FYI:
The commodities rally has flummoxed junk-bond investors who bet on the sector staying soft this year, hurting returns at dozens of funds that did not foresee the rebound in energy and metals.
Oil, mining, steel and gas bonds have delivered whopping sector returns this year up to 27%, wrong-footing those who moved underweight after high-yield lost almost 5% in 2015
Regards,
Ted
http://www.reuters.com/article/uscorpbonds-highyield-performance-idUSL2N182008
