The high yield investment market has been a pillar of strength. Bank of America Merrill Lynch, for instance, notes in a January 11 report that given the deterioration in technical and fundamental factors, the market has held up reasonably well. Based on this strength, BAML is holding to its positive strategic longer term view regarding performance in the asset class. The report does look at other market factors, noting “misplaced faith.” But the most ominous warning is likely the one regarding China Reserves. China Reserves – Despite headwinds, high yield investment market has gotten off to a strong start in…
On This Page
- China Reserves - Despite headwinds, high yield investment market has gotten off to a strong start in 2017
- Hedge Funds Struggle With Short Yuan Trade
- Soros Warned By China Not To Short Yuan Or HKD
- China Reserves Aside Still Expect high yield investment to return 4% to 5% in 2017
- China Reserves - Market has "misplaced faith"
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