We briefly examine the tightening credit market.
Rising rates have pushed bond indexes into the red this year, but high-yield bonds, helped by tightening credit spreads in energy, have bucked the trend.
Issue selection, inflation concerns still critical, panelists say.
The Brazilian economy and legal system may offer the American middle class a way out of its credit access problem via the Brazilian “Purchasing Pool System.”
Jones Lang LaSalle should be able to weather upcoming merger of smaller peers.
We continue to expect that high-yield bonds will provide better returns than investment-grade as underlying rates tick up and moderate economic growth holds down defaults.
Investors might be surprised by the low-quality profiles of some sizable funds.