Market watchers divided over higher-grade bonds

Market watchers are divided on the outlook for investment-grade and high-yield corporate bonds, amon...

Market watchers are divided on the outlook for investment-grade and high-yield corporate bonds, among conflicting concerns of inadequate yields and default risk. Credit Suisse Corporate Bond fund manager Kevin Adams says the continuing uncertainty in investment markets generally means quality is still of paramount importance. 'Quality bonds remain a safe haven. The high default risk among lower grade bonds appears to outweigh the potential rewards of a high yield,' he says. 'As equity markets remain volatile and economic recovery continues to move further away, the market's o...