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28min chapter
Duration Remains Unattractive, Says Veteran High Yield Bond Investor
Forward Guidance
The Impact of Floating Rate Debt on High Yield Companies
The chapter discusses the impact of rising interest rates on high yield companies and their ability to cover their interest costs. It highlights the challenges faced by highly leveraged transactions and predicts lower tolerance for them in the future.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode