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Eaton Vance

2019 Top 400 ranking: 51

High yield market reacting to positive news, though potentially negative catalysts loom

High yield market reacting to positive news, though potentially negative catalysts loom

The US high yield market got off to a slow start in May, but later surged following promising news on initial trials of several experimental COVID-19 vaccines, a rebound in oil prices and the ongoing stimulus from global central banks, with the expectation of more to come.

Eaton Vance 

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