
High yield
Credit Suisse cruised to the top spot in the dollar high-yield secondary market liquidity survey this quarter, taking first place for the deals that it brought to market, as well as for the 'all bonds' category. Tim O'Hara, co-head of leveraged finance at Credit Suisse in New York, says that investors in US high yield are finding it increasingly difficult to eke out returns from current tight spreads.
"Volatility has been low for quite some time and that can make it a fairly challenging
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