After taking a beating last year, closed-end funds are offering the biggest discount since 2009, luring hedge fund investments.

Investment-grade volume on MarketAxess platform hit $44 billion in September.

Investment-grade volume on MarketAxess platform hit $44 billion in September.

Finra plans to disclose trading levels for privately sold corporate bonds on its Trace system.

Finra plans to disclose trading levels for privately sold corporate bonds on its Trace system.

Corporate bond yields averaged over the last four years 4.6%, vs. 6.14% in the five years prior to Lehman's demise.

Corporate bond yields averaged over the last four years 4.6%, vs. 6.14% in the five years prior to Lehman's demise.

As costs of emerging-market debt reach highest level in four years, BlackRock predicts further valuation changes.