Colleen is the Head of Global Taxable Credit Research at Vanguard, a community of 30 million who think—and feel—differently about investing. She has experience in credit analysis, high yield bonds, leveraged loans, CLOs, and mutual funds.
The biggest driver is the impact of the leveraged loan and private credit market which has seen a lot of volume.
(Bloomberg) -- From New York to London, a key part of the credit market is shrinking. Most Read from BloombergUS-Saudi Oil Pact Breaking Down as Russia Grabs Upper HandUS Arrests 21-Year-Old National Guardsman in Classified Documents LeakPBS Joins NPR in Quitting Twitter Over State-Backed LabelArnault's Wealth Soars to $210 Billion, Leaving Musk in the DustJPMorgan Calls Managing Directors to Office Five Days a WeekThe amount of US junk bonds fell 11% from its peak in October 2021 to $1.41 trill