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High Yield Is Living Up to its Moniker
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ETF Database
Sep 9, 2022, 7:01:05 PM9/9/22
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High yield is really living up to its name. An Ice Data Services index shows that yields on so-called domestic junk bonds have risen to nearly 8.6% from a mid-August low of 7.4%, reflecting a substantial price drop. And the gap between the yields on U.S. high yield fixed income and U.S. government debt has also widened considerably-to slightly above five percentage points from 4.2 percentage points in mid-August.
https://etfdb.com/institutional-income-strategies-channel/high-yield-is-living-up-to-its-moniker/
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