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What Should Investors Expect From High-Yield Bonds Today?

BlackRock's Jim Keenan discusses where we are in the credit cycle, bond-market liquidity, and why he likes bank loans.

Mentioned:

Sumit Desai: Hi, I'm Sumit Desai--senior fixed-income analyst with Morningstar's manager research team. Joining me today is Jim Keenan, global head of credit at BlackRock. Jim is the lead portfolio manager of BlackRock High Yield Bond (BHYAX).

Jim, thank you for joining me today.

Sumit Desai, CFA does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.