Wednesday, November 16, 2016

REUTERS SUMMIT-Eaton Vance's Gaffney looking to buy cyclical high-yield bonds

NEW YORK, Nov 16 (Reuters) - Kathleen Gaffney, co-director

of investment-grade fixed income at $343 billion investment firm

Eaton Vance, said on Wednesday that she was looking to buy

high-yield bonds in the cyclical sector after a potential

selloff and that she was bullish on high-yield energy names on

the view that oil prices would stay within a range of $45 to $60

a barrel.

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