Concerns about economic weakness and credit turmoil

February 29th, 2008|by Michael Ashley Schulman, Perspectives, The Big Picture|

Concerns about economic weakness and turmoil in the credit markets are likely to weigh on high yield and convertible bond closed-end funds (CEFs) over the next several months. Since late-2007 dislocations in the credit markets have contributed to tighter financial conditions which may push the US economy into recession. Similarly, credit strategists believe we have […]