122 days ago • Posted by William Ramstein

Yields have been pushed down by central banks since high March levels

The ICE BofA index for triple B-rated corporate bonds traded in euros yield 0.38 per cent compared to a high above 2% during the peak of March madness. Some budget airlines companies have credit ratings at the lowest level of investment grades and with a negative outlook from rating agencies, they could slip into junk bond status.