MS: Higher Rates Won't Hit High-Yield Debt….YetRupert Hargreaves
High-Yield Debt should get hurt as interest rates rise - right? Maybe not
Last year the 10-year Treasury yield rose by 124 basis points from the trough in early July through to its peak. Many Wall Street analysts are predicting another leg higher for the benchmark this year but what will higher rates mean for corporates?
Since the financial crisis, as interest rates have been pushed ever lower . . .
This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email firstname.lastname@example.org and we will get back to you as quick as humanly possible