Sector Views

Our Sector Views include investor commentary that explores past performance, future outlook and investment implications for various market sectors.


 


July 19, 2023 | High-Yield and Bank Loan Outlook

Capital Rationing in Leveraged Credit

Appealing yields and cautious markets.


May 16, 2023

Second Quarter 2023 Fixed-Income Sector Views

Opportunity in fixed income rises with uncertainty.


April 18, 2023 | High-Yield and Bank Loan Outlook

The Pre-Recession Playbook for Up in Quality

An opportunity for active management.


February 22, 2023

First Quarter 2023 Fixed-Income Sector Views

Valuations have reset after a volatile year.


January 20, 2023 | High-Yield and Bank Loan Outlook

2023 Credit Outlook and Lessons Learned from a Tough Year

Move up in quality ahead of any recession-driven market volatility.


November 21, 2022 | High-Yield and Bank Loan Outlook

A Strong Credit Market Shapes the Default Outlook

The stress in this credit cycle is driven by unforgiving high interest rates.


November 10, 2022

Fourth Quarter 2022 Fixed-Income Sector Views

Market and value updates by sector.


August 24, 2022 | High-Yield and Bank Loan Outlook

Credit Yields Look Attractive Despite Rising Recession Risks

Signposts for credit investors as the next recession approaches.


August 02, 2022

Third Quarter 2022 Fixed-Income Sector Views

Relative value and performance drivers across fixed-income sectors.


May 24, 2022 | High-Yield and Bank Loan Outlook

Despite the Gray Mood, Skies Are Only Partly Cloudy

The outlook for credit amid rising inflation, monetary tightening, and war in Europe.