MIK Stock Recent News

Michaels Cos. Inc. said Tuesday it is planning to hire 15,000 employees for the coming holiday season.

In the face of what was the largest first half decline in the S&P 500 since 1970 and the worst ever start to a year for high yield bonds, short duration credit was not immune. Furthermore, a general concern for shorter-term bonds and a fear of recession has caused a significant shift in the term structure of yields in the short duration credit investment universe.