High yield mutual funds continue to see outflows
Lipper research shows retail money exiting high yield in both US and Europe 

Underperforming insurers are a buying opportunity, says BNP Paribas
European insurers have underperformed the market in 2014, with no obvious catalyst

Banks' ECB carry trade may be overstated, Citi data suggests
Citi research finds only minimal evidence of banks using cheap funding to buy government bonds 

Look to sell CDS on mergers, not buy it, says Barclays
Barclays research highlights case for going long CDS in companies set for M&A activity 

Buying high yield in primary delivers 1.8% a month, says BNP Paribas
Primary high yield markets are pricing attractively compared to the indices, argues BNP Paribas 

Credit Suisse guesses new Crossover entrants
Research from Credit Suisse highlights possible new entrants to index based on Markit's rules 

Citi sees bullish real money in the European derivatives market
Real money is still happy to be long credit risk argues Citi research, pointing to derivatives trading 

Play Europe against US through volatility, says Citi
A research note sent out by Citi suggests going long Europe against the US in credit by using options 

Barclays cuts electricity suppliers' weightings on brighter solar outlook
Traditional energy firms should have wider spreads, argues Barclays research 

BNP Paribas sees little value in Deutsche Bank’s AT1 offer
Deutsche Bank's multi-tranche alternative tier one bond issue doesn't look so good to BNP Paribas research 

Hold onto your cash in May, says BNP Paribas
Use iTraxx Main or index options to hedge against weakness, suggests BNP Paribas research 

Markets are underestimating Chinese bank support says Morgan Stanley
Morgan Stanley research highlights risk of Chinese high yield, but thinks bank support is underestimated 

Switch into credit default swap sin US high yield, suggests Barclays
Barclays research highlights cash bond to CDS switches in the US high yield market. 

Play Danske Bank against the index, suggests BNP Paribas
Research from BNP Paribas suggests Danske Bank has room for improvement against the financials index 

Create some dry powder to buy in May, says Societe Generale
French bank Societe Generale research suggests US investors should take advantage of strong market to prepare to buy 

Investment grade spin-offs are a buy signal, says Barclays
Barclays research points to plays on spin-off situations for investment grade names

Crossover begining to look rich against Main says Deutsche bank
Research from Deutsche Bank's credit research team suggests rally in Crossover has left it rich 

Sub financials lag peers following definition delay
The iTraxx subordinated financials index weakest major index following Isda's delay to rule changes 

Start the new year by taking profits on corporate bonds, says Societe Generale
Research from Societe Generale suggests now is the time to begin selling some higher priced assets