About 10 high-yield deals totaling $1.45 billion are expected to arrive this week.

It's just overwhelming," Fred Cavanaugh, vice president and portfolio manager of John Hancock's Strategic Income Fund, said yesterday.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.