The positioning decisions investors make among industry sectors in U.S. high yield can have material performance implications for their portfolios. Over the past 25 years, U.S. high-yield bonds have exhibited wide variations in returns across industry
sectors. And if the returns these sectors have demonstrated this year so far are any indication, 2022 is no exception.
https://etfdb.com/institutional-income-strategies-channel/sector-positioning-matters-within-u-s-high-yield/
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