ZHY - BMO High Yield US Corporate Bond Hedged to CAD Index ETF (Hedged Units)

Bond markets are once again grappling with the spectre of higher interest rate increases from the Fed, with high-yield issuers facing the fastest pace of ratings downgrades since early 2020. On today’s episode, portfolio managers Winnie Jiang, Alfred Lee and your host Mckenzie Box explore how investors should position their current fixed-income exposures. They also discuss the resurgence of Canadian REITs this year as the Bank of Canada pauses its rate-hiking cycle for the time being, while also diving into the steepening yield-curve inversion and what it portends for the so-called soft- and hard-landing scenarios for the U.S. and Canadian economies.