By David M. Brown, CFA, Co-Head of Global Investment Grade Fixed Income; and Stephen J. Flaherty, CFA, Director of Research, Global Investment Grade Credit
In this edition of CIO Weekly Perspectives, guest writers David Brown and Stephen Flaherty of our Global Investment Grade Fixed Income team explore the extent and nature of current risks in BBB credits.
Investors have become increasingly concerned about growing credit risk in the investment grade corporate market. A large part of this focus is on the BBB rating category, which now accounts for roughly half of the investment grade credit