PGIM Investments: Global High Yield: An Attractive Entry Point?

With higher yields and wider credit spreads shaping the bond market backdrop, investors don’t need to embrace added risk in search of attractive income, according to Jonathan Butler, Head of European Leveraged Finance and Co-Head of Global High Yield at PGIM Fixed Income. In a recent interview, he explained how he and his team have capitalized on this year’s conditions to significantly boost yield while reducing risk in the portfolio.

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