The extensively adopted Markit iBoxx USD Liquid Excessive Yield Index is down 9.56% year-to-date, as of July 28. In a vacuum, that’s sufficient for a lot of buyers to gloss…
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Time is ripe to snap up bargains, says debt investor Howard Marks
The time is correct to snap up “bargains” within the monetary markets following the widespread sell-off, in line with Howard Marks, one of many world’s most formidable distressed debt traders.…