1346 GMT - European investment-grade and high-yield corporate bonds have attractive credit spreads, making them more favorable than their U.S. equivalents, BlackRock Investment Institute strategists say in a note. Broadly, BlackRock Investment Institute is overweight on short-dated investment-grade credit as these bonds "better compensate for interest rate risk." It is underweight on long-dated credit due to tight spreads, though prefers Europe over the U.S., the strategists say. (miriam.mukuru@wsj.com)
(END) Dow Jones Newswires
April 15, 2025 09:46 ET (13:46 GMT)
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