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Home>High-Yield Bonds: Equity-like Returns Without Equity-like Volatility

High-Yield Bonds: Equity-like Returns Without Equity-like Volatility

Perspectives Content Submission

Wed, 1 Apr 2015

SUMMARY High-yield bonds have historically provided high current income with lower volatility than equities. The current fixed-income market offers a favorable environment, with benign default rates, strong corporate balance sheets and improving economic conditions. With interest rates expected to

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