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.
Support MFO
Donate through PayPal
M* High Yield Still Poised to Outperform: Video Presentation
FYI: We continue to expect that high-yield bonds will provide better returns than investment-grade as underlying rates tick up and moderate economic growth holds down defaults. Regards, Ted http://www.morningstar.com/cover/videocenter.aspx?id=697056