FYI: The tide of fund flows has turned back in favor of high-yield bonds.
Investors pulled money from U.S. high-yield bond funds for the last 11 weeks of 2017, according to EPFR. This year started off on a brighter note, with January inflows of more than $1 billion. Why the change of heart?
High-yield bonds wobbled late last year as the stock market rallied, which is generally accepted as a sign that a big correction is imminent.
Regards,
Ted
http://www.cetusnews.com/business/It’s-Not-Too-Late-to-Invest-in-High-Yield-Bonds.BkI9TUgrf.html