Putnam High Yield Trust
How Have High Yield Bonds Reacted to the Fed’s March Policy?
Yields on high yield bonds, as measured by the BofA Merrill Lynch US High Yield Master II Effective Yield, have fallen since early March. They ended March 15 at 8.39%.
Analyzing High-Yield Bonds and Instruments for Retail Investors
High-yield bonds, also known as “junk bonds,” are debt instruments issued by companies. They provide a higher yield than bonds in other classes.