bunhill The high-yield sector remains in a state of flux as it appears increasingly likely that the Federal Reserve is going to cut rates at some point later this year, potentially as soon as September. However, at the same time, inflation has remained somewhat sticky, and the yield curve is steeply inverted. This indicates that long-term interest rates are not as likely to fall meaningfully in the near term as short-term rates are. This means that high-yield stocks, which tend to be more impacted by lo ...