0753 GMT - Nordic high-yield corporate bonds impress with their high returns and low volatility, despite a challenging economic environment, says Lazard Asset Management's Daniel Herdt in a note. Investors in this market benefit from a yield premium of over 200 basis points over traditional high-yield markets, the portfolio manager and analyst says. "This higher return is primarily due to the fact that it is a specialized market with smaller issuers who have to pay an attractive premium for their financing," he says. The Nordic high-yield market remains an interesting portfolio component for investors due to relatively stable fundamental data, attractive returns and hardly any interest-rate sensitivity, he says. (emese.bartha@wsj.com)
(END) Dow Jones Newswires
February 26, 2025 02:53 ET (07:53 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。