Reach for Yield Is Back in Vogue, PGIM's Collins Says

The transcript discusses recent trends in the credit market, highlighting the strong performance of high yield bonds compared to investment grade bonds. It explores the global demand for income, driven by low interest rates in regions like Japan and Europe. The discussion also covers opportunities in floating rate issuances and the impact of market dynamics on risk management. The role of the Federal Reserve and the potential for building balanced portfolios are also examined.

Discuss the significance of yield targets in the context of emerging markets.

What challenges do investors face in the current credit market environment?