We remain marketweight on credit and continue to favor investment grade over high yield. Within investment grade we prefer BBBs. Valuation concerns and deteriorating fundamentals have weighed on the outlook. Other factors, including liquidity and technicals, remain positive. To upgrade high yield we would probably need to see an upside yield breakout.
Complete the form and a member of our team will send you a copy of this publication.
While you wait, explore additional NDR research and solutions.
Institutional Investors
Custom Research
Wealth Managers
Stock Selection
ETF Selection
Please note that you are using an unsupported browser. While the site will continue to function, you might experience sub-optimal behavior until you upgrade. Please update your browser to a later version for a better experience.