Positive sentiment towards eurozone bonds is holding after Trump went ahead with plans for tariffs on Canadian and Mexican goods and threatened a move against Europe, ING said.
PIMCO is the big-yield bond fund leader, and the Dynamic Income Opportunities Fund stands out right now. Learn more about PDO CEF and why it is a Hold.
The default rate in Europe’s €340bn high yield — or junk — bond market will climb to 5 per cent this year, according to a prediction from JPMorgan, the US bank. That is up from a rate of 3.3 per cent ...