High-Yield Is Most Overpriced Since Crisis – ValueWalk Premium
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High-Yield Is Most Overpriced Since Crisis

High-yield collapse ahead?

Donald Trump’s inflationary rhetoric may have sent yields surging in the United States, but credit is still broadly expensive throughout the entire world especially in the risky high-yield space.

In Europe, high-yield is particularly expensive thanks to the European Central Bank’s big QE bazooka. According to research from SocGen, European high yield is as . . .

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