High Yield Bonds See Biggest One-Month Gain in 10 Years
August 16, 2022 at 10:27 AM EDT
U.S. high yield bonds seeing their biggest one-month rally in a decade suggests that the economy won’t fall into a recession. Amid the Federal Reserve’s plan to fight inflation with aggressive interest rate hikes, so-called junk bonds gained 5.9% in July and have also been gaining in August, according to Bloomberg. The rally came in [...] The post High Yield Bonds See Biggest One-Month Gain in 10 Years appeared first on ETF Trends .
