Gabby White

Leveraged credit markets ended 2023 on a high note. The rally extended into 2024, however, at a more subdued pace. High yield bond and leveraged loan markets tightened in the face of increasing U.S. Treasury yields and continued domestic and geopolitical angst.

Putting aside the elusive “right time to invest” in favor of a long-term approach

Leveraged credit markets ended 2023 on a high note. The recent rally among risky assets, including high yield bonds and leveraged loans, erased some of the memories of what was a tumultuous year.