high yield

'Time to rebalance portfolios'

'Finding good houses in bad neighbourhoods'

Opportunities in US TIPS and high yield

Risk misperceptions

Fabrice Pellous joins

Compelling income opportunities supported by favourable fundamental and technical conditions continue to attract investors to high yield bonds and loans.

Outflows continue to bite

Elevated yields and rising coupons look attractive, but credit spreads are relatively tight. This environment warrants both caution and optimism.

High-yield investors face a challenging backdrop, but attractive opportunities are starting to emerge amid the ongoing uncertainty, says Wellington Management’s Konstantin Leidman.