<description>&lt;p&gt;The US economy is headed for a spell of slower growth in 2026 and while inflation may not fall much further, slack in the labour market should allow for additional cuts in the benchmark fed funds rate – overall, this is a favourable backdrop for US high-yield corporate bonds. Jack Stephenson, Investment Specialist for US High-Yield, tells Chief Market Strategist Daniel Morris that high-yield credit is perhaps not the cheapest now, but the quality of bond issuers has improved notably.&lt;/p&gt;&lt;p&gt;&lt;br&gt;&lt;/p&gt;&lt;p&gt;For more insights, visit Viewpoint: &lt;a href="https://viewpoint.bnpparibas-am.com/"&gt;https://viewpoint.bnpparibas-am.com/&lt;/a&gt;&lt;/p&gt;&lt;p&gt;Download the Viewpoint app: &lt;a href="https://onelink.to/tpxq34"&gt;https://onelink.to/tpxq34&lt;/a&gt;&lt;/p&gt;&lt;p&gt;Follow us on LinkedIn: &lt;a href="https://bnpp.lk/am"&gt;https://bnpp.lk/am&lt;/a&gt;&lt;/p&gt;&lt;br/&gt;&lt;p&gt;Hosted on Ausha. See &lt;a href="https://ausha.co/privacy-policy"&gt;ausha.co/privacy-policy&lt;/a&gt; for more information.&lt;/p&gt;</description>

Investment Insights

BNP Paribas Asset Management

Talking Heads - US high-yield bonds benefit from improved quality and demand

DEC 16, 202512 MIN
Investment Insights

Talking Heads - US high-yield bonds benefit from improved quality and demand

DEC 16, 202512 MIN

Description

The US economy is headed for a spell of slower growth in 2026 and while inflation may not fall much further, slack in the labour market should allow for additional cuts in the benchmark fed funds rate – overall, this is a favourable backdrop for US high-yield corporate bonds. Jack Stephenson, Investment Specialist for US High-Yield, tells Chief Market Strategist Daniel Morris that high-yield credit is perhaps not the cheapest now, but the quality of bond issuers has improved notably.For more insights, visit Viewpoint: https://viewpoint.bnpparibas-am.com/Download the Viewpoint app: https://onelink.to/tpxq34Follow us on LinkedIn: https://bnpp.lk/amHosted on Ausha. See ausha.co/privacy-policy for more information.