Opportunities in a new credit cycle
Last year was volatile for fixed income markets. Will 2024 be different? Signs suggest that U.S. monetary policy may have peaked. However, uncertainty over interest rate movements remains. Will they move up, down, or stay flat? In this new market environment, fixed income allocators need novel insights for making informed decisions.
Across the credit spectrum, high yield bonds and leveraged loans currently offer some of the most compelling yields seen in years.
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While debt yields are high in a historic context, investors should keep a strategic eye on structural trends and a tactical eye on credit quality and risk-adjusted returns.
This report covers the outlook for debt markets across key geographies, from the U.S. to developing economies.
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With year-to-date returns of over 12%, European loans have outperformed other credit asset classes, offering a more stable return path.
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Corporate treasurers are key allocators to short-term money-like instruments. This survey reveals their allocation preferences for 2024.
There is a belief in the leveraged finance space that, “If the entire capital structure is secured, then nothing is secured.” Is this true?
For 2024, some investors expect that municipal bonds will be an area of potential opportunity in a world of growing risks.
This research paper looks at the impact of changes in interest rates on real estate debt, a crucial sector for many European economies.