A Look At Yield Curves and the Downside of Tax Reform for HY Bonds
Santelli Exchange: U.S. tax policy's debt deductibility downside
Academy Securities' Peter Tchir and CNBC's Rick Santelli discuss the yield curve and potential problems for high-yield companies.
There are three big themes in fixed income as we start the year, that I will be focusing on (link ).
- Does a flatter yield curve matter?
- Are global bond yields finally headed higher?
- Will we see High Yield bonds underperform?
I think the answer to all three questions is yes and will dig deeper into them over the coming days, in the meantime, here is a clip from Rick Santelli and I last week.