Real Asset Debt
U.S. High-Yield Market Observations: Valuations, Real Asset Sectors and the AI Buildout
Video
Dec 12, 2025
In today’s credit markets, potential opportunity comes with complexity. The U.S. high-yield market has rallied to levels not seen in nearly two decades, as valuations stretch, the importance of selectivity and quality has, in our view, never been greater.
In this video, Christopher Janus, co-Portfolio Manager for our fixed income strategies, discusses four observations we see shaping the high-yield market today.
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