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Here are some key special considerations when evaluating the credit of high yield and sovereign bonds: - High Yield Bonds: These bonds are rated below investment grade and have higher credit risk. Key factors include volatility of cash flows, leverage/debt levels, liquidity risk. Industry trends are also important. - Sovereign Bonds: The credit analysis focuses more on macroeconomic factors like GDP growth, inflation, currency risk, political stability, debt sustainability. Ability and willingness of th

Author
Jesus Luis
Language
EN