Code Red In High Yield |
July 26, 2014 | July 2014 Bond Updates |
In my 20 years of managing high yield bond investments, I’ve never seen so many signals that scream caution. Desperate to find yield, investors have poured billions into high yield bond funds and ETFs driving the yield on the Barclays High Yield Bond Index to just 5.54% -- the lowest level in history. Investors are positioning in a risk they may not fully understand. |
View more at: http://www.forbes.com/sites/greatspeculations/2014/07/25/code-red-in-high-yield/ |
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