Apollo's Zelter Says High-Yield Nearing 10% an 'Attractive Number'

The video discusses the current state of credit markets, highlighting opportunities in both public and private sectors. It examines the attractiveness of high yields and the impact of rapid interest rate changes. The speaker anticipates a default cycle due to economic slowdowns, comparing it to past cycles. The discussion emphasizes the need for strategic investment and patience in navigating these market conditions.

What are the current trends in yields for public credit markets?

What opportunities exist in the private markets according to the text?

How has the rate rise in the US and globally changed over the past six months?

What factors contribute to the expectation of a default cycle in the economy?

How do current interest costs compare to previous levels?