Pricey Junk Bonds Are Seeing a Sudden Vibe Shift: Credit Weekly
Bullish bets on high-yield corporate bonds are starting to unravel as interest rates look set to stay higher for longer.Most Read from BloombergThe Wagner Mutiny Foreshadows a Russian DefeatRussia Latest: Kremlin Says It Gave Prigozhin Deal to End MutinyPrigozhin Turns Forces Back in Deal With Kremlin to Drop ChargesWagner Chief Marches on Moscow in Mutiny Challenging PutinPrigozhin Says Wagner Won’t Surrender After Putin’s AddressInvestors are turning back to safer investment-grade notes instea
Source: yahoo.com