Now that interest rates are much higher (than past 40% of only declining rates everyone is used to),

Mar 15, 2023
Upload Media

Now that interest rates are much higher (than past 40% of only declining rates everyone is used to), maybe it's going to be much more difficult for bonds to be rolled over at higher interest rates levels. - Gundlach

Has a high yield bond ever really matured? Aren't they all just default or refinanced? because there's stable and step function of interest rates and so companies over and over again got the ability to refinance, but they can't refinance now. ... We should probably be worried about TripleC bank loans (lowest tiers of debt) (6 or 8 to 10 or 12 percent).
Update Post

<div>Now that interest rates are much higher (than past 40% of only declining rates everyone is used to), maybe it's going to be much more difficult for bonds to be rolled over at higher interest rates levels. - Gundlach<br></div><div><br></div><div>Has a high yield bond ever really matured? Aren't they all just default or refinanced? because there's stable and step function of interest rates and so companies over and over again got the ability to refinance, but they can't refinance now. ... We should probably be worried about TripleC bank loans (lowest tiers of debt) (6 or 8 to 10 or 12 percent). <br></div>
Now that interest rates are much higher (than past 40% of only declining rates everyone is used to), maybe it's going to be much more difficult for bonds to be rolled over at higher interest rates levels. - Gundlach

Has a high yield bond ever really matured? Aren't they all just default or refinanced? because there's stable and step function of interest rates and so companies over and over again got the ability to refinance, but they can't refinance now. ... We should probably be worried about TripleC bank loans (lowest tiers of debt) (6 or 8 to 10 or 12 percent).

Show Less

Upload Media

Comments