U.S. junk bond yields drop below 4% for the first time – BNN

U.S. junk bond yields drop below 4% for the first time – BNN

The average yield on unwanted US bonds fell below 4% for the first time, as investors seeking refuge from extremely low interest rates continue to cram into a historically asset class known for its high yields. The Bloomberg Barclays US Corporate High-Yield Index measure fell to 3.96% on Monday night, making it four consecutive sessions […]
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