Why is it a good time to allocate to high-yield markets via CDS indices?

Also Interesting

• BMO Market Charts
• Wachten op de ECB
• EMEA-Listed ETF Flash Flows

CDS indices outperformed bonds and behaved better in times of stress thanks to better liquidity

High-yield CDS indices have outperformed the high-yield bond market over the long term regardless of the interest rate exposure, as illustrated in Figure 3. This is a critical benefit at the time when investors are expecting interest rates to rise. Since the beginning of the year, CDS indices have outperformed the high-yield bond market and are returning …