U.S. high yield rebounded this year after experiencing the worst total return year in 2022 since the Global Financial Crisis. The doubling of yields in 2022 have reset valuations to more attractive levels. These higher average yields may improve its ability to generate income. They may also provide cushion for potential spread widening. A white [...] The post How High Yield Allocations Can Have Material Risk/Return Implications for Portfolios appeared first on ETF Trends .