Can high-yield bonds withstand a falling dollar?

Political pressure and macro shifts have cast doubt over the dollar’s safe-haven status — raising questions for a high-yield market that remains 80% dollar-denominated. In an exclusive article for latest Fixed Income Watchlist, Jack Holmes, Fund Manager at Artemis, discusses: • Why falling demand needn’t spell trouble for high yield • How long-term investors are making the market more resilient • Where currency-driven mispricings may offer opportunities With allocations evolving and bond issuance patterns shifting, going global in name — and in practice — can unlock yield without taking...