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US: Favor High-Yield Over Investment Grade
Appropriate valuation measures show that high-yield corporate spreads are very attractive in the current environment, while investment grade corporate spreads are tight compared to our fair value estimates. From our analysis of the three phases of the…
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BCAリサーチ | Daily Insights
Concise macro insight that cuts through daily noise, helping clients stay informed on what matters in markets, why it matters, and how to talk about it, without spending hours reading research.
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