Michael A. Gayed says the gap between high-yield and investment-grade credit spreads shows the extra return investors demand for holding junk-rated debt, while

BWB News TV • 2026-07-28 18:17 UTC • By Billy Odell Tucker-Robinson

Michael A. Gayed says the gap between high-yield and investment-grade credit spreads shows the extra return investors demand for holding junk-rated debt, while the JOJO Index tracks the full credit-quality spectrum.

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