By Senior Portfolio Manager Greg Haendel
The investment grade and high yield credit market started the year with a bang boasting the best January performance since 2009. Despite our longer term concerns within investment grade credit as outlined in our 2019 investment grade corporate credit outlook, we also believed that the market would likely experience a near term bounce given that valuations to start the year were incorporating many of the market overhangs. In today’s podcast we will briefly discuss year-to-date performance drivers followed by our thoughts regarding where we see the investment grade corporate