High Yields Boost Credit's Appeal but Investors Need to be Selective
Dow Jones10-22 16:03
0803 GMT - Credit holds appeal as an asset class, although the current uncertain geopolitical and economic backdrop mean investors need to be selective, Eyb & Wallwitz portfolio manager John Petersen says in a note. Higher yields have improved the outlook for future returns, making it increasingly worthwhile considering taking on more credit risk, he says. "In the current environment, however, prudent positioning and careful selection remain essential," he says.
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