Many investors may hear the term "par value," shrug, and ask "What's the big deal?". While the concept is straightforward, the fact that individual corporate bonds trade as a percentage of their par value creates a...Read more
BondSavvy provides CUSIP-level corporate bond research, which includes between 20-25 new corporate bond investment recommendations each year. Many individual investors and investment advisors do not have the time to read SEC filings and listen to company...Read more
Bond investors are generally familiar with the term 'accrued interest;' however, many may not know the exact accrued interest calculation that determines the accrued interest buyers pay -- or sellers receive -- as part of a...Read more
We calculate leverage ratios to assess default risk and relative value of corporate bond investments. Leverage ratios tell us how much debt a bond issuer has relative to its cash flow, or EBITDA, which is a...Read more
Credit spreads, also known as Treasury spreads, are the difference between a corporate bond's yield to maturity ("YTM") and the YTM of a US Treasury bond or note with a similar maturity date (the 'benchmark Treasury'). ...Read more
Many investors still do not know where to buy bonds. Many still believe you call up your broker and let him tell you what bonds he has available and the price for each bond. Luckily, for...Read more
BondSavvy Live is a bond investing education webcast exclusive to BondSavvy subscribers, which we host three to four times each year. Prior to each edition of BondSavvy Live, BondSavvy subscribers submit corporate bond investing questions to BondSavvy...Read more
Bond ratings scales represent the opinion of credit rating agencies as to the likelihood of a bond issuer defaulting, but they do not tell investors whether a bond is a good investment. Investors need BondSavvy's investment analysis...Read more
Investors who buy bonds online can do Fidelity bond search and execute trades with the click of a few buttons. Bond investing has come a long way over the last 20 years, and Fidelity has been...Read more
Many investors believe corporate bond returns are limited to a bond's yield. They build ill-conceived bond ladders, hold bonds to maturity, and then do it all over again. Investors who build bond ladders and hold bonds...Read more
Many bond investment newsletters publish lists of hundreds of bonds and leave it up to subscribers to weigh the risk and potential returns of each investment. Other bond newsletters focus on all income products, including preferred...Read more
While BondSavvy founder Steve Shaw is the leading expert in recommending individual corporate bonds to individual investors, he is not the only fixed income expert. Major investment banks have fixed income research departments, which provide a...Read more
Bonds are debt obligations of the issuing entity. There are many types of bonds, and a good way to distinguish them is based on the word that comes immediately before the word "bonds." For example, Treasury...Read more
Individual corporate bonds are a crucial component of income investing, as they provide yields generally higher than Treasury bonds, muni bonds, and stocks. While the total return opportunity for corporate bonds can be less than stocks,...Read more
BondSavvy uses credit analysis to identify undervalued corporate bonds it believes can achieve higher investment returns than the leading bond funds and ETFs. To evaluate potential corporate bond investments, we must understand how bonds are priced...Read more
There are many advantages of corporate bonds relative to other investments. Individual corporate bonds offer investors strong returns but with less downside than stocks. They offer greater transparency than bond funds and ETFs, as you know...Read more