Euro leveraged credit in 2023: Attractive yields should outweigh growing concerns
Barring a deep, prolonged recession, we expect leveraged borrowers to successfully navigate the late cycle backdrop given relatively healthy fundamentals.
Barring a deep, prolonged recession, we expect leveraged borrowers to successfully navigate the late cycle backdrop given relatively healthy fundamentals.
As we enter the new year, attention is shifting from inflation to the economy and the effects of tighter Federal Reserve policy.
Eyes remain firmly on the Federal Reserve, which has engineered a landscape of materially higher real and nominal rates.
Barring a deep, prolonged recession, we expect leveraged borrowers to successfully navigate the late cycle backdrop given relatively healthy fundamentals.
Highlights from the week of January 20 – January 26, 2023
Barring a deep, prolonged recession, we expect leveraged borrowers to successfully navigate the late cycle backdrop given relatively healthy fundamentals.
Are bond investors right about US rate cuts, or will the Fed hold rates steady following the end of the hiking cycle? Watch the labor market.
A mortgage lending portfolio focused on positive social and environmental impact can help investors achieve impact goals while securing an attractive income stream.
As we enter the new year, attention is shifting from inflation to the economy and the effects of tighter Federal Reserve policy.
Changing the risk-based capital framework is likely to increase charges on BBB, BB and B rated tranches of collateralized loan obligations (CLOs).
In our view, valuations appear reasonable and private equity remains a compelling way for insurers to gain exposure to alternatives.
Market-to-book ratios are at historical lows for many stable value portfolios, but this rate-driven move isn’t cause for concern. These products are designed to ensure a stable return and income in volatile rate environments while replenishing market-to-book ratios over time.
Eyes remain firmly on the Federal Reserve, which has engineered a landscape of materially higher real and nominal rates.