Riskier Road Ahead For High Yield Bonds
High yield bonds stumbled in September, with the European market registering its first monthly negative return since March. In this podcast, ING's Oleksiy Soroka looks at whether this trend will continue amid a second wave of COVID infections, the threat of renewed lockdowns, and the coming presidential election.
(Audio length 00:08:50)
High yield bonds - sometimes considered to be the canary in the coal mine for broader risk assets - took a negative turn last month, with money flowing out of the asset class in Europe for three straight weeks. In this podcast, ING's Senior High Yield Credit Analyst Oleksiy Soroka tells Senior Editor Rebecca Byrne whether this could be a sign of things to come.
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