Introduction
Negative weekly performance for the high-yield bonds and the closed-end funds which invest in such products. The main reason behind the panic was the concern about the spread of the coronavirus. When the market environment is not stable and the investors are concerned, the riskier assets are the ones that are highly affected by these factors. If the situation around the virus does not go in the right direction, we may see an additional decrease in the high-yield sector. Also, we will closely monitor the Federal Reserve’s policy meeting next week starting Tuesday. The