2020年美国高收益债市场展望

High Yield Bond Outlook For 2020
by Ploutos from seekingalpha.com
Summary要点High yield corporate bonds posted solid total returns of 14% on average in 2019.
2019年美国高收益债市场走势强劲，总回报率达到14%；
With interest rates lower and spreads near historically low levels for the highest-quality parts of the market, the trade has less upside as we head into 2020.
由于利率水平已处于低位及信用等级最高的高收益债的信用利差水平接近历史最低点，进入 ( 点击阅读全文 )

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