Has High Yield Already Bottomed?

Since at June of last year, when the high yield market started to underperform equities, investors have been concerned about high yield "leading the way." Ongoing weakness in the high yield market has kept that concern front and center, but it is possible the worst is behind us. Recent total returns are very strong and the market is above the 2015 lows High Yield Fund flows were strong and have been gaining momentum Oil has potentially stabilized which might be enough There are some other posit...