by WH-HaGim24 | Aug 28, 2024 | High Yield, Specialist Article
How have high-yield bonds historically performed at the start of an interest rate cut cycle? We’ve taken a closer look and will explain how the markets have historically performed during such phases. The cycle of interest rate cuts has begun: In June, the ECB cut its...
by WH-HaGim24 | Aug 2, 2024 | High Yield, Specialist Article
Normally, longer-term corporate bonds command higher risk premiums as compensation for the increased uncertainty. In times of stress or crisis, however, this can temporarily reverse, and shorter-term bonds may exhibit comparable or even higher spreads! Upward-Sloping...
by WH-HaGim24 | Jul 18, 2024 | High Yield, Specialist Article
Despite an overall positive environment for European high-yield bonds, investors in CCC-rated bonds have had little to celebrate this year. Several major issuers in the high-yield sector were downgraded to CCC. However, after a weak start to 2024, the segment appears...