Despite higher financing costs, less than accommodative monetary policies, and an unpredictable economic outlook, the credit market has held steadfast in 2023 in the face of unfavorable market headwinds. Bond issuance is on pace to increase throughout 2024; tightening spreads and a flattening yield curve, all indicate more favorable conditions ahead. Can credit investors finally catch their breath since the successive rate hikes? In anticipation of potential rate cuts, what is in store for the credit market? As a result, how might this impact other asset classes across ECM, M&A, and structured finance?
Moderator
Will Caiger-Smith
Vice President, Content, 9fin
Speakers
Ashley Baum
Managing Director, Head of Special Opportunities, Texas Teachers
Michael Buchanan
Co-Chief Investment Officer, Western Asset
Lee Kruter
Partner and Head of Performing Credit, GoldenTree Asset Management LP
Michael Patterson
Governing Partner, HPS Investment Partners
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