Credit Spread Dispersion Between Cyclical and Non-Cyclical Industries Reveals Opportunities
September 07, 2020 at 10:00 AM EDT
By Komson Silapachai and David Luria, Sage Advisory As summer draws to a close, the U.S. economy continues to stage a dramatic recovery. While equities have responded by powering through all-time highs, corporate credit spreads flatlined in August. The level of spreads tells only one part of the...