With Investors Piling Into Risky Debt, Yields Are Dropping Even Further
February 10, 2021 at 13:04 PM EST
Rates were at bottom-of-the-barrel lows during much of 2020, causing a voracious appetite for yield. This caused fixed income investors to pile into risky debt, and is now dropping yields further. In the current market landscape, Treasury yields are starting to head higher. This, in turn, could...