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December 2, 2014

High-Yield Bonds & Oil Prices

bond_market_prespective_general2November 11, 2014 - HIGHLIGHTS

We find it premature to draw conclusions regarding oil prices and the performance of the broad high-yield bond market.

Default rates, the pace of economic growth, and the strength of credit quality metrics among high-yield issuers—not oil prices—will be the primary drivers of high-yield bond market returns.

Download the full version of High-Yield Bonds & Oil Prices: click here to download (PDF).

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