---
title: U.S. High-Yield Bond Funds Draw Cash as Recession Fears Ebb
description: Tom Samuelson, Vineyard Global Advisors CIO, explains to Reuters that the firm is maintaining its underweight position on high-yield bonds.
image: https://blog.vineyardglobaladvisors.com/hubfs/ft-img-us-high-yield-bonds.jpg
---

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 1 min read

# U.S. High-Yield Bond Funds Draw Cash as Recession Fears Ebb

 Written by [VGA Investment Team](https://blog.vineyardglobaladvisors.com/blog/author/vga-investment-team)

 Aug 12, 2022 11:24:53 AM

#  ![Tom-1](https://blog.vineyardglobaladvisors.com/hs-fs/hubfs/Tom-1.jpg?width=354&height=354&name=Tom-1.jpg)

# U.S. High-Yield Bond Funds Draw Cash as Recession Fears Ebb 

Vineyard Global Advisors Chief Investment Officer Tom Samuelson explained to Reuters that the firm is maintaining its underweight position on high-yield bonds until we see more evidence that the Fed is closer to the end of its tightening cycle and the risk of a recession subsides. 

In this article, we explore:

-Why fund managers are increasing investments in junk bonds to diversify portfolios.

-Are falling commodity prices a sign of slowing inflation? 

-With U.S. high-yield bond funds receiving an inflow of $4.8 billion in July, is it still too soon to give the “all clear” sign?   
<https://www.reuters.com/markets/us/us-high-yield-bond-funds-draw-cash-recession-fears-ebb-2022-08-11/>

[Read the full article here... ](https://www.reuters.com/markets/us/us-high-yield-bond-funds-draw-cash-recession-fears-ebb-2022-08-11/)

Guest: Tom Samuelson, CIO of Vineyard Global Advisors  
Author:  Patturaja Murugaboopathy

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*Investment advisory services are offered through Integrated Advisors Network, LLC* *(“Integrated), a registered investment advisor. Vineyard Global Advisors is a DBA of Integrated.* 

Investment advisory services are provided through Integrated Advisors Network, LLC (“Integrated”) a registered investment advisor. Registration does not imply a certain level of skill or training. Vineyard Global Advisors, LLC is a practice group of Integrated.

The opinions expressed herein are those of Vineyard Global Advisors and are subject to change without notice. This material is not financial advice or an offer to sell any product. Forward-looking statements cannot be guaranteed. This document may contain certain information that constitutes “forward-looking statements” which can be identified by the use of forward-looking terminology such as “may,” “expect,” “will,” “hope,” “forecast,” “intend,” “target,” “believe,” and/or comparable terminology. No assurance, representation, or warranty is made by any person that any of Vineyard’s assumptions, expectations, objectives, and/or goals will be achieved. Nothing contained in this document may be relied upon as a guarantee, promise, assurance, or representation as to the future. Vineyard Global Advisors is an investment adviser registered with the U.S. Securities and Exchange Commission. Registration does not imply a certain level of skill or training. *Investment advisory services offered through Integrated Advisors Network, LLC (“Integrated), a registered investment advisor. Vineyard Global Advisors is a DBA of Integrated.*

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