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Fixed Income

Climbing High Yield’s Wall of Worry

2018 October - 24 min listen

The global high yield markets face a number of risks. Yet, these markets have continued to scale such a ‘wall of worry’ for the last decade. Should we expect more of the same, or are we nearing a turning point in the cycle? Barings’ Martin Horne weighs in.

A Conversation with Martin Horne, Head of Global High Yield Investments

From covenant-light transactions to trade wars, rising rates to recessions—and Brexit to boot—there is no shortage of apparent risks facing the global high yield markets. Yet, these markets have continued to scale such a ‘wall of worry’ for the last decade. Should we expect more of the same? Or are we nearing a turning point in the cycle? Barings’ Martin Horne weighs in.

  • Martin Horne
    Martin Horne

    Head of Global Public Fixed Income and Head of Global High Yield

  • Martin Horne
    Martin Horne

    Head of Public Fixed Income

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