With the spread between 10-year Treasurys and many high-yield bond funds now exceeding 5%, hopes...

|By:, SA News Editor

With the spread between 10-year Treasurys and many high-yield bond funds now exceeding 5%, hopes are up for a strong year for sub-investment-grade debt. Fund manager Tom Haag suggests looking at the debt of BB-rated companies that could be due for an upgrade, such as JCP and HOT. (previously)