I'm a Bond Guy, We're Always Worried: Ken Monaghan

The video discusses market risks, focusing on credit spreads and their current average levels. It highlights the narrowing gap between loan and bond yields, suggesting loans are attractive investments. The analysis covers high yield bonds, noting past market events and potential future opportunities. Default risks are examined, particularly in energy and mining sectors, with an outlook on economic recovery and potential recessions.

What are the implications of the current levels of triple C issuance mentioned by the speaker?

According to the speaker, what sectors have seen a concentration of defaults, and what is the outlook for these defaults?