Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
FYI: market into a tailspin late last year, the asset class has come back. High-yield is the best performer in U.S. fixed-income in the year so far, after chalking up positive returns in April to outperform investment-grade and Treasuries. High-yield debt has returned 3.8% in the year so far, according to the Bank of America Merrill Lynch Global Index System. That compares with 1.7% for investment grade and 1.3% for Treasuries. Regards, Ted http://www.marketwatch.com/story/junk-bonds-take-the-lead-in-fixed-income-returns-2015-05-01/print
