After a very strong October, high-yield bonds have pulled back in November in a Halloween Hangover. October 2011 was tied for the fifth best month of performance for high-yield bonds relative to Treasuries on record (according to Barclays index excess return data). But, mid-way through November high-yield bonds have lagged Treasuries by 1.4% month-to-date. The pullback over the past two weeks…

To see the rest of this article, please click on the link below:

High-Yield Halloween Hangover