That has cooled off billionaire Bill Gross' enthusiasm for the sector. Several MLPs still offer attractive income streams.
Gross had recently been pounding the table for another yield-focused investment vehicle: master limited partnerships (MLP). Given their high tax-advantaged yields and attractive valuations ...
High-yield credit offers compelling income opportunities, with starting yields in the 7–8% range historically associated with strong forward returns. Elevated issuance and a higher-quality index ...
Previously, he was a managing editor at Credit Card Insider. The best high-yield business savings account rate is currently 4.01% APY, available from Axos, with three other accounts offering 4.00%.
The high-yield bond market has enjoyed a good couple of years. The ICE BofA Global High Yield index returned 7% in 2023 and 9.4% in 2024 in sterling terms, having lost 2.3% in 2022. Yet going ...