We're Going Back Into High-Yield Debt, Says Legal and General's Roe

The video discusses the performance of high yield debt, noting its recent correction and attractiveness compared to other credit classes. It highlights the impact of liquidity on investment strategies and the potential risks associated with leveraged loans. The discussion also covers expected default rates and market outlook for 2019, emphasizing the importance of understanding market dynamics and risk management.

What is the significance of the economic cycle on the performance of emerging market debt?

What default rates are expected in the high yield space for 2019?