The outlook for high yield in the oilfield
Fundamental research offers a guide to the risk that low oil prices pose to energy companies with high yield debt.
Putnam Perspectives
Research insights from active investors
Gas, chemicals break new ground in high yield
Fundamental changes in old industries, from gas to chemicals to telecommunications, are shaping the landscape of high-yield investment opportunities. As interest rates rise, bond prices fall. Lower-rated bonds may...
High yield bonds offer total return potential
Generous yield spreads and a low default rate on corporate debt give high-yield bonds attractive investment potential in today’s market. Lower-rated bonds may offer higher yields in return for...
Low default rate supportive for high-yield debt
A modest pace of economic recovery has helped to keep the corporate default rate below historical averages and provides favorable conditions for high-yield bonds. Lower-rated bonds may offer higher...
Attractive yields defy default outlook
Spreads on high-yield bonds widened to attractive levels even as the expected corporate default rate has remained subdued.
The case for high-yield bonds
We believe the sell-off in high-yield bonds actually represents an investment opportunity.