Kelly Burton sheds light on the technical and fundamental picture for high yield bonds today as investors grapple with an increasingly noisy macroeconomic and political backdrop.

Episode Segments:

02:30 – Kelly’s background and role at Barings

05:18 – What market technicals are telling us about high yield

09:26 – Assessing issuer fundamentals against a noisy macro backdrop

15:32 – Liability management exercises and where defaults could go in a recession scenario

20:14 – How high yield may fare in a slower economic environment

25:49 – How to think about the maturity wall

27:35 – Why credit spreads don’t tell the full story

30:04 – Senior secured bonds: what they are and why Kelly & team like them

38:25 – What the U.S. election could mean for high yield

42:54 – Final thoughts

IMPORTANT INFORMATION

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