Indices of high-yield bonds and speculative-grade loans are showing growing investor confidence. While corporate defaults rose modestly in 2023, there is a general sense that many investment portfolios are in a good place.
Goldman Sachs’ head of global credit and acquisition finance, Christina Minnis, has referred to a rebirth in demand for riskier company debt as the cost of capital reverts to more acceptable levels.
The evidence backs this up.
Thanks for your interest in Euromoney!
To unlock this article:
