Performing Credit Quarterly 2Q2023: Fighting The Fed
The Insight by Oaktree Capital
00:00
The Risks and Opportunities of the Easy Money Era
As elevated interest rates make their way through the global financial system, the asset bubbles created during the easy money era could deflate painfully. Private equity-owned companies with unhedged floating rate debt may face increasing stress. We believe we've shifted into a higher interest rate regime and that investment returns in the coming years will be closely correlated to prudence investors displayed in theEasy Money Era.
Transcript
Play full episode
