With tensions simmering in the Middle East and the global economy feeling the pinch of high energy prices, high-yield bonds might not be on every investor’s radar. In our view, they should be.
With energy prices elevated, we think both midstream and independent exploration and production (E&P) companies warrant a closer look.
For high-yield investors, the word of the day is judgment. Today’s backdrop is supportive, yet nuanced—which is exactly when disciplined, active credit selection can matter most.
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By William Smith
As market conditions shift, opportunities stand out.
With tensions simmering in the Middle East and the global economy feeling the pinch of high energy prices, high-yield bonds might not be on