High Yield Outperforms EM Debt, Single Bs Outperform Triple Cs

28 April 2022

Risk-off behavior in the credit markets last week had both triple-C- and double-B-rated bonds each reporting a -0.95% return for the week ending April 25. Single-B-rated bonds returned -0.81%, reports BondBloxx Investment Management co-founder and CIO Elya Schwartzman in his weekly update on the U.S. credit markets.