
Brian Pacheco
Global High Yield Portfolio Manager
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Apr 24, 2024 • 36min
High Yield Bonds & Loans: Adapting to Changing Markets
Global High Yield Portfolio Manager, Brian Pacheco, discusses the macro backdrop for high yield bonds and why the Barings team is currently bullish on loans. They contrast the return profile of loans with higher duration assets and discuss valuation perspectives. The impact of higher rates on defaults, Liability Management Exercises, and the value of high yield bonds are also covered.