UBP says high-yield credit looks favorable at elevated yields
UBP’s Filipe Alves da Silva said high-yield corporate bonds offer attractive yields and that underlying credit quality has improved, though higher energy prices and rates could weigh on growth.
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09:32:15 AM UTC
SquawkNews
High-yield corporate bonds offer attractive yields and their underlying quality is good, UBP's Filipe Alves da Silva says in a note. "The underlying quality of high yield has improved in recent decades, with BBs (56% of the index) gaining share at the expense of CCCs (11%)." The all-in yield on hig…