12/17/2015

Aquila Manager Discusses High Yield Bond Market

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Aquila Three Peaks High Income Fund co-portfolio manager, Sandy Rufenacht, was interviewed recently on CNBC following several turbulent days of trading in the US high yield corporate bond market. He discussed the widening of high yield spreads that had been occurring for some time, the range of performance across quality rating categories within the high yield asset class, and technical pressure on high yield names brought about by trading in ETFs.

Listen to the full interview.

Aquila Three Peaks High Income Fund co-portfolio manager, Sandy Rufenacht

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Sandy Rufenacht was also among a number of industry professionals quoted by Reuters on the day the Fed implemented the 25 basis point rate increase.

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