Bloomberg TV: High Yield Spreads Near Historic Lows
Low levels of high yield spreads have led to impressive issuance as some investors look to lock in funding at current spread levels. Post-global financial crisis, many investors avoided the fixed income markets, but are now being attracted to the market looking for yield, which is at its best level in 15 years. Meghan Robson, BNP Paribas Head of US Credit Strategy and Dominique Toublan, Barclays Head of US Credit Strategy discuss with Sonali Basak how reduced policy uncertainty post-election has led to current spreads, and how future supply may be impacted, on “Bloomberg Markets”. (Source: Bloomberg)