High Yield Bonds: Assessing the Landscape Today

Kelly Burton sheds light on the technical and fundamental picture for high yield bonds today as investors grapple with an increasingly noisy macroeconomic and political backdrop.

Episode Segments:

02:30 – Kelly’s background and role at Barings

05:18 – What market technicals are telling us about high yield

09:26 – Assessing issuer fundamentals against a noisy macro backdrop

15:32 – Liability management exercises and where defaults could go in a recession scenario

20:14 – How high yield may fare in a slower economic environment

25:49 – How to think about the maturity wall

27:35 – Why credit spreads don’t tell the full story

30:04 – Senior secured bonds: what they are and why Kelly & team like them

38:25 – What the U.S. election could mean for high yield

42:54 – Final thoughts

IMPORTANT INFORMATION

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