$THHY News
Last published 11y ago
- 11y agoHYEMANGLIHYTHHYVan Eck Global to Change the Underlying Index for Its Emerging Markets High Yield Bond ETF (HYEM)Business WireNEW YORK--(BUSINESS WIRE)--Van Eck Global, sponsor of Market Vectors ETFs, today announced that effective on or about May 11, 2015, the Market Vectors Emerging Markets High Yield Bond ETF (NYSE Arca: HYEM) will begin tracking a new benchmark index, the BofA Merrill Lynch Diversified High Yield US Emerging Markets Corporate Plus Index.
- 11y agoANGLFLTRTHHYEMAG+4Fallen Angels Rise above the Havoc the Energy Sector Has Wreaked on High-Yield Bonds in 2014, Says Fran RodilossoBusiness WireNEW YORK--(BUSINESS WIRE)--“Fallen angels”, corporate bonds that were investment grade at the time of issuance but have subsequently been downgraded to below investment grade, have significantly outperformed the broad corporate high-yield bond market this year, as measured by the BofA Merrill Lynch US Fallen Angel High Yield Index (H0FA) and BofA Merrill Lynch US High Yield Master II Index (H0A0), ...
- 11y agoCBONFLTRTHHYEMAG+4Market Vectors’ Fran Rodilosso on China’s Rate Cut; Growing Access to the Mainland’s Fixed Income MarketsBusiness WireNEW YORK--(BUSINESS WIRE)--While the opening of China’s A-share market to foreign investors and the launch of the Shanghai-Hong Kong Stock Connect (Stock Connect) have been dominating the news, China’s onshore bond market is also becoming increasingly accessible, creating new opportunities for foreign investors to generate potential income and diversify their fixed income portfolios, according to ...
- 12y agoEMAGCHLCTHHYFLTR+4Market Vectors’ Fran Rodilosso: Emerging Market Debt Remained Positive in the Wake of Various CrisesBusiness WireNEW YORK--(BUSINESS WIRE)--Volatile situations in Ukraine and Venezuela have caught the attention of the world and continue to have potentially major ramifications for those countries and others. However, Emerging Market bonds have remained mostly in positive territory year to date, according to Fran Rodilosso, fixed income portfolio manager for Market Vectors ETFs.
- 12y agoCHLCTHHYFLTREMLC+4China Sees More Currency Volatility as Central Bank Seeks to Discourage Idea That Yuan is a “One-Way Trade,” Says Market Vectors’ RodilossoBusiness WireNEW YORK--(BUSINESS WIRE)--Faced with the task of cooling off its credit markets and discouraging excessive foreign currency flows, China has recently demonstrated a willingness to let the value of its currency decline, contrary to the long-held belief that buying the renminbi was effectively a “one-way trade,” according to Fran Rodilosso, fixed income portfolio manager for Market Vectors ETFs.
- 12y agoTHHYFLTREMLCEMAGTM+4Market Vectors’ Fran Rodilosso: With Tapering Set to Continue under Yellen, Investors May Look Again at Duration and Credit RiskBusiness WireNEW YORK--(BUSINESS WIRE)--Federal Reserve Chair Janet Yellen’s six-hour testimony before the House Financial Services Committee earlier this week provided confirmation that the Federal Open Market Committee (FOMC) plans to continue tapering at its current pace, and that there would need to be a strong indication of change of direction in the economy for that process to stop, according to Fran Rod ...
- 12y agoEMAGFLTREMLCHYEM+4Market Vectors’ Fran Rodilosso on the Emerging Market Debt Sell-Off: Hard Currency Outperformed Debt Issued in Local CurrencyBusiness WireNEW YORK--(BUSINESS WIRE)--The start of 2014 has been a rough one for emerging market (EM) debt, with debt issued in local currencies bearing the brunt of the decline, according to Fran Rodilosso, fixed income portfolio manager at Market Vectors ETFs.
- 12y agoFLTREMLCHYEMIHY+4U.S. Treasury Adds Floating Rate Notes (FRNs) to Fixed Income Mix; Investment Grade Corporate FRNs Continue to Offer Higher Yielding AlternativeBusiness WireNEW YORK--(BUSINESS WIRE)--With the sale of its first tranche of two-year floating rate notes (FRNs), the U.S. Treasury introduced a new debt instrument into a market already grappling with the Federal Reserve tapering and emerging market volatility. While these new notes may represent an ultimate in a low-risk investment, they offer little in the way of return for yield-hungry investors, accordin ...
- 12y agoEMLCHYEMFLTRIHY+4Market Vectors’ Fran Rodilosso: As the Emerging Market Sell-off Continues, Pockets of Value May Remain in EM Sovereign and Hard Currency DebtBusiness WireNEW YORK--(BUSINESS WIRE)--After a year of largely negative returns, fixed income asset classes appear to already be facing significant headwinds in 2014. But according to Fran Rodilosso, fixed income portfolio manager with Market Vectors ETFs, some high yield-oriented asset classes, and selected emerging market (EM) debt in particular, may be getting unduly punished.
- 12y agoEMAGTHHYEMLCHYEM+4Emerging Markets Bonds Hold Pockets of Value Following Sell off Driven by Taper Expectations, Says Market Vectors’ Fran RodilossoBusiness WireNEW YORK--(BUSINESS WIRE)--With the Federal Reserve’s (the “Fed”) decision to begin its “tapering”, the initial steps of this process could likely cause some bond buyers to dial back their risk profiles, according to Fran Rodilosso, fixed income portfolio manager with Market Vectors ETFs.
- 13y agoTHHYEMLCHYEMFLTR+4Market Vectors’ Fran Rodilosso on the Fed’s Decision to Postpone Tapering, and the “Hangover” That May Await the MarketsBusiness WireNEW YORK--(BUSINESS WIRE)--While the markets reacted positively to Wednesday’s non-action by the Federal Reserve (the “Fed”), there are a number of reasons for investors to remain cautious, according to Fran Rodilosso, Fixed Income Portfolio Manager at Market Vectors® ETFs.
- 13y agoTHHYEMLCHYEMFLTR+4Market Vectors’ Fran Rodilosso on Treasury-Hedged Approach to High Yield Investing as 10-Year Treasury Yields Test 3 PercentBusiness WireNEW YORK--(BUSINESS WIRE)--As yields on 10-year U.S. Treasuries nearly touched 3 percent on Thursday for the first time since July 2011, interest rate risk remains a very real concern for fixed income investors, according to Fran Rodilosso, Fixed Income Portfolio Manager at Market Vectors ETFs.
- 13y agoANGLEMLCHYEMFLTR+4Market Vectors’ Fran Rodilosso on the Microsoft/Nokia Deal News and the Case for “Fallen Angels”Business WireNEW YORK--(BUSINESS WIRE)--Monday’s announcement that Microsoft intends to purchase Nokia’s handset business and license the company’s patents for a total of $7.2 billion has provided a major boost to Nokia’s bonds and highlights the investment case for investing in “fallen angels,” according to Fran Rodilosso, Fixed Income Portfolio Manager at Market Vectors ETFs.
- 13y agoEMLCHYEMANGLIHY+4Market Vectors Emerging Markets Local Currency Bond ETF (EMLC) Marks Third AnniversaryBusiness WireNEW YORK--(BUSINESS WIRE)--Market Vectors Emerging Markets Local Currency Bond ETF (NYSE Arca: EMLC), celebrated its third anniversary on July 22nd, it was announced today. EMLC was the first U.S.-listed ETF to focus on local currency Emerging Markets (EM) bonds and is among the largest U.S. listed EM bond-focused ETFs with $1.2 billion assets under management as of July 25, 2013.
- 13y agoFLTRTHHYEMLCHYEM+4Market Vectors’ Fran Rodilosso on Investment Grade Floating Rate Notes’ Potential to Benefit from Rising Interest RatesBusiness WireNEW YORK--(BUSINESS WIRE)--A number of factors may combine to increase investor interest in investment grade floating rate notes in the coming months, according to Fran Rodilosso, Fixed Income Portfolio Manager at Market Vectors ETFs.
- 13y agoEMLCTHHYHYEMANGL+4Fed’s Message is Important, but Market Also Disturbed by Spike in Short-Term Rates in China, Says Market Vectors’ Fran RodilossoBusiness WireNEW YORK--(BUSINESS WIRE)--While the market’s main focus continues to be on yesterday’s Federal Open Market Committee (FOMC) comments and another move higher in U.S. interest rates, the spike in short-term lending rates in China has also been causing concern, according to Fran Rodilosso, Fixed Income Portfolio Manager at Market Vectors ETFs.
- 13y agoEMLCTHHYHYEMANGL+4Market Vectors’ Fran Rodilosso on the Recent Volatility in Emerging Market DebtBusiness WireNEW YORK--(BUSINESS WIRE)--Though emerging markets sovereign hard and local currency debt have been among the most volatile fixed income asset classes for the past several weeks, the longer term trend of portfolio allocations to emerging market debt asset classes is a major theme that will continue for the next several years, according to Fran Rodilosso, Fixed Income Portfolio Manager at Market Ve ...
- 13y agoEMLCTHHYHYEMANGL+4Brazil Brings End to Tax on Foreign Bond Buyers, Removes What Had Been a Key “Disincentive,” Says Market Vectors’ Fran RodilossoBusiness WireNEW YORK--(BUSINESS WIRE)--On Tuesday, Brazil’s Finance Minister officially eliminated a tax that affected foreign bond buyers. This followed a number of developments on the international finance stage over the last several months, including a reduction in capital flows into Brazil. “I believe this change should be viewed as a positive one for investors, though they should still cast a somewhat cr ...
- 13y agoEMLCTHHYHYEMANGL+4Strong Fundamentals Buoy the Prospects of Emerging Market Sovereign Debt Issuers, Says Market Vectors’ Fran RodilossoBusiness WireNEW YORK--(BUSINESS WIRE)--Much has been made in recent days of the decision by Moody’s to elevate Turkey to investment grade status, but that country’s success is less a standalone story and much more an indicator of a larger trend impacting emerging markets (EM), said Fran Rodilosso, Fixed Income Portfolio Manager at Market Vectors ETFs.
- 13y agoTHHYHYEMANGLIHY+4Duration Risk is a Key Concern of Bond Investors as Credit and Spread Levels Have Some Fundamental Support, Says Market Vectors’ Fran RodilossoBusiness WireNEW YORK--(BUSINESS WIRE)--Duration* risk remains a key concern of fixed income investors, who continue to keep a keen eye on the Federal Open Markets Committee (FOMC), the impact of quantitative easing (QE), and the formation of an exit plan, says Fran Rodilosso, Fixed Income Portfolio Manager at Market Vectors ETFs.
- 13y agoHYEMANGLIHYFLTR+4Market Vectors’ Fran Rodilosso on High Yield Bond Indexes Breaching the Five Percent Yield BarrierBusiness WireNEW YORK--(BUSINESS WIRE)--Yields* on U.S. high-yield bond indexes continue to decline, dipping below five percent not long after breaching the six percent barrier, driven by unprecedented demand and heavily influenced by the $80 billion in other fixed income assets being purchased by the Federal Reserve each month, according to Fran Rodilosso, Fixed Income Portfolio Manager at Market Vectors ETFs ...
- 13y agoHYEMANGLIHYFLTR+4Market Vectors’ Fran Rodilosso: Central Banks Send Signals That Existing Policies Are Not Having Desired EffectsBusiness WireNEW YORK--(BUSINESS WIRE)--Thursday’s move by the European Central Bank (ECB) to cut its benchmark interest rate to an all-time low of 0.5 percent sends a clear signal that the pace of the economic recovery in Europe continues to lag behind the region’s needs and expectations according to Fran Rodilosso, Fixed Income Portfolio Manager at Market Vectors ETFs.
- 13y agoHYEMIHYFLTRBONO+4Market Vectors’ Fran Rodilosso on Japan’s Sovereign Debt Levels and the Challenges Facing Developed EconomiesBusiness WireNEW YORK--(BUSINESS WIRE)--As Japan continues to expand its purchases of government bonds in an effort to drive interest rates down, spur inflation, and jumpstart the country’s long-stagnant economy, there are a number of risks that investors should consider, according to Fran Rodilosso, Fixed Income Portfolio Manager at Market Vectors ETFs.
- 13y agoANGLHYEMIHYFLTR+4Market Vectors’ Fran Rodilosso on Dish Network’s Surprise Bid for Sprint Nextel and What It Might Mean for Fixed Income InvestorsBusiness WireNEW YORK--(BUSINESS WIRE)--On Monday, Dish Network announced that it had made a $25.5 billion bid for Sprint Nextel, the third largest wireless carrier in the U.S. and currently the second largest issuer weight (6.3%) in the BofA Merrill Lynch US Fallen Angel High Yield Index (H0FA) that underlies the Market Vectors Fallen Angel High Yield Bond ETF (NYSE Arca: ANGL). The approach detailed by Dish ...
- 13y agoHYEMIHYFLTRANGL+4Strong Inflows Push Market Vectors’ Emerging Markets High Yield Bond (HYEM) and International High Yield Bond (IHY) ETFs Past $200M AUM MarkBusiness WireNEW YORK--(BUSINESS WIRE)--Driven by strong flows in the quarter, Market Vectors Emerging Markets High Yield Bond ETF (NYSE Arca: HYEM) recently eclipsed the $200 million assets under management mark, according to Van Eck Global, the fund’s sponsor. Additionally, another fixed income ETF in the Market Vectors family, International High Yield Bond ETF (NYSE Arca: IHY) has seen its asset base increa ...
- 13y agoTHHYMarket Vectors Launches Treasury-Hedged High Yield Bond ETF (THHY)Business WireNEW YORK--(BUSINESS WIRE)--Market Vectors ETF Trust announced today that it has launched the Market Vectors Treasury-Hedged High Yield Bond ETF (NYSE Arca: THHY), an exchange-traded fund (ETF) is designed to combine the income potential of high-yield corporate bonds with the interest rate hedging capability offered by shorting Treasury notes.