Larry Berman CFA, CMT, CTA
Blackrock Corporate High Yield Fund Inc
HYT-N
DON'T BUY
Jul 31, 2020
A high yield play. It has come back because the federal reserve has implied support for buying bond that were downgraded to junk status. In the next few quarters, default rates will be higher than the financial crisis or the dot com crash. He would not touch it.