Mitch Garfin

Mitch Garfin, Co-head of Leveraged Finance at BlackRock, brings 30 years of expertise in high yield and leveraged loans. In this discussion, he reveals how his team navigates tariff impact on sectors like autos while finding value in tech and insurance. They delve into the evolution of trading technology, emphasizing electronification and portfolio trading's role in enhancing liquidity. Mitch also shares insights on the post-COVID financial landscape and the complexities of managing credit risks amid ongoing macroeconomic uncertainties.

Mitch Garfin, co-head of leveraged finance at BlackRock and seasoned credit investor, discusses AI-driven disruption risks and market reactions. He highlights sector positioning, underweighting consumer and retail while favoring stable cash-flow names. Data center issuance, refinancing opportunities and how BlackRock assesses AI winners and losers are also covered.

Mitch Garfin, co-head of leveraged finance at BlackRock, shares his insights on the evolving landscape of high-yield bonds and leveraged loans. He discusses the dominance of leveraged loans due to issuer preferences and refinancing activity. Mitch highlights the increasing role of private credit and the complexities of dual tracking deals. With a focus on monetary policy and inflation risks, he forecasts a busy year ahead for refinancing and M&A. Mitch also evaluates risks in data centers and AI's impact on software credits, offering invaluable tips for investors looking to navigate the market.