Central bankers to keep credit hot?
06 August 2019 |
8:34 am
As waves of easy monetary policy wash over the world’s financial markets, some of euro-denominated high-yield bonds are now trading with a negative yield. But in a sign of increasing bifurcation between riskier and safer credits, some issuers had to offer chunky yields to draw investor interest, while others found heated demand. Bloomberg's Jonathan Ferro sat down with TD’s Priya Misra, JPMorgan’s Oksana Aronov and Robert Tipp of PGIM Fixed Income to discuss the outlook for high yield and investment grade credit.
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