The Highs (And Lows) of High Yield
July 20, 2023 at 15:13 PM EDT
While fixed income is considered the safe, boring asset class in a portfolio, there’s a subcategory that’s a little riskier. High yield bonds are below investment-grade corporate bonds that credit rating agencies have rated below BBB- or Baa3. There are a number of reasons for this below investment-grade rating. The issuer could be highly leveraged. [...] The post The Highs (And Lows) of High Yield appeared first on ETF Trends .
