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Schemes urged to consider US high yield, floating rates, municipals to hedge interest rate rises

23 April 2015 •

Schemes should look to US floating rate loans, high yield and municipal bonds for higher returns in the flattened yield curve environment, according to Eaton Vance.

Chief income investment officer Payson Swaffield said these US credit sectors provide protection against rising interest rates as they will do well when short-term rates go up. Unlike other bond...

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