3min chapter

Forward Guidance cover image

Duration Remains Unattractive, Says Veteran High Yield Bond Investor

Forward Guidance

CHAPTER

Analysis of Treasury Yield Curve and Credit Spread Curve

A discussion on the current state of the treasury yield curve and credit spread curve, highlighting the preference for absolute yield basis over spreads. They also discuss market risk tolerance and the shift towards a more neutral phase, as well as opportunities in the short-term market and the decrease in commercial paper market activity.

00:00

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