Why Structured Credit Is Attracting Investors

The video discusses the attractiveness of structured credit markets, especially in the absence of a recession in the next 6 to 12 months. It highlights the low pricing due to technical factors and forced selling, presenting opportunities for investors. The discussion includes the impact of liquidity on pricing and the role of Wall Street dealer desks. The video also covers the risks associated with Valiant and the importance of selecting the right tranches for investment.

What are the characteristics of mezzanine tranches that the speaker prefers?

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What does the speaker suggest about the recovery value in case of default?

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