Volatility has once again returned to financial markets over the last couple months, most visibly with wild equity price movements that we saw in February and again over the last week. While the high yield bond market certainly has not …

As we brace for another FOMC meeting and an expected rise in the Federal Funds Rate, we continue to hear investors express concerns about how the high yield market will fare in the face of rising rates.  Looking back over …

Accurately calling interest rate moves has proved to be a difficult, and futile, task for investors over the past several years as we have seen wild moves and really no sustained direction.  While the only aspect of rates that can …