Home>U.S. High Yield: A Closer Look at ‘Junk’ Spreads
U.S. High Yield: A Closer Look at ‘Junk’ Spreads
Perspectives Content Submission
Tue, 19 Jun 2012
​Investors are cautious about high yield bonds, which have become more volatile following strong performance and inflows earlier this year. We believe the cyclical bottom in default rates is behind us, and based on a tightening in lending standards compared to last year, we expect a gradual increas…
As economic concerns weighed, taxable- bond funds were the strongest asset gainers in May , but their inflows were only about half what they were the prior month, says Morningstar's Kevin McDevitt.