2017 | HY | Market Commentary: Morning Commentary: Murray Energy bonds unchanged following lender presentation; primary quiet
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8/23/2017 | HY | Market Commentary: Primary lull continues; Murray Energy mauled; new Tesla notes stay active; Algeco Scotsman off again
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8/23/2017 | HY | Market Commentary: Market heavy as investors take battered names lower; primary quiet
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8/22/2017 | HY | Market Commentary: Primary quiet; Tesla again busy and better; Algeco active on asset sale; PetSmart problems continue
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8/21/2017 | HY | Market Commentary: Primary market falls silent as mid-summer lull likely begins; Tesla trades up, but Staples still struggles
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8/21/2017 | HY | Market Commentary: Morning Commentary: New Enova bonds trade above new issue price; funds see Friday outflows
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8/18/2017 | HY | Market Commentary: Enova caps slower $4.4 billion week; Tesla, Staples pressured; Calpine mostly off on buyout
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8/18/2017 | HY | Market Commentary: Morning Commentary: Enova sells $250 million; recent issues mixed; ETFs see big Thursday outflow
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8/17/2017 | HY | Market Commentary: H&E Equipment drives by, firms; recent issues lose ground; funds plunge $2.19 billion
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8/17/2017 | HY | Market Commentary: Morning Commentary: H&E Equipment brings $750 million drive-by; Alta Mesa trades sharply higher
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8/16/2017 | HY | Market Commentary: New high-yield bonds eyed; Tesla trades active; Staples’ new issue hits par; Trinseo performs well
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8/15/2017 | HY | Market Commentary: Upsized Big River Steel, Trinseo, downsized Club Corp. price; new Staples struggles; Tesla also troubled
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8/15/2017 | HY | Market Commentary: Morning Commentary: Big River Steel, ClubCorp, Trinseo on deck; new Staples 8½% notes active
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8/14/2017 | HY | Market Commentary: AES drive-by prices; Staples downsizes megadeal; busy Tesla trading; Calumet bonds jump on asset sale
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8/11/2017 | HY | Market Commentary: Tesla megadeal caps $8 billion week, eases slightly; Thursday deals busy; Hexion gets hit
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8/11/2017 | HY | Market Commentary: Morning Commentary: Tesla on deck with $1.5 billion notes, could upsize; Hexion trades down
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8/10/2017 | HY | Market Commentary: Parexel, Cable & Wireless price, Parexel gains; PetSmart pounded; funds gain $124 million
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8/10/2017 | HY | Market Commentary: Morning Commentary: Tesla sets talk on $1.5 billion deal; junk continues Wednesday slide
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8/9/2017 | HY | Market Commentary: TMS Int’l, David Weekley, Clear Channel Outdoor price; Hertz heads higher, Valeant gives up gains
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8/9/2017 | HY | Market Commentary: Morning Commentary: Clear Channel Outdoor brings $125 million tap; junk slips amid stock sell-off
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8/8/2017 | HY | Market Commentary: Upsized Restaurant Brands megadeal, Triumph and WPX price; new Dynegy paper busy; Valeant jumps
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8/8/2017 | HY | Market Commentary: Morning Commentary: New issue market active; health care names in spotlight; Valeant up 2 points
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8/7/2017 | HY | Market Commentary: Genesis Energy, upsized Dynegy and Post deals drive by, trade busily; new Murphy Oil tops actives list
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8/4/2017 | HY | Market Commentary: Murphy caps $7.5 billion week, firms in trading; new Valvoline, Charter busy; Revlon up
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8/3/2017 | HY | Market Commentary: Primary rolls on with Charter, Superior, Cornerstone, Valvoline; funds gain $195 million
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8/2/2017 | HY | Market Commentary: Primary pace quickens as Ashtead megadeal, Sirius add-ons, and AK price; new U.S. Steel, Diamond active
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8/1/2017 | HY | Market Commentary: U.S. Steel, Diamond Offshore, Penske price to open August; new Penske bonds jump; Hertz rebounds
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7/31/2017 | HY | Market Commentary: Cliffs add-on, M/I Homes price; new M/I gains; recent issues busy; Hertz, Charter seen lower
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7/28/2017 | HY | Market Commentary: In-demand AssuredPartners, United Rentals cap nearly $3.5 billion week, new issues move up
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7/28/2017 | HY | Market Commentary: Morning Commentary: United Rentals drives by; AssuredPartners upsizes; Goodyear bonds weaken
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7/27/2017 | HY | Market Commentary: Vivint prices; recent NGPL stays busy; Intelsat gains, hospitals off, funds lose $21 million
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7/26/2017 | HY | Market Commentary: Ashton Woods prices, firms; new NGPL tranches jump on big volume; energy upturn continues
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7/26/2017 | HY | Market Commentary: Morning Commentary: Cornerstone Chemical joins thin July calendar; Ashton Woods on deck
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7/25/2017 | HY | Market Commentary: NGPL PipeCo prices $1.4 billion two-part drive-by deal; energy climbs on crude price surge; healthcare lower
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7/24/2017 | HY | Market Commentary: Primary quiet, Vivint on tap; new Jefferies, AMC, Waterworks busy; Scientific Games gains on results
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7/21/2017 | HY | Market Commentary: DAE megadeal prices, moves up; new Jefferies firmer; energy off, Rite Aid streak ends
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7/21/2017 | HY | Market Commentary: Morning Commentary: DAE launches $2.3 billion; hospital paper firms on failure to undo ACA
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7/20/2017 | HY | Market Commentary: Jefferies prices, new Jefferies, Waterworks, AMC active; funds jump $2.22 billion
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7/19/2017 | HY | Market Commentary: Upsized AMC drive-by, Waterworks price; new AMC, Extraction O&G firmer; Rite Aid gains continue
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7/18/2017 | HY | Market Commentary: Extraction O&G, Midcontinent add-on price; new Extraction improves; Lithia holds gains; Rite Aid rises
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7/17/2017 | HY | Market Commentary: Lithia prices, rises; new Hovnanians continue climb; Valeant firms on asset-sale news
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7/14/2017 | HY | Market Commentary: Hovnanian prices, new notes busy, firm; new McLaren gains; Sprint up on talks report
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7/13/2017 | HY | Market Commentary: U.K.’s McLaren prices secured deal; Intelsat active; funds fall by $1.14 billion
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7/12/2017 | HY | Market Commentary: Grinding Media/Moly-Cop price add-on; Hovnanian, McLaren on tap; NRG up on revamp plan, Halcon stays busy
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7/11/2017 | HY | Market Commentary: Hovnanian shops two-part secured deal; Halcon bonds jump on asset sale, note buyback plan; Frontier off
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7/11/2017 | HY | Market Commentary: Morning Commentary: Hovnanian launches $840 million offering; Halcon bonds jump on asset sale news
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7/10/2017 | HY | Market Commentary: IHS Markit add-on drives by as dollar primary reopens; ClubCorp climbs on Apollo buyout plan
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7/7/2017 | HY | Market Commentary: U.S. primary sees year’s first empty week; CGA CGM, RAC price in Europe; oil slide hits energy
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7/6/2017 | HY | Market Commentary: Europe dominates primary as Kloeckner, CMC price; CMA CGM upsizes; Intelsat busy
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7/6/2017 | HY | Market Commentary: Junk opens weaker; Rite-Aid lower in early trading; CMA CGM upsizes
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7/5/2017 | HY | Market Commentary: Domestic primary sphere remains on hold, activity seen in Europe; energy issues off as crude surge snapped
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7/3/2017 | HY | Market Commentary: Junk market quietly heads into holiday break; European calendar builds; energy names turn mixed
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6/30/2017 | HY | Market Commentary: Primary quiet to close out $7.26 billion week; Hecla up, Rite Aid gains again
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6/30/2017 | HY | Market Commentary: Carrizo, other recent energy deals firm in secondary; funds see Thursday outflows
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6/29/2017 | HY | Market Commentary: VeriSign, Venator lead busy day; Rite Aid up on sale plan; funds dive $1.74 billion
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6/28/2017 | HY | Market Commentary: Upsized Exela megadeal prices, as do CSVC, Ascend and Kinross; Hecla, Venator on tap
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6/27/2017 | HY | Market Commentary: NFP, Melco add-on, Aker price; upsized and revamped Exela deal ahead; new Sirius tranches hugely busy
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6/26/2017 | HY | Market Commentary: Sirius XM megadeal, Weatherford add-on drive by; Hertz higher on Apple link-up; Arconic off on Grenfell news
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6/23/2017 | HY | Market Commentary: Werner prices to cap $3.27 billion week, j2 holds gains, energy better as oil recovers
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6/22/2017 | HY | Market Commentary: J2 prices; Senate bill drives health higher; Rite Aid lower on report; funds out $128 million
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6/21/2017 | HY | Market Commentary: Charter shops $1.5 billion 10.5-year notes; new First Quality paper active; energy issues gyrate at lower levels
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6/20/2017 | HY | Market Commentary: Downsized First Quality, upsized Carrols price; new Intelsat, Surgery Partners bonds off; oils roiled
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6/20/2017 | HY | Market Commentary: Intelsat Jackson megadeal, Surgery Partners price; Werner, First Quality deals slate; new Brand stays strong
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6/16/2017 | HY | Market Commentary: Brand, Oppenheimer, BevMo! price to cap $3.2 billion primary week; new Brand gains; supermarkets slide
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6/15/2017 | HY | Market Commentary: Ready Cap does small add-on; Brand, BevMo!, Oppenheimer on tap; oil slide continues; funds up $198 million
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6/14/2017 | HY | Market Commentary: Dollar market remains becalmed, though Brand on tap; new HCA, Masco, Yum! Hertz gain; energy eviscerated
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6/13/2017 | HY | Market Commentary: Dollar market quiets down; BevMo! shops deal; new Yum!, HCA, PetSmart, Hertz issues gain
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6/12/2017 | HY | Market Commentary: Yum! Brands, Howard Hughes drive by, Masco brings split-rate deal; Rite Aid up on Fred’s financing news
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6/9/2017 | HY | Market Commentary: Navient prices add-on to cap nearly $6 billion week; new HCA firms in busy trading; Rite Aid slide continues
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6/8/2017 | HY | Market Commentary: HCA split-rated deal prices; recent issues mostly easier; Valeant up on asset sale; funds gain $586 million
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6/7/2017 | HY | Market Commentary: Taseko, split-rated Toll add-on price; recent issues busy; energy names slide as crude prices plunge
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6/6/2017 | HY | Market Commentary: Upsized CalAtlantic drives by, firms in aftermarket; new Tenet megadeal busy; Hertz, PetSmart retreat
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6/6/2017 | HY | Market Commentary: Morning Commentary: Junk opens flat; new Tenet paper mixed in secondary; CalAtlantic drives by
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6/5/2017 | HY | Market Commentary: Four-part Tenet megadeal leads $5 billion primary session, Nokia, TRI Pointe also price; energy issues off
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6/2/2017 | HY | Market Commentary: Downsized Virtu deal caps $2 billion primary week; new Virtu trades up busily in aftermarket
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6/1/2017 | HY | Market Commentary: Center Parcs prices; Intelsat mixed after exchange fails; new Hertz up; funds add $521 million
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5/31/2017 | HY | Market Commentary: Hertz’s new issue causes uptick in secondary market; Atwood remains active, though unchanged; oil goes low
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5/31/2017 | HY | Market Commentary: Morning Commentary: Junk weakens with equities, oil; good demand for Hertz second-lien notes
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5/30/2017 | HY | Market Commentary: Consolidated brings floaters, new fixed notes firm; Atwood jumps on Ensco buyout; oil bonds off with crude
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5/26/2017 | HY | Market Commentary: Consolidated Energy prices to cap $10 billion week; recent deals busy, though off peaks
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5/25/2017 | HY | Market Commentary: NOVA, PetSmart, GTT price in $4.2 billion session, PetSmart gains; funds lose $568 million
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5/24/2017 | HY | Market Commentary: Springleaf add-on, Provident, Summit drive by; recent deals busy; Dynegy, Neiman Marcus gain
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5/23/2017 | HY | Market Commentary: Navient drives by, firms modestly; Melco on tap; Consolidated on road; Monday deals active; KAR climbs
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5/22/2017 | HY | Market Commentary: Upsized KAR deal, Chesapeake drive-by lead $3 billion primary session; PetSmart shops megadeal
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5/20/2017 | HY | Market Commentary: SunCoke, three other deals close out $4 billion week; Dynegy jumps on Vistra takeover buzz
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5/19/2017 | HY | Market Commentary: SunCoke, three other deals close out $4 billion week; Dynegy jumps on Vistra takeover buzz
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5/18/2017 | HY | Market Commentary: Great Lakes, FirstCash, Delek price, move higher; Intelsat gains more; funds up $650 million
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5/17/2017 | HY | Market Commentary: Dollar primary stays muted, though deals are shopped; Cheniere again busy; Intelsat gains on sweetened offer
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5/17/2017 | HY | Market Commentary: Morning Commentary: Junk opens weaker; DISH outperforms on ‘Amazon’ buzz; primary quiet
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5/16/2017 | HY | Market Commentary: Primary quiet, though SunCoke, First Cash, Delek hit the road; new Cheniere notes continue climb
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5/15/2017 | HY | Market Commentary: Cheniere unit drives by with $1 billion deal, new bonds firm; oil issues up with crude, car rentals skid
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5/13/2017 | HY | Market Commentary: Quiet end to $5.5 billion week; Great Lakes slates, new deals less busy; Penney off on results
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5/11/2017 | HY | Market Commentary: Salem, upsized Tallgrass add-on price, new Salem paper pops; funds slide by $1.73 billion
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5/11/2017 | HY | Market Commentary: Morning Commentary: Salem Media, Tallgrass Energy, Tapstone Energy pricings seen possible
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5/10/2017 | HY | Market Commentary: Primary parade continues as Springleaf, CareTrust, CDK issues price; new issues active
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5/10/2017 | HY | Market Commentary: Fortescue prices $1.5 billion two-parter; Community Health, Chemours, Resolute, Hexion also price
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5/9/2017 | HY | Market Commentary: Primary remains quiet, though calendar builds; Century Communities on tap; Revlon bonds fall
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5/5/2017 | HY | Market Commentary: Primary quiet as $4.58 billion week concludes; Transocean terms emerge
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5/5/2017 | HY | Market Commentary: Morning Commentary: High-yield primary quiet; Avantor heard arranging financing for VWR purchase
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5/4/2017 | HY | Market Commentary: Wynn, GenOn, New Gold lead $2.15 billion session; oil names slide; funds down $386 million
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5/4/2017 | HY | Market Commentary: Morning Commentary: Junk weakens as energy prices slide; Wynn, New Gold, GenOn roll out deals
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5/3/2017 | HY | Market Commentary: Restaurant Brands megadeal drives by; GFL also prices; new bonds firm; Frontier falls
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5/2/2017 | HY | Market Commentary: Primary quiet with no pricings, though Tapstone slates, GFL on tap; new USG stays busy, better
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5/2/2017 | HY | Market Commentary: Morning Commentary: New USG bonds active; GFL Environmental, Norican board thin calendar
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5/1/2017 | HY | Market Commentary: USG, New Home drive by; Covey Park most active; Pharmaceutical Product nearly unchanged; Petsmart higher
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4/28/2017 | HY | Market Commentary: Covey Park caps $2.3 billion week, Eagle terms heard; new Covey, Eagle jump in active trading
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4/27/2017 | HY | Market Commentary: Downsized Garda prices; new Sugarhouse busy but little changed; funds gain $291 million
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4/27/2017 | HY | Market Commentary: Morning Commentary: Energy weak; Pharmaceutical Product plans PIK toggle notes; Senvion sets talk
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4/26/2017 | HY | Market Commentary: Sugarhouse prices dollar deal; Netflix megadeal taps euro market; new Bill Barrett notes busy
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4/25/2017 | HY | Market Commentary: Bill Barrett brings eight-year notes; primary otherwise light; Freeport McMoRan up on Indonesia news
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4/24/2017 | HY | Market Commentary: Uniti Group drives by; Garda deal hits the road; calendar builds; overall market follows stocks higher
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4/21/2017 | HY | Market Commentary: Laureate, Trilogy, Clearwater deals top off $4.4 billion week; new issues firm in trading
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4/20/2017 | HY | Market Commentary: NuStar, Murphy, downsized Tempo pace $2.1 billion day; funds lose $362 million
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4/19/2017 | HY | Market Commentary: Upsized Lennar deal drives by; new Cumberland notes firm; Tempo on tap; Rite Aid slides on Walgreens news
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4/19/2017 | HY | Market Commentary: Morning Commentary: Lennar brings $500 million bullet in drive-by; Cumberland Farms deal rockets
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4/18/2017 | HY | Market Commentary: Cumberland prices; Petsmart surges on Chewy acquisition; Post up a bit after buying Weetabix; pharma down
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4/17/2017 | HY | Market Commentary: Week ahead looks active; recent Ultra Petroleum, Air Methods mixed; NOVA down after asset purchase
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4/13/2017 | HY | Market Commentary: Air Methods deal caps shortened $3 billion week; Wednesday deals busy, funds off $348 million
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4/12/2017 | HY | Market Commentary: SNF Floerger, Tutor Perini, Endo, Tennant price; Toys ‘R’ Us jumps; recent Barminco, Ultra mixed; Endo rebounds
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4/11/2017 | HY | Market Commentary: Upsized Barminco prices; Petsmart ticks higher; recent Ultra Petroleum, Cedar Fair mixed
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4/10/2017 | HY | Market Commentary: New Cedar Fair, recent Ultra Petroleum, Alliance take attention on session; oil, health care, retail trade tight
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4/7/2017 | HY | Market Commentary: Ultra Resources’ two-parter, Unisys, Alliance cap $6 billion week; Talen bonds retreat
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4/6/2017 | HY | Market Commentary: Downsized Talen Energy prices, new Park-Ohio gains; Sunoco jumps; funds gain $2.38 billion
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4/6/2017 | HY | Market Commentary: Upsized Petra Diamonds and Zayo, downsized USI lead $2.67 billion session; oils gain, Hertz steadies after drop
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4/4/2017 | HY | Market Commentary: Purely junk market quiet, though split-rated Cenovus, emerging Borets price; Park-Ohio on tap; Hertz hurting
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4/4/2017 | HY | Market Commentary: Morning Commentary: Junk sloppy on weaker stocks; Ascent Resources, Chobani maintain premiums
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4/3/2017 | HY | Market Commentary: Anglo American revives $1 billion two-parter, Ultra Petroleum, other deals hit road; new Aston Martin climbs
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3/31/2017 | HY | Market Commentary: Videotron, Aston Martin, SLM wrap $7 billion week; new Aston Martin active, Chobani gains
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3/30/2017 | HY | Market Commentary: Six Flags two-parter, upsized Charter add-on pace $4 billion session; funds fall $249 million
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3/29/2017 | HY | Market Commentary: Restructured Ascent megadeal, B&G price to break primary drought; new notes firm smartly; oils up
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3/28/2017 | HY | Market Commentary: Market continues to wait on Ascent Resources; Exterran, Chobani expected for Thursday; better tone seen
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3/27/2017 | HY | Market Commentary: Dollar junk market stays quiet, waiting on Ascent; Exterran, Chobani shop deals; hospitals sector gains
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3/24/2017 | HY | Market Commentary: Euro deals price, but dollar market quiet to close $3.65 billion week; Dole, secured BWAY firm
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3/23/2017 | HY | Market Commentary: Downsized Dole, American Tire add-on price; new BWAY heavily traded; funds up $736 million
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3/22/2017 | HY | Market Commentary: Upsized BWAY two-part deal prices; new Dana, KCA deals trade actively; market digests London news
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3/21/2017 | HY | Market Commentary: Valeant trades down on overall lower session; Petsmart follows; recent issues First Quantum, AK Steel down
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3/20/2017 | HY | Market Commentary: No dollar pricings, though big BWAY deal hits the road, EnPro slates; new Kraton, First Quantum busy
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3/17/2017 | HY | Market Commentary: Rain Carbon, Kraton, High Ridge, GasLog close out $7.8 billion week; new High Ridge gains
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3/16/2017 | HY | Market Commentary: Upsized First Quantum leads $4 billion day; new Gartner bonds jump; funds plunge $5.7 billion
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3/15/2017 | HY | Market Commentary: Eldorado prices, firms, while Foresight and Quantum deals on tap; market firms after Fed rate move
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3/15/2017 | HY | Market Commentary: Morning Commentary: Calendar pushed back as funds see big outflows on Tuesday; market awaits Fed
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3/14/2017 | HY | Market Commentary: Primaryside focus turned to Europe; new T-Mobile, AMC deals active; new Valeant joins retreat
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3/14/2017 | HY | Market Commentary: T-Mobile three-part megadeal, AMC drive by, new AMC gains; new Valeant again firm, existing paper off
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3/10/2017 | HY | Market Commentary: New Home, Fortress price to cap $17.54 billion week, biggest of all time, recent deals busy
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3/9/2017 | HY | Market Commentary: Valeant, American Axle, Charter lead year’s biggest day so far; funds plunge $2.12 billion
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3/8/2017 | HY | Market Commentary: WellCare, upsized Equinix drive-bys lead second straight $4 billion day; new Community Health heavily traded
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3/7/2017 | HY | Market Commentary: Community Health, Hilton Worldwide megadeals lead $4.7 billion session, year’s busiest; healthcare names sink
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3/6/2017 | HY | Market Commentary: Aircastle and Olin drive-by issues plus Vermilion price; calendar swells; new Blue Line, CyrusOne busy
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3/4/2017 | HY | Market Commentary: CyrusOne, Howard Hughes, LPL price to cap $6 billion week; busy new BlueLine bonds jump
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3/2/2017 | HY | Market Commentary: BlueLine, Navient, Goodyear lead as primary explodes for $4.2 billion; funds out $240 million
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3/1/2017 | HY | Market Commentary: Dollar pricings again absent, but Blue Line, Vermilion slate; Avis prices euro deal; Intelsat gains go on
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2/28/2017 | HY | Market Commentary: Dollar primary still on hold, Stonegate to shop sterling deal; Intelsat adds to gains, Valeant off on results
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2/27/2017 | HY | Market Commentary: Dollar primary quiet, euro market busy; new Viacom, Ardagh bonds active; Intelsat jumps on merger talk
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2/24/2017 | HY | Market Commentary: Ardagh megadeal, TransDigm drive by cap $4 billion week, new bonds rise; Thursday deals busy
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2/23/2017 | HY | Market Commentary: Viacom sub notes price, CDW drives by; iHeart up on results, debt plan; funds gain $726 million
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2/22/2017 | HY | Market Commentary: United Rentals brings two-part add-on drive-by deal, new bonds busy; Community Health climb continues
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2/21/2017 | HY | Market Commentary: Post-holiday primary is quiet as market returns to work; Community Health jumps on results, Tronox up
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2/21/2017 | HY | Market Commentary: Morning Commentary: Levi Strauss to market €450 million; dollar primary market awaits reactivation
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2/17/2017 | HY | Market Commentary: Primary is quiet to close out $2.5 billion week; new NGL, Aecom, bonds active, Gastar gains
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2/17/2017 | HY | Market Commentary: Morning Commentary: Junk tumbles ¼ point in quiet trading ahead of extended weekend
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2/16/2017 | HY | Market Commentary: Upsized NGL prices, trades around issue; new Aecom bonds active; funds gain $158 million
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2/16/2017 | HY | Market Commentary: Morning Commentary: Low volatility keeping high yield well bid; NGL’s $450 million notes on deck
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2/15/2017 | HY | Market Commentary: Upsized Aecom megadeal and Gateway Casinos issue price, trade actively; Murray Energy gains continue
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2/14/2017 | HY | Market Commentary: Quiet primary prepares for Gateway deal, new-issue revival seen ahead; Murray Energy, AerCap rise
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2/14/2017 | HY | Market Commentary: Morning Commentary: Chesapeake bonds firm on 2017 estimates; Rent-A-Center slips on earnings
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2/13/2017 | HY | Market Commentary: Dollar primary market quiets down; new Cliffs bonds busy, easier; Chemours jumps on legal settlement
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2/13/2017 | HY | Market Commentary: Morning Commentary: Chemours bonds rally on settlement news; gategroup sells CHF 300 million at 3%
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2/10/2017 | HY | Market Commentary: Cliffs deal closes $8.87 billion week, year’s busiest; new bonds busy; Freeport firms
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2/9/2017 | HY | Market Commentary: Upsized Halcon leads busy primary, new Peabody active; funds gain $442 million
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2/8/2017 | HY | Market Commentary: Parsley, Symantec gain as new issues hit market; Cengage mover of the day after results; retailers mixed
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2/7/2017 | HY | Market Commentary: Suburban Propane drives by, split-rated Symantec prices, gains; new Post, AmeriGas issues active
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2/6/2017 | HY | Market Commentary: Upsized Post issue, AmeriGas, IHS Markit, Vertiv price, new AmeriGas, Change deals busy
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2/3/2017 | HY | Market Commentary: Downsized Change Healthcare megadeal caps $5.7 billion week, bonds gain in heavy trading
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2/3/2017 | HY | Market Commentary: Morning Commentary: American Greetings rockets into secondary; Change Healthcare, Vertiv on deck
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2/2/2017 | HY | Market Commentary: Standard Industries, Constellium, American Greetings, Harland price; funds up $413 million
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2/1/2017 | HY | Market Commentary: Scientific Games, EP Energy megadeals lead nearly $3 billion session; new EP moves up; Peabody slates
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1/31/2017 | HY | Market Commentary: Mercer International prices, moves up; EP Energy on tap; forward calendar builds
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1/30/2017 | HY | Market Commentary: Primary quiet, though Mercer on tap, American Greetings on road; new deals busy, Tempur Sealy lower
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1/30/2017 | HY | Market Commentary: Morning Commentary: Mercer International, American Greetings on tap; Tempur Sealy bonds dive
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1/27/2017 | HY | Market Commentary: WildHorse, Jacobs, Trinidad deals price to cap $5 billion week, day’s deals move higher
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1/27/2017 | HY | Market Commentary: Morning Commentary: Junk opens flat; Charter bonds soften on merger prospects; funds see inflows
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1/26/2017 | HY | Market Commentary: HC2 add-on prices; Trinidad, Jacobs, WildHorse on tap; new Hexion surges; funds lose $532 million
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1/25/2017 | HY | Market Commentary: Upsized, restructured Hexion prices, also Nielsen and Atotech deals; new Hexion paper heads higher
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1/24/2017 | HY | Market Commentary: Airxcel, Ferrellgas add-on price, Atotech, Hexion deals on tap; Sabine Pass stays busy; Neiman Marcus rebounds
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1/24/2017 | HY | Market Commentary: Morning Commentary: Junk opens flat to lower; Airxcel sets price talk; funds see outflows
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1/23/2017 | HY | Market Commentary: United Continental, Baffinland and Century Communities price in quieter session; TransDigm, Rite Aid busy
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1/20/2017 | HY | Market Commentary: Giant-sized Avolon, Radiate, Pattern deals price to cap $8.5 billion week; Avolon moves up
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1/19/2017 | HY | Market Commentary: Ardagh, Vector, Koppers price, seen firmer; Avaya gains on Chapter 11; funds lose $887 million
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1/18/2017 | HY | Market Commentary: Vivint prices add-on, Avolon megadeal on tap, Vector Group slates; new Terex bonds jump
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1/17/2017 | HY | Market Commentary: Charter, Terex, William Lyon Homes drive by; new Silversea surges; Clayton Williams busy on acquisition news
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1/13/2017 | HY | Market Commentary: Silversea, Mattamy add-on close out busy $8.3 billion week; recent new issues trade actively
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1/12/2017 | HY | Market Commentary: Icahn, Team Health, Zayo, MEG Energy lead $4.3 billion session; new issues jump
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1/11/2017 | HY | Market Commentary: Novalex prices; Team Health ahead; Valeant down on post-asset sale, Trump comments; E&P mixed
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1/10/2017 | HY | Market Commentary: No pricings, but Novolex on tap, Icahn on the road; Sabine Pass up on ratings boost, Valeant on asset sale
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1/10/2017 | HY | Market Commentary: Morning Commentary: Icahn brings $900 million two-part deal; Valeant up on asset sale news
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1/9/2017 | HY | Market Commentary: Junk primary stays quiet, though ‘oversubscribed’ Team Health hits road; Vanguard up despite oil woes
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1/6/2017 | HY | Market Commentary: Quiet primary closes out year’s first week, new Lennar notes busy; Ruby Tuesday retreats
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1/5/2017 | HY | Market Commentary: Lennar drives by with upsized deal; retail issues rocked by Macy’s move; funds up $734 million
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1/5/2017 | HY | Market Commentary: Morning Commentary: Junk opens flat; retail sector under pressure amid Macy's store closure news
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1/4/2017 | HY | Market Commentary: U.S. Concrete is 2017’s first deal, breaks ice for others; Bonanza Creek jumps on Chapter 11
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1/3/2017 | HY | Market Commentary: Primary opens new year quietly, though calendar expected to build; energy names busy as oil prices gyrate
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1/3/2017 | HY | Market Commentary: Morning Commentary: High yield opens 2017 firm as market awaits calendar, Friday cash flows mixed
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