2016 has been a record year for high-yield investors and analysts at Bank of America Merrill Lynch believe that good High-Yield Returns can continue into 2017.
- BAML: Bullish High Yield Thesis Rests On Three Pillars Which Are Teetering
- BAML Warns That High Yield Risks Are Growing
- BAML: High Yield Bonds Benefit As Foreign Investors Stuck In TINA
In a research note focused on the high-yield space published earlier this week, Bank of America strategists Michael Contopoulos, Michael John and Neha Khoda write that they expect the US high-yield space to produce a total return of 4% to 5% next year, which is below 2016’s current total return, but inline with the 30-year average.

