2min chapter

Center For Investment Excellence cover image

A New Perspective for Credit Investors

Center For Investment Excellence

CHAPTER

Evolution and Resilience of the High Yield Market

This chapter explores the growth and maturation of the high yield market, focusing on the rise in the size and quality of companies within this sector. It further discusses the transition of high yield from a financing tool for leveraged buyouts to a sophisticated asset class, considering the influence of private credit and the competition with investment-grade firms.

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