High Yield Corporate Credit A Buy Despite Increase In Rates, Says Barclays

High yield Corporate Credit a good buy for next year? One bank thinks so With the US Ten Year Treasury note touching 4.466%, bumping up against weekly high yield, low price levels, Barclays Credit Strategy analysts say “All News Is Good News” as risk assets “remain relatively immune to macro developments” such as the Italian referendum outcome or the European Central Bank’s recent decision to pull back on its quantitative gymnastics. High yield Corporate Credit looks good, says Barclays While the government bond market has been selling off, the corporate credit markets continued their post-election romp. With the S&P 500…