The Fed is expected to hike rates in December as the stars have aligned over the past few weeks: the Fedspeak, the economic data and markets are all priced-in and well anticipated and nobody would be surprised, said John Bellows of Western Asset Management. But the bigger question remains what would drive long-term bond yields and it’s unlikely a 25 …
One Man’s Opinion: Can High Yield Bonds Give Decent Returns In A Low Interest Environment?
It’s difficult to spot an upside in the high yields market since there has been an enormous rally in the segment with all time high dollar prices and all time low yields in the history of these industries. Still, compared to other bond markets, the high-yield segment offers better returns, says Jeff Peskind, Chief Investment Officer and Founder of Phoenix …