Options Center - Yahoo Finance
- BACMotley Fool•23 minutes ago
For the first time since the financial crisis, shares of Bank of America trade for a premium to its book value.
- AMDMarketWatch•24 minutes ago
Chip maker Advanced Micro Devices Inc. released details on Wednesday on its forthcoming Ryzen included pricing that may potentially set off a price war with its big rival Intel Corp.
- HYGBarrons.com•29 minutes ago
Junk bonds have done well over the past year. The best-known exchange traded funds, the iShares iBoxx $ High Yield Corporate Bond Fund (HYG) and the SPDR Barclays Capital High Yield Bond ETF (JNK), have each climbed roughly 13% over 12 months. In fact, in his latest article on LCD News, a division of S&P Global Market Intelligence, Fridson calls the high-yield market “nearly as overvalued as it has been at any point since the Dec. 31, 1996 introduction of option-adjusted spread (OAS) data on the BofA Merrill Lynch US High Yield Index.” On Jan. 31, 2017 the FridsonVision Model put the spread’s fair value at 685 bps.