Investor concerns about the potential economic impact of the April 2 tariff announcements have weighed on the high yield bond market. That sentiment is evident in spread widening in recent days. While the ultimate effect of the tariffs is an open question, we would note that many high yield issuers participate in areas of the economy that may feel less pressure from tariff-driven price movements. Further, history suggests that recent spread levels may represent an attractive entry point for investors.
Join Lord Abbett Investment Leaders for a 10-minute webinar as they discuss the following topics:
- Market Outlook: How the high yield market could fare amid economic and interest-rate uncertainty
- Opportunities & Concerns: Assessing spread movements and the credit quality of the market
- Portfolio Positioning: How the Lord Abbett team is determining high yield allocations in the current environment