Eaton Vance
2019 Top 400 ranking: 51
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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