NEW YORK ( Fabian Capital Management) -- I am an avid surfer and have always enjoyed being in the ocean throughout my life. I find that riding the waves completely takes me away from the stresses of the financial markets and other daily tasks.The key to successfully navigating the 10-second rush of adrenaline you get when you catch a swell is to find the sweet spot in the break. That unique place that is not too far out on the shoulder and not too far back near the white water that will carry you the farthest and give you the smoothest ride. With the ocean constantly swirling around you and currents threatening to push you off course, being in perfect trim will allow you to sail through the surf and emerge from the water unscathed.
How to Play the Sweet Spot in High-Yield Bonds
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