Interview with Howard Marks: Masters in Business (Audio)
Masters in Business
00:00
Are We in a High Yield Bubble?
Howard Marks: High yield market rates are as low as they've been since 2014. He says central banks have pulled the interest rates so low that yields on all fixed income instruments are calibrated relative to each other. But he gives Geithner, Bernanke and Paulson an A plus for their handling of the crisis.
Play episode from 16:30
Transcript
