Take Heed When It Comes To High Yield, Says Moody’s
December 24, 2019 at 10:34 AM EST
Debt ratings agency Moody’s recently warned investors to tread lightly when it comes to high yield debt. After significant gains in 2019 due to a rally in bond activity, a correction could be ahead where high yield debt could post “significant” losses. “High-yield bonds have rallied mightily...