PIMCO's Kiesel: High yield sell-off means short-dated opportunity
The recent sell-off in high yield means opportunities in the 'rising stars', housing, and building materials sectors, explains PIMCO's deputy CIO Mark Kiesel.
The volatility of the high yield bond sector in July and August reminded investors of the significant influence that technicals can exert on the market. After ten months of positive performance, investors...
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