Bond Market Perspectives

We find it premature to draw conclusions

regarding oil prices and the performance of the

broad high-yield bond market.

Default rates, the pace of economic growth,

and the strength of credit quality metrics

among high-yield issuers — not oil prices — will

be the primary drivers of high-yield bond

market returns.

Bond Market Perspectives


Jason A. Jennings, CFP®

Managing Partner

6 W. 2nd St.

Frederick, MD 21701

240.215.4709 office

240.439.4475 fax

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The CERTIFIED FINANCIAL PLANNER™, CFP® are professional certification marks granted in the United States by Certified Financial Planner Board of Standards, Inc. (“CFP Board”).