1601 GMT - Riskier high-yield corporate bonds look attractive due to their elevated yields and low default rates, UBP's chief strategist Mohammed Kazmi says in a note. Additional tier one, or AT1, bonds are also a good opportunity for investors due to banks' strong financial ratios, Kazmi says. AT1 bonds are high-risk debt issued by banks which offer high interest payments. UBP is a private bank and wealth manager. (miriam.mukuru@wsj.com)
(END) Dow Jones Newswires
November 07, 2024 11:01 ET (16:01 GMT)
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