UPDATE: How an interest-rate hike could send S&P 500 into summer tailspin
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.
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.”
Issue selection, inflation concerns still critical, panelists say.
Investors might be surprised by the low-quality profiles of some sizable funds.
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.