Why High Yield Still Has a Role to Play
August 17, 2015 at 12:40 PM EDT
A darling asset class of this bull market has been U.S. high yield debt, as many searching for income in a low-rate world have turned to these higher-yielding bonds. According to Bloomberg data, on an annualized basis through July 31, the Barclays U.S. High Yield two percent Issuer Cap Index has...