Posts by Josh Rank, Portfolio Manager-Global High Yield, Principal Global Fixed Income

Does Duration Matter in High Yield Investing?



The use of the term duration has successfully been adopted by the high yield investment universe over the past few of years.  Why? Because all else being equal, lower duration means lower interest-rate risk. And the number-one concern for fixed income investors over the past several years has been…

Read more

Interest Rates and High Yield Bonds….Correlated?



In a perfect world, a diversified portfolio would have asset classes that are uncorrelated, allowing an investor to maximize return while minimizing risk.  As every high yield portfolio manager has probably told you, high yield bonds have had low correlations with other asset classes, and they can…

Read more