Yield Bonds — Buy High

In a "K-shaped" economy, not all high yield bonds are created equal. While the for the year, the gap between winners and losers will widen.

: Most new issuance is currently for refinancing existing debt rather than new borrowing. This "positive technical" provides a steady supply of high-quality, short-duration paper for income seekers. Strategies for the Current Market buy high yield bonds

: Keep an eye on former investment-grade companies downgraded to high yield. Historically, these bonds offer outsized returns as they often trade independently of the broader market. In a "K-shaped" economy, not all high yield

Here is why investors are doubling down on high yield right now—and how to play it. Why Buy High Yield Now? In a "K-shaped" economy