BLOOMBERG Bloomberg Real Yield August 11, 2017
The reach for yield is apparent in every asset class. We know the insatiable chase for yield continues. We should be watching for excesses or buoyancy to get to a tipping point. It should not surprise that this thirst for yield has gotten into the highyield market stree. Am i being compensated for the risk im taking on . You have to be buying credit somewhere whether its highyield or highquality corporate in an effort to get some spread over that which they can earn in treasuries. As a consequence, you have a sort of natural buyer for it even if they have to hold their nose for it while theyre...