Market Focus
High Yield Is Currently Also Very High Risk
For long-term investors, high-yield bonds are an attractive asset class. They behave like low-volatility equities: In the US, they have a 70-80% correlation with equities, but with a beta of only around one-third. The Sharpe ratio of US high-yield bonds…
Interested in reading the full Daily Insight?
Read the full insight with instant access.
BCA Research | Daily Insights
Stay on top of market events and BCA's latest ideas, with high value, timely insights delivered to your inbox daily.
Stay Connected with BCA
Get our latest events and research insights delivered to your inbox.