|Bid||N/A x N/A|
|Ask||N/A x N/A|
|Day's Range||83.40 - 83.40|
|52 Week Range||70.01 - 83.40|
|Beta (5Y Monthly)||1.43|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||3.50 (4.19%)|
|Ex-Dividend Date||May 13, 2021|
|1y Target Est||N/A|
Yield spreads on U.S. corporate high-yield bonds are unlikely to tighten much beyond the current levels due to the credit market's composition and a possible rise in interest rates, according to asset manager Amundi. "Spreads can go tighter, though not meaningfully tighter," Ken Monaghan, co-head of high yield at Amundi U.S. told the Reuters Global Markets Forum on Tuesday. The additional yield, or the yield spread, that investors demand for holding riskier corporate bonds over U.S. Treasuries fell to near its tightest level since the Great Recession due to investors buying higher yielding assets.
Bond investors fear a return of wildcatting and other risky moves by energy companies if oil prices continue to shoot higher during the COVID recovery.
Press release Paris, 11 June 2021 Signature of the master agreement for the acquisition of Lyxor by AmundiFinalisation expected at end-2021 Amundi and Société Générale announce the signature, earlier than the considered schedule, of the master agreement for Amundi's acquisition of Lyxor1; as a reminder, the entry into exclusive negotiations had been announced on 7 April2. The finalisation of this transaction is expected at the end of 20213, subject to the prior approval of the competent regulato