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HY vs. IG Excess and Total Returns Across Cycles: The UST Kicker
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Market Commentary

HY vs. IG Excess and Total Returns Across…

Glenn Reynolds, CFA
Dec 11, 2023
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Macro4Micro
Macro4Micro
HY vs. IG Excess and Total Returns Across Cycles: The UST Kicker
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We frame historical IG vs. HY excess and total returns and consider the UST factor in 2024. Shades of the late 90s?

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