In case you missed it, listen to Voya's Chief Investment Officer of Fixed Income Matt Toms, CFA to understand how our view of risk in the corporate bond space has evolved and how investors should think about risk going forward across fixed income markets.
Bad news sells newspapers. The usual suspects do not elicit surprise. Events like natural disasters and political scandals routinely appear “above the fold” in an appeal to readers’ negativity bias. In recent headlines, however, a more unlikely villain has emerged: growing leverage on corporate balance sheets.