Buy US High-Yield Debt as Inflation Hedge, Nuveen’s Malik Says

(Bloomberg) — It’s a good time to put money into assets that benefit from an inflationary environment, such as US high-yield debt, according to Nuveen Chief Investment Officer Saira Malik. Most Read from Bloomberg Buying high-yield debt today pays an 8% coupon, a spread that will likely narrow over the long term, providing a higher … Read more