High Yield Outperforms All Other Fixed Income
October 10, 2023 at 11:56 AM EDT
While fixed income markets dipped last month, U.S. high yield led returns within the asset class. In fact, so-called junk bonds outperformed investment-grade fixed income by a wide margin. Per BondBloxx, U.S. high yield returned 0.5% for the third quarter and 5.9% year-to-date as of September 30. Meanwhile, the Bloomberg US Aggregate Index returned -1.2% [...] The post High Yield Outperforms All Other Fixed Income appeared first on ETF Trends .
