In late 2015, investors’ attention zeroed-in on US high yield markets as sentiment soured in connection with price drops in oil and commodities. However, as we look beyond the news headlines and high yield market performance, we see a different picture for investors. In particular, we believe the higher quality spectrum within US high yield bonds represents a strong opportunity. Jeffrey Clarke, Research Analyst on Lazard’s US High Yield team evaluates the basic risks of seeking yield, the normalization of US interest rates, and the current conditions for US high yield.

Featured Speaker

Jeffrey J. Clarke, CFA

Senior Vice President, Portfolio Manager/Analyst

Jeffrey Clarke is a Portfolio Manager/Analyst on the US Fixed Income team. Jeff primarily focuses on investment opportunities in the US Taxable markets, specializing in US Corporate High Yield credits. He began working in the investment field in 1999. Prior to joining Lazard in 2002, Jeffrey was a High Yield Research Analyst and Funds Administrator with OFFITBANK, and was also previously with the Bank of New York. He has an MBA from New York University and a BA in Business Administration from Hofstra University. Jeff is a CFA® charterholder as well as a member of the CFA Institute and the New York Society of Security Analysts (NYSSA).