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US high yield bond segment could face some pressure

Sector has outperformed, delivering a cumulative return of 28% from start of 2016 to Oct 22, 2018 in US$ terms

WHILE most other major fixed income segments are posting losses on a year-to-date basis, the US high yield bond space has managed to thus far retain its year-to-date gains of 1.6 per cent (in US dollar terms). While this may seem paltry in absolute terms, it represents a sizeable outperformance...

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