In Credit Weekly Snapshot – April 2024
Our fixed income team provide their weekly snapshot of market events.
High yield bonds: focus on maturity over duration
The CT (Lux) European Short-term High Yield Bond strategy focuses on maturity over duration to manage risk. This means lower interest rate sensitivity and less volatility growth.
In Credit Weekly Snapshot – March 2024
Our fixed income team provide their weekly snapshot of market events.
European high yield: refinancing risks looking more manageable
We continue to forecast moderate earnings growth for FY24 and see an overall healthy cash flow picture.
Three reasons to allocate to European High Yield
From an evolving market to historical performance via higher yields with modest default rates, here’s why you should consider European High Yield.
Euro high yield default outlook: benign but bifurcated
Higher-rated issuers have been able to term-out maturities and maintain healthy liquidity levels.
European high yield: impact from rising rates is so far relatively muted
Credit metrics should remain healthy through 2024, even as revenues and earnings growth are likely to slow as the macro backdrop starts to bite.
Threadneedle (Lux) European High Yield Bond Update
Wie hat sich das Jahr 2023 bisher entwickelt, welche Trends haben sich aus dem Jahr 2022 fortgesetzt, und wie positionieren wir uns im weiteren Jahresverlauf?
Prognose der Ausfallquoten für europäische Hochzinsanleihen – überwiegend mild mit negativer Grundtendenz
Wir prognostizieren weiterhin relativ geringe kurzfristige Ausfallquoten, stellen aber fest, dass der unterschwellige Trend leicht nach unten weist.
In Credit Weekly Snapshot – September 2022
Our fixed income team provide their weekly snapshot of market events.