T. Rowe Price's Orchard remains cautious on US high yield despite recent strong performance

European high yield attractive

Tom Eckett
clock • 1 min read

Ken Orchard, co-manager of the $114m T. Rowe Price Diversified Income Bond fund, has said he is "not convinced" this is the time to be adding to US high yield despite strong technical factors and the rising oil price supporting the asset class.

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