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Speeding drivers, their speeds and where they got caught

Speeding drivers, their speeds and where they got caught
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Credit market valuations imply improved fundamentals in 2021

Print The current valuations across credit markets not only imply an improved fundamental situation, but they also point to the potential for higher prices ahead, according to Eaton Vance. Stephen Concannon, co-director of high yield bonds and Andrew Sveen, co-director of floating-rate Loans at Eaton Vance Management said that credit markets might feel like they were starting 2021 in something of a tug-of-war between two competing force as developed markets were in the midst of a significant additional wave of COVID-19 while the rock-bottom interest rates, combined with additional fiscal stimulus and the start of vaccination programs around the world gave financial markets much to be optimistic about.

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