Skip to Content
Quarter-End Insights

Credit Markets: Investment Grade Struggles While High Yield Strengthens

Most fixed-income indexes declined in the second quarter as rising interest rates took their toll.

Mentioned: , , ,
  • The yield curve continues to flatten.
  • Outflows among high-yield open-end funds overwhelm ETF inflows.
  • Downgrades edge out upgrades during the second quarter 


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