Tag Archives: S&P U.S. High Yield Corporate Distressed Bond Index
Distressed in Distressing Times
Jeff Gundlach has been recently quoted as asking, “the Fed can buy up corporate bond ETFs and thereby prop up prices of corporate bonds, but what happens when there are defaults and the artificial Fed price is replaced by the recovery value?” We have already seen how the S&P U.S. Corporate Investment Grade Corporate Bond…
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