1302 GMT - U.S. and European high-yield credit continues to benefit from solid investor demand, Fitch Ratings says in a note. "Given the strong demand for high-yield bonds, lenders and investors are competing to finance leveraged issuers." High-yield credit spreads remain below the average for the past 20-years, they say. "These technical conditions support the continued appeal of high-yield and leveraged finance on a risk-adjusted return basis."
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.