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TOKYO (AP) — Ben Shelton won his maiden tour title, beating Aslan Karatsev 7-5, 6-1 at the Japan Open on Sunday. “That meant a lot to me and my team,” Shelton said. “We have been working really hard since the beginning to build my game and win titles on the ATP tour. "They win titles, they don’t just get to finals. The 30-year-old Karatsev was seeking his fourth title and first since he beat Andy Murray in Sydney in 2022, but with 20 unforced errors the Russian struggled to get any momentum in the match and challenge Shelton.

Persons: — Ben Shelton, Aslan Karatsev, ” Shelton, “, Michael Chang, Karatsev, Andy Murray, Shelton, ___ Organizations: TOKYO, Japan, U.S, ATP, Flushing, Shanghai Masters Locations: Tokyo, American, Flushing Meadows, Sydney

☆ Alcaraz and Djokovic on course for another Grand Slam showdown
▼ + stars: | 2023-09-08 | by ( ) www.reuters.com time to read: +3 min

Defending champion Alcaraz, 20, won his second major at the All England Club in July and said it would be "great" to play three-time U.S. Open winner Djokovic in the showpiece. "It would be great to play a final against Novak here in New York but we both have really tough semi-finals," Alcaraz said. "Last year I was facing my first semi-final of a Grand Slam. In-form Djokovic, 36, will replace Alcaraz as world number one after the tournament and is on the hunt for his 24th Grand Slam title to match Margaret Court's all-time singles record. Now in his first Grand Slam semi-final in only his fifth appearance at majors, Shelton is up for the daunting challenge of squaring off against Djokovic.

Persons: Serbia's Novak Djokovic, Taylor Fritz, Brendan Mcdermid, Carlos Alcaraz, Novak, Alcaraz, Djokovic, Daniil Medvedev, Medvedev, Daniil I, Daniil, Andrey Rublev, Carlos, Margaret Court's, Ben Shelton, Michael Chang, Ben, That's, Shelton, who's, I'm, Hritika Sharma, Christian Radnedge Organizations: Tennis, U.S, REUTERS, Wimbledon, All England Club, Wells, Alcaraz, Djokovic, Thomson Locations: Flushing Meadows , New York, United States, New York, Flushing Meadows, American, Hyderabad

☆ Big-hitting Shelton blasts way past Tiafoe into US Open semis
▼ + stars: | 2023-09-06 | by ( Steve Keating | ) www.reuters.com time to read: +3 min

"Feeling like I left it all out here tonight," said the 47th ranked Shelton, who is still searching for his first ATP Tour win. "He (Djokovic) has won 23 of these (Grand Slams), it doesn't get much better than that," said Shelton. Shelton came out guns blazing, with his groundstrokes struck with such venom they drew gasps from the capacity crowd. After holding his first two serves Tiafoe had no answers for his opponent's explosive forehand as Shelton claimed five straight games to snatch opening set. Another break at 5-2 and Tiafoe's fate was sealed with Shelton holding serve for the win.

Persons: Ben Shelton, Frances Tiafoe, Mike Segar, Shelton, Michael Chang, Novak Djokovic, Arthur Ashe, James Blake, Donald Young, Ashe, Djokovic, I've, Tiafoe, Steve Keating, Shrivathsa Sridhar, Peter Rutherford Organizations: Tennis, U.S, REUTERS, ATP, Thomson Locations: Flushing Meadows , New York, United States, American, New York, Tiafoe

☆ John McEnroe Is Playing Pickleball for $1 Million? You Cannot Be Serious
▼ + stars: | 2023-03-31 | by ( Jason Gay | ) www.wsj.com time to read: 1 min

We will now discuss pickleball, because pickleball is the only thing that matters now. Pickleball, pickleball, pickleball. The Final Four, Opening Day, new NFL rules—none of it stands a chance against a good old racket-borne Tupperware fight. By media edict, I am required to mention pickleball at least 20 times per day, or there is a penalty, which is having to mention pickleball 40 times a day. On Sunday, April 2, former pickleball hater John McEnroe —“I think it sucks,” Mac said last September—will compete against fellow tennis geezers Andre Agassi, Andy Roddick and Michael Chang in a tournament at a Florida casino with a purse of $1 million.

☆ Analysis: U.S. junk bond investors face tough choice as yields spike
▼ + stars: | 2022-10-27 | by ( Matt Tracy | Shankar Ramakrishnan | ) www.reuters.com time to read: +4 min

WASHINGTON, Oct 27 (Reuters) - A sell-off in the U.S junk bond market is presenting investors with a buying opportunity but some are holding back, worried that a looming recession could spark widespread credit defaults. That level is the highest for yields since April 2020, while the index is down some 13% this year. That level is a critical zone of credit stress where credit markets become vulnerable to dysfunction, said Oleg Melentyev, credit strategist at the bank. DEARTH OF OFFERINGSAt the same time, risk aversion has slowed new bond issuance in the primary high-yield market to a trickle. That could change in 2023, however, if a recession further dampens activity in primary markets and borrowing costs remain high, spurring potential defaults in the lowest rungs of junk-rated bonds.

☆ Analysis: Credit markets see less risk of recession, earnings may challenge that
▼ + stars: | 2022-09-23 | by ( Karen Brettell | ) www.reuters.com time to read: +5 min

“Credit spreads are too tight, they are not adequately reflecting the risk of recession. Leveraged loans and junk bonds are high-risk corporate debt. Their borrowing rates have been held in check by solid liquidity while default rates are near historical lows and not seen likely to spike significantly near-term. Earnings were better than expected in the second quarter on average, but higher rates and slowing growth are expected to make a bigger dent in profits soon, which could bring rating downgrades and higher default risk. “For now the credit market's still taking comfort from in place fundamentals and a slow pace of deterioration.

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