The Wall Street Journal – High-Yield Bond Sales Soar to Record as Investors Have Few Other Places to Go

November 26, 2021
Original article by Sebastian Pellejero

Lyniese Patterson, Portfolio Manager at Income Research + Management, spoke with The Wall Street Journal about where IR+M sees value in the high-yield debt market. Lyniese shared, that given the strong economic backdrop in 4Q2021, the firm’s high-yield team has shifted holdings into lower-rated debt. Lyniese also explained why she and her colleagues favor holdings tied to machinery and tools.

Read full article here (paywalled).

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