Surveillance: Big Bank Earnings Kick Off
Bloomberg Surveillance
00:00
Are We Clipping Coupons? Or Are We Going for Total Return?
High yield spreads have come down to about 420. The whites a year ago, the whites back in the summer were 583. So we've tightened a tremendous amount at a time when people are trying to figure out if we're going into recession or not. Lindsey: What do you like in that lower quality cohort of US corporations?
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