Why Rising Rates Are Good for High-Yield Credit

| |

A pending US interest-rate hike and worries about inflation may have persuaded investors to start avoiding bonds. We think that’s a mistake, especially when it comes to high yield, a sector that often thrives when rates rise. Bonds, of course, are highly sensitive to interest-rate movements—when rates rise, prices fall. And rising rates can certainly create…

Professional Market Insights via Marketnomics (NMM Pro)