Another Look At Investment Grade Bonds Vs High Yield (Junk) Bonds
by Kevin Muir of The Macro Tourist Last week’s piece about the widening of investment-grade credit versus high-yield got so many intelligent responses, I thought instead of writing on a new topic today, I would take the lazy route and simply share the insights. Quick recap – although most risk-on indicators are sitting near recent highs, investment-grade bonds have … Read more