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Posts tagged ‘high yield’

Themes in Credit and a Feeling of Deja Vu



As my second session of the day ended at the Milken Global Conference, I was struck by both the great insights that I’d heard and by a certain feeling of deja vu. This panel discussion, led by Michael Milken himself, was titled “Credit Markets: What’s Next.” With panelists from some of the…

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Will the Market Be Cuckoo for CoCos? That’s Contingent Convertibles.



Remember the commercials featuring Sonny the Cuckoo Bird going absolutely nuts and repeating the phrase, “I’m cuckoo for Cocoa Puffs!” after eating a spoonful of the chocolaty goodness? In some sense, that’s been investors’ behavior for any investment offering yield in today’s…

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