Investors to Extend Hunt for Yield in Riskier Corporate Debt — Market Talk
2021-01-04 11:44:01.190 GMT

(Dow Jones) — 1144 GMT – Investors are likely to continue to scour riskier
euro-denominated corporate bond markets in an effort to rack up positive
returns within a low-yield environment, says Spread Research. « The race for
yield will definitely continue next year as demand remains strong for an asset
class which showed such resilience to extreme economic conditions, » says the
French credit rating and research firm. The European high-yield corporate bond
market returned 0.85% in December, bringing total returns of 1.9% for the
year. This helped European high yield to outperformed European leveraged
loans, which made a 1.6% total return, it says. (lorena.ruibal@wsj.com)

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