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European high-yield investors don't know from troubles there, ahead by 12% YTD with stocks in...

European high-yield investors don't know from troubles there, ahead by 12% YTD with stocks in the tank, writes James Tomlins. He believes a world of microscopic rates, slow growth, and deleveraging has altered correlations, allowing high-yield to perform even as returns to shareholders lag.
Comments (2)
  • Nothing surprising in the current step of deleveraging cycle
    HY investment is about getting your money back within 2 to 4 years
    not about growth searching
    24 Jul 2012, 02:58 PM Reply Like
  • In a world with a Strengthening US Dollar and a sea of low yield alternatives, it is obvious that returns on Junk are the new darlings on the street.
    24 Jul 2012, 03:04 PM Reply Like
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