The Safety Trades for 2018 as Rates, Leverage Rise

The video discusses the current state of the investment grade and high yield markets, highlighting the widening of investment grade spreads and the robust performance of high yield. It examines the impact of overseas investors, M&A activities, and leverage on these markets. The discussion also covers the implications of credit quality, economic conditions, and potential recession scenarios. Investment strategies are explored, emphasizing the value of loans and the risks associated with different credit qualities.

What does the current market environment suggest about the future of high yield investments?

How do M&A activities impact the investment grade market?

What strategies should investors consider in a potentially recessionary environment?