Barclays revises forecast for closely watched junk-bond measure after trade war cools - MarketWatch

1. Barclays revised high-yield credit spread forecasts, less bearish outlook. 2. De-escalation of U.S.-China trade talks positively impacts high-yield market. 3. High-yield spreads fell from 461 to 309 basis points, improving market sentiment. 4. HYG posted a 2.6% gain in 2025, outperforming the S&P 500. 5. All-in junk bond yield remains attractive despite uncertainty around tariffs.