Warning Signals in the High-Yield Bond Market and Credit Quality Status
- 1High-yield bond yields rose from 7.22% a month ago to 8.1%.
- 2The recent high-yield market-wide spread of 315bp is lower than the March high-yield market spread of 346bp.
- 3BB bonds account for more than 60% of the market, and credit quality remains at record high levels.
So what's the key point?
Yields on risky bonds have risen to 8.1% in one month. However, market credit quality is maintaining its best levels ever.
Source CNBC · View original ↗
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