A focus on duration amid the nonstop rise in rates
This week’s chart looks at high yield bonds’ limited duration profile compared to investment grade bonds.
Credit offers elevated yields, attractive valuations
High yield bonds and senior secured loans may offer attractive yields and an appealing entry point compared to stocks.
High yield attractive amid elevated yields?
High yield bonds offer attractive income and a potentially good entry point. This week’s chart looks at high yield bond yields and spreads over time.
In 2023, the Agg has seen little bounce-back
The Agg has lost steam with three consecutive monthly declines. This week’s chart tracks its monthly returns against the 10-year yield.
Credit attractive compared to expensive stocks?
Stocks remain expensive and credit markets may offer an attractive alternative. This week’s chart looks at diverging valuations over time.
Credit performed well after previous Fed pauses
With the Fed potentially pausing after a May rate hike, this week’s chart looks at credit returns after historical pauses in Fed rate hiking cycles.
