(Bloomberg) -- After corporate debt investors suffered through the worst-ever start to a year, some of Wall Street’s biggest money managers and strategists say it’s time to start buying.

The extra yield investors demand to own investment-grade corporate bonds has already surpassed the levels seen leading into previous recessions such as in 2007, according to Citigroup. For investors like Pimco and Vanguard that’s at odds with an economy that’s set to grow at 2.4% this year and company earnings that are proving more resilient than analysts had expected.  

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