Underperforming investors start digging into triple C-rated debt – Financial Times
Investors’ voracious appetite for high yielding assets is boosting some of the riskier bond classes that have so far lagged behind a large rally in corporate debt.
The additional yield above US government debt on corporate bonds with a triple C rating or less, placing them near the bottom of the scale, fell more than 1 percentage point to 12.38 points. percentage over the past month, pushing…
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