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Review: High-Yield CEFs - Positive First Week Of The Year
Summary Over the first full week of 2020, the benchmark of high-yield bonds managed to increase its price by $0.17 per share. We continue to see a strong correlation between high-yield bonds and the stock market. The Z-scores of the closed-end funds that invest in high-yield bonds remain relatively high, and we cannot find so attractive investment opportunity for our portfolio
