In early 2016, oil was heading into the $20s and market prognosticators were expecting that we’d see a huge spike in energy and commodity related defaults in 2016 and that would continue into 2017.  The projection was for a 6% …

For those concerned about interest rates rising, turning to the floating rate loan market may seem like it could be a great alternative.  Over the past few weeks, as we have seen the expectation for higher rates firmly take hold …

Post November’s election, we see regulation as an area of potential impact on the high yield market—or more precisely the potential repeal of regulation.   The potential repeal of Obama Care is the headline that is getting the most attention.  We …

While the market seems to be jumping to the conclusion that infrastructure and other government spending and the benefit of lower taxes will drive growth and inflation, taking interest rates higher, we aren’t a believer that we will see dramatic …

If this post-election economic growth scenario that we discussed in our post last week (see “The Election Impact on High Yield: Rates and Regulation, Interest Rates and the Economic Outlook”) were to become a reality, potential inflationary pressures could mean …