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NEW YORK, May 13, 2021 (GLOBE NEWSWIRE) Guggenheim Investments, the global asset management and investment advisory business of Guggenheim Partners, today provided its Second Quarter 2021 High-Yield and Bank Loan Outlook. Titled In the Recovery Phase of the Credit Cycle, the report explains why fundamental conditions support positioning long in credit-sensitive fixed-income assets despite tight spreads.
Among the highlights in the 16-page report:
Looking ahead, we believe that the length of the recovery phase and the expansion phase of this credit cycle will depend on the discipline of borrowers and investors, as well as other factors including interest rates, economic growth, government policy, and external shocks.
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