NYAIR Episode 72 –Current Trends in the Credit Market & Their Broader Implications
Financing conditions have been favorable across all asset classes throughout 2021, with issuance totals remaining solid as well. Investors’ hunt for yield continues to push speculative-grade bond, leveraged loan and collateralized obligation totals to multiyear and, in some cases, record-breaking totals in 2021. Yet, uncertainties remain as cases of the delta variant rise and geopolitical…