The drop in oil prices is creating buying opportunities in energy high yield bonds, said Mark Vaselkiv, Portfolio Manager for the T. Rowe Price High-Yield Fund. Vaselkiv added that bonds issued by oil and natural gas companies comprise nearly 20% of the high yield market and have been trading at a discount. He said airline bonds have performed well since lower oil prices help airline margins. Vaselkiv said he is also finding values in European high yield bonds as well as higher coupons. Finally, he said demand will remain robust for high yield bonds in the current low-rate environment and investors keep buying any selloff.