高盛：全球信贷交易商_分散回归
高盛证券·2024-10-15 08:49
10 October 2024 | 10:53PM EDT Global Credit Trader Dispersion reversion Dispersion: Not just a CCC story n Dispersion in the USD HY market has started to show convincing signs of a decline for the first time since 2022. n While most of the compression has been driven by a rally in CCCs and Wirelines and Cable & Satellite, the B bucket has also become less disperse. n We expect full normalization of dispersion in the B bucket but a slower recovery in the CCC bucket. Why we favor leveraged loans even as the F ...