Top-Rated Junk Debt Becomes Sweet Spot as Investors Flee Risk
High-grade investors, including T. Rowe Price Associates Inc. and Invesco, are looking at dipping into the least risky corner of junk debt after a broader selloff pushed valuations lower.
By Zahra Tayeb · Bloomberg Markets
High-grade investors, including T. Rowe Price Associates Inc. and Invesco, are looking at dipping into the least risky corner of junk debt after a broader selloff pushed valuations lower.