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26min chapter
The Rising Risks In The Private Credit Lending Bonanza | Andrzej Skiba
Forward Guidance
The Relationship Between Leverage Loans and High Yield Bonds
This chapter explores the connection between the leverage loan market and the high yield bond market. It discusses the issuance of senior secured bonds in the high yield bond market during times of struggle in the leverage loan space and the impact of private credit on these markets. The chapter also analyzes the current state of the high yield market, default rates, and the outlook for high yield bonds.
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Listen to the best highlights from the podcasts you love and dive into the full episode