Watch On-Demand: Credit Market Update with Ares Management – Vanishing Yield, Where to Turn?
Even though consumer prices increased 5.4% in July, the Federal Reserve still considers recent inflation to be “transitory.” At the same time, financial markets continue to face headwinds, including the potential for Fed tapering, interest rate volatility, supply chain challenges, uninspiring labor-force participation, and the spreading Delta variant. Given this environment, yields have fluctuated substantially since the beginning of the year.
But what does this mean for private/alternative credit markets? Ares’ Head of Markets, Greg Margolies, recently sat down to discuss the road ahead.