Navigating Turbulent Credit Markets

This chapter examines the evolving landscape of credit markets in the wake of significant turbulence, particularly focusing on high yield spreads and the impact of macroeconomic policies. It contrasts the relative stability of investment-grade credits with the volatility experienced in high-yield segments, emphasizing industry-specific reactions to external pressures like trade tariffs. Additionally, the chapter highlights the growth of private credit markets as companies seek alternatives to traditional financing amidst ongoing economic uncertainties.