Yields on lower-rated corporate debt are so low, says Fitch, the risk from higher rates may be...

|By:, SA News Editor

Yields on lower-rated corporate debt are so low, says Fitch, the risk from higher rates may be greater than the credit risk (cool table). Fitch isn't predicting an imminent rise in rates, but worries a few more years of ZIRP will just exacerbate what is already a large market imbalance. (full report)