Markets, The Fed, And Crypto
Bloomberg Intelligence
00:00
Is the European Credit Market Getting Worse With the Ukraine Crisis?
Dennis O'Mara: I do think when you look at the credit market more more broadly, including in particulary within the high yield market, i mean, with just not seeing a sorof really meaningful sign signs of of cracks. Yess, a fair point, im. Ad in e built up huge y, pretty big erm cash balances. A leverage is actually now below where it was e just prior to the pandemic. So i still think it makes sense, as you've suggested, im to have a bias towards higher yielding because she've got that kind of spread cushion against at higher rates, and it's a shorter duration asset.
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