Outlook for High Yield

2019 – Carry 500

25 Jan 2019

Before we explain how the high yield bond sector should perform in the coming year, we should take a quick look back to remember what drove performance in 2018. In short, total returns were slightly negative in the two largest segments of the global high yield market. High yield bond prices fell due to a rise in interest rates and credit spreads despite the continued low default environment.