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Sep 10 2013

U.S. High Yield Corporate Bonds: Maintain Neutral

  • Sep 10, 2013

On the positive side, the fundamental picture is still healthy for most U.S. high yield issuers, and defaults are expected to be low. On the negative side, weakening inflation expectations is a divergence that bears close monitoring. We will exercise patience and wait for a better entry point.

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About The Author

Chun Wang / Sr. Research Analyst & Co-Portfolio Manager