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Fixed-income economists are increasingly relying on the Personal Consumption Expenditures Price Index (PCE) instead of the more traditional Consumer Price Index (CPI) to measure inflation.

The high-yield new issue calendar is surprisingly quiet heading into the fourth quarter, with no large deals in the market at the moment and only a handful of deal having been priced since Labor Day.

Aladdin Capital Management will scale back its fixed-income holdings and allow cash to pile up in the coming months if the presidential election is close.

Lehman Brothers' fixed-income research is the best on Wall Street, according to investors who voted in Institutional Investor's 13th All-America Fixed-Income Research poll.

Fixed-income economists are now predicting the Federal Reserve will not hike interest rates as severely as expected given the Consumer Price Index (CPI) figures for August, which were released last week.

-- William Prophet, interest-rate strategist at UBS, on how some bond traders are slow to adopt a new indicator of inflation.

Tekni-Plex's 12 3/4% senior subordinated notes due in 2010 dropped eight points mid-week after the consumer packaging company said it expects to violate its bank covenants.

Converium Holdings (North America)'s 7 1/8%s of '23 tanked around 30 points early last week to around 43, a massive drop for the reinsurance company.

With refinancings constituting half of the known high-yield forward calendar, market professionals are forecasting the amount of net new supply will continue to dwindle.

This chart, provided by Citigroup Global Markets, tracks bid-ask prices for par credit facilities that trade in the secondary market.

The gap between two- and five-year Treasury notes is expected to narrow further in the coming months as the Federal Reserve continues to raise rates, according to interest-rate strategists.

--Raymond Martz, cfo of LaSalle Hotel Properties, explaining why the real estate investment trust went with its relationship banks for a new $300 million credit.