Whats Next in the Hunt for Yield in Credit?
One decade after the global financial crisis and the unprecedented intervention by monetary authorities, the hunt for yield is a feverish demand. As the new Federal Reserve Chairman Jerome Powell continues hiking rates consistently and gradually in response to a growing economy, where are investors seeking returns and minimizing risks across the full spectrum of investment? How should we position investments, given the flattening of the yield curve? Does the world have too much debt? And how can we create structured finance with attractive risk-reward?