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Shrinking Junk Bond Issuance Keeps U.S. High-Yield Prices Afloat

TedTed
in The Bullpen
FYI: Low supply in new high-yield bond offerings has kept prices afloat despite persistent investor outflows. High-yield bond funds have had net outflows in 10 of 13 weekly periods this year, totaling roughly $18 billion, according to Lipper data, as fears of rising interest rates have driven investors to other markets.
Regards,
Ted
https://www.reuters.com/article/us-usa-junkbonds/shrinking-junk-bond-issuance-keeps-u-s-high-yield-prices-afloat-idUSKBN1H52LR
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