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2024 was a strong year for U.S. High Yield and leveraged loans but as we move into 2025, volatility is expected to increase, and valuations will play a critical role. Tim Leary, Senior Portfolio Manager on the BlueBay U.S. Fixed Income team, shares his outlook for credit markets, highlighting risks, opportunities, and why duration and yield dynamics still offer support.
By RBC Global Asset Management (U.S.) Inc.2024 was a strong year for U.S. High Yield and leveraged loans but as we move into 2025, volatility is expected to increase, and valuations will play a critical role. Tim Leary, Senior Portfolio Manager on the BlueBay U.S. Fixed Income team, shares his outlook for credit markets, highlighting risks, opportunities, and why duration and yield dynamics still offer support.