Robeco - High yield market gripped by rising rates, oil prices and takeover deluge

Increasing takeover activity, fluctuations in the oil price and an outlook of rising interest rates are creating new opportunities and dangers for high yield bonds: this is the domain of Sander Bus, fund manager of the Robeco High Yield Bonds Fund.

Speed read:
- Oil price antics dominate movements in the high yield market
- Preference for using derivatives rather than short-dated bonds to reduce duration
- Heightened merger and acquisition activity generates both opportunities and risks