Barings’ High-Yield Playbook in a Warsh-Led Fed Era

Kelly Burton, High Yield Portfolio Manager at Barings, discussed the current dynamics in the high-yield credit market, emphasizing strong institutional demand for double B and single B rated credits with yields between 6-8%.

Despite elevated yields expected to persist regardless of Federal Reserve actions, Burton noted a complex macroeconomic environment influenced by inflationary pressures, partly driven by geopolitical tensions such as the Iran conflict and high oil prices.

She speaks with Romaine Bostick & Katie Greifeld on "The Close. " (Source: Bloomberg)