Q2 2022 High Yield & Bank Loan Outlook: Despite the Gray Mood, Skies Are Only Partly Cloudy—Guggenheim

While the leveraged credit market delivered one of the worst quarterly performances on record, there are reasons to conclude that conditions are not as dire as they seemingly appear. Caution is warranted, but this credit cycle is not yet over and prudent risk-taking in high-yield and bank loan markets may offer rewa...