Value of High Yield

As we approach the end of 2024 and begin to focus on 2025, we believe the opportunity set in high yield remains robust despite relatively muted high-level market metrics. Our note offers an overview of current market composition and highlights the opportunity to extract value through differing ways of measuring spread/yield as well as identifying dispersion... Click here to read the full newsletter.

- Jason Horowitz, Managing Director, Head of U.S. High Yield Bond Investments