Not your father's LevFin market: the evolution of high yield bonds, loans and private credit episode artwork

EPISODE · Jul 11, 2024 · 19 MIN

Not your father's LevFin market: the evolution of high yield bonds, loans and private credit

from The Navigator

Not too long ago, high-yield bonds were commonly called "junk" bonds. But the asset class has matured, and it’s no longer your father’s leveraged finance market says Tim Leary, Senior Portfolio Manager on the BlueBay U.S. Fixed Income Team. Tim joins Jason Pasquinelli, Head of Client Solutions at RBC GAM, on this episode of The Navigator to discuss the evolution of high yield bonds, loans and private credit, and how these competing elements of the leveraged credit market have led to misconceptions for investors. They also address the current state of the market, where we are finding opportunities, and the potential for volatility driven by the upcoming U.S. elections.

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Not your father's LevFin market: the evolution of high yield bonds, loans and private credit

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