Junk Bond

Junk bonds are outperforming lower-risk debt across various markets in 2024. Optimistic wagers on the US economy's ability to defy historical patterns and avert a recession, despite the Federal Reserve's elevated borrowing costs, have stimulated a rally in junk bonds. The global speculative grade credit index, as reported by Bloomberg, has yielded a positive return of 1.3% thus far this year. Anticipating a reduction in default rates, numerous fund managers have expressed their confidence in sustained positive performance.

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Junk Bond.pdf