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CFA Institute Enterprising Investor
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Think We’ve Seen the Last +1,000-BPS High Yield Spread? Think Again
https://blogs.cfainstitute.org/investor/2025/06/02/think-weve-seen-the-last-1000-bps-high-yield-spread-think-again/
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economics
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fixed income
portfolio management
investment topics
drivers of value
history & geopolitics
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Think +1,000-bps high yield spreads are history? Marty Fridson shows why they could still hit that mark in the next recession.
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