A deeper dive into the investment challenges facing investors and solutions through the use of options.
Q3 2022
Mechanically, high-yield bonds have the same features as other types of bonds. They have a scheduled maintenance payment, a principal repayment at a specified maturity date, and in some but not all cases, maintain priority over other obligations in the capital structure. While the maintenance payment(or coupon) is typically fixed, the value of the bond is determined by the market's assessment of the probability of repayment....
Q2 2022
