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Performing Credit Quarterly 1Q2023: Flight Risk

The Insight by Oaktree Capital

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Introduction

In the prior edition of the performing credit quarterly, we cautioned investors to be careful what they wished for. We know that when an era of easy money comes to an abrupt end, simmering risks typically erupt. The collapse of SVB on March 10 caused this volatility to reach new heights. This may benefit bargain hunters who are both skilled and disciplined.

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