High yield had a great 2023 in both US and Europe, due to a strong 4Q rally in rates and spreads. In Europe, the index default rate stands at 0.8% and the proportion of stressed and distressed bonds is under control, while it's higher in the US. Will 1Q sustain the 4Q gains, and will we see defaults pick up? Listen to Mahesh Bhimalingam, Bloomberg Intelligence's Chief European Credit Strategist, discuss the results of the 1Q24 High Yield Survey and comment on the market outlook and trends in a Q&A format with George Flynn, Head of Credit at Wisealpha Technologies.

They discuss our 1Q24 investor survey publication, covering investor positioning, sentiment, key return drivers, default and supply forecasts and relative-value opinions by geography, rating and sector in detail.