Janus Henderson's Maroutsos Sees a Reckoning Coming in Corporate Credit

The video discusses the impact of excess debt on the corporate credit market, highlighting the challenges in the high yield market due to liquidity stress and the potential increase in fallen angels. Experts suggest a cautious approach to risk, focusing on global assets and short-duration investments to maintain a solid yield without altering risk profiles. The discussion emphasizes the importance of understanding market dynamics and the potential for good investments despite current volatility.

What are the potential effects of a growing number of fallen angels on the corporate credit market?

How does the current liquidity situation in the credit markets affect investors?

What challenges do high yield bonds present compared to traditional bonds?

What factors should investors consider when navigating the current credit market volatility?

In what ways can global assets provide opportunities in the current market environment?