Within High Yield, Credit Rating Category Positioning Matters
August 21, 2023 at 14:16 PM EDT
Issuers of high yield bonds remain resilient going into the second half of 2023, with their balance sheets still well-positioned. And according to BondBloxx, the credit quality breakdown within high yield remains better than before previous downcycles. Nearly half of the bonds within the high yield market are rated double-B. High yield bonds currently offer [...] The post Within High Yield, Credit Rating Category Positioning Matters appeared first on ETF Trends .