Industry Voice: Capitalising on the growth of the global high-yield market

Non-US issuers have grown from a negligible amount 20 years ago to almost half of a $2 trillion global high yield market, providing expanded opportunities for alpha and diversification compared with investing in just one region.

Eaton Vance's portfolio managers discuss the advantages of high-yield bonds, as they offer better risk-adjusted returns and lower interest-rate sensitivity than the broad fixed-income market.

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