U.S. High Yield: What’s Priced In?

As the Federal Reserve's "hawkish pause" dominates headlines, investors are left wondering when the long-anticipated recession will be coming. During this week’s episode of the Basis Points podcast, Kevin Flanagan is joined by Head of Credit Strategy, Sri Sankaran of Morgan Stanley to discuss the current dynamics in the high yield bond, credit default and leverage loan markets.

Basis Point: 1/100th of a percent.