May Junk Bond Winners and Losers

Best-Performing Automotive Bonds by Rating Group
The automotive sector was the best-performing industry in the high-yield corporate bond market in May, outperforming the benchmark Bank of America Merrill Lynch U.S. High Yield Master II Index by 183 basis points.

Worst-Performing Metals and Mining Bonds by Rating Group
The metals and mining sector was the worst-performing industry in the high-yield corporate bond market in May, underperforming the benchmark Bank of America Merrill Lynch U.S. High Yield Master II Index by 184 basis points.

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