The search for yield continues and the spread between the Barclays B rated US High Yield index and US treasuries narrowed to just 300 bps or a yield to worst of 4.9%. This is the lowest level since July 2007 for B rated bonds which sit just above the riskiest CCC debt. From a historical perspective spreads can stay at these levels for some time, however, the upside is limited.
- 16/01/2020
- Blog, Newsflash
Search for yield continues
- English, Yield
LinkedIn
Twitter
Email