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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
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