High-Yield Credit: What's in Your Wallet?
What does 2019 have in store for the high-yield sector? Kevin Flanagan, WisdomTree's Head of Fixed Income Strategy, discusses why investors might want to take a closer look at their high-yield holdings and consider upgrading their credit quality.
The most noteworthy story in the fixed income arena thus far in 2019 has come from the high-yield (HY) sector. After enduring a difficult end to 2018, HY has essentially done a 180, and early in the new year it is the best-performing asset class in bond-land. That’s the key, though—“early in the new year”—but what does the rest of 2019 have in store? Kevin Flanagan discusses why investors might want to take a closer look at their HY holdings and consider upgrading their credit quality.