8min chapter

The Memo by Howard Marks cover image

The Insight: Conversations – Credit Picker’s Market with Wayne Dahl, Robert O’Leary, and Mark Jacobs

The Memo by Howard Marks

CHAPTER

High Yield Bonds in a Volatile Interest Rate Environment

This chapter discusses the performance of high yield bonds in a volatile interest rate environment, highlighting their positive returns and outperformance of treasury securities. It explains the benefits of investing in high yield bonds to offset the impact of rising interest rates and examines the current positioning of credit investors in 2023.

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