- On Fixed Income
- High Yield Debt Can Boost Income And Return Potential Amid Low Yields
- Downside risk management is crucial.
- Key Insights
- Volatility and low yields are likely to persist over the next few years as the global economy recovers from the shock of the coronavirus.
- High yield bonds, which historically have tended to outperform equities in the years immediately following a recession, may be an attractive option for investors looking for yield in the post‑coronavirus economic environment.
- We believe the best opportunities within high yield over the next few years are likely to be in defensive areas such as cable and retail.
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