U.S. corporate bond yield spreads unlikely to get “meaningfully” tighter – Amundi

June 15 (Reuters) – Yield spreads on U.corporate high-yield bonds are unlikely to tighten much beyond the current levels due to the credit market’s composition and a possible rise in interest rates, according to asset manager Amundi. “Spreads can go tighter, though not meaningfully tighter,” Ken Monaghan, co-head of high yield at Amundi U.told the Reuters Global Markets Forum on Tuesday.

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