Schwab's Jones Says Credit Markets 'all Good Except The Yield'

Kathy Jones, chief fixed-income strategist at Charles Schwab & Co., says high-yield and investment grade bonds will continue to outperform U.S. Treasuries next year. "It's hard to see in this environment that credit won't continue to outperform Treasuries in 2022," Jones said on Bloomberg Television. "The problem here, of course, is the yield."

#bloomberg