Navigating High-Yield Credit Markets In A High-Tariff World | Oaktree's Wayne Dahl

Описание: Wayne Dahl, managing director and co-portfolio manager of Global Credit at Oaktree Capital Management, joins Monetary Matters to share his views on navigating the world of credit. With spreads low not just in high-yield, but also in bank loans, collateralized loan obligations (CLOs), and private credit, Dahl talks about where value is to be found during an time of high tariffs and high uncertainty. Recorded July 14, 2025.

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Timestamps
00:00 Intro
1:12 Credit Overview in High-Yield
08:38 Collateralized Loan Obligations (CLOs) & Residential Mortgage-Backed Securities (RMBS)
10:40 Private Credit
16:40 The Reach For Yield
24:09 Tariffs
48:40 Interest Rate Risk
52:20 Recession Risk
57:40 Commercial Mortgage-Backed Securities CMBS

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