Market Review and Outlook 1Q24 - Investment Grade
Rates moved higher across fixed income markets as inflation fears resurfaced and economic growth remained strong. Investors began to discount the number of cuts the Federal Reserve would be able to achieve this year, halving earlier expectations.
Market Review and Outlook 1Q24 - Leveraged Finance
A welcome surge in investor demand propelled 1Q returns.
High Yield Spread Widening: Waiting for Godot
Given high yield’s heightened quality and strong yields, waiting for spreads to widen may cause investors to miss out.