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Robotic systems have been widely incorporated into many surgical applications because of their higher precision, greater maneuverability, and potential for improved sensing capabilities compared with manually performed surgical procedures. The pace at which robotic systems have been integrated into ophthalmic surgery, however, has lagged behind that of other surgical fields.
Today, a top-of-mind concern for many investors, especially investment grade credit investors, is the potential for rising rates to erode their fixed income returns. While the crossover sector has a similar risk/return profile as investment grade corporates, it has less than half the correlation to Treasuries: 34% versus 71% for pure investment grade corporate bonds. Crossover bonds can help diversify a bond portfolio amid rising rates.
Many investors seeking yield in the current low interest rate environment are reluctant to take on high risk. Corporate crossover bonds, which straddle the line between the investment grade and high yield bond markets, may offer a solution.
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