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CAPITAL ALLOCATORS Assertion Supported
The $1.2 Trillion High-Yield Bond Market Is Five Times Levered
“What you have is a massive market, about 1.2 trillion of bonds in the high yield market, half of which Are double B and half of which are below double B. That is weak. It's five times levered. And you have a market that's very vulnerable.”
Peter Troob Jul 2, 2018 ▶ 17:51 Peter Troob – Monkey Business in High Yield (Capital Allocators, EP.59)
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