Why Our Investment Grade Credit Market Outlook Is Lukewarm For 2018 - Seeking Alpha

From a fundamental perspective, we see strong top line earnings, however also stretched balance sheets.

From a technical perspective, we see things as mixed and believe they could worsen in the second half of 2018.

From a valuation perspective, we are at a post crisis spread tight for the market and for the investment credit market in general.

It ended up being a very strong year for investment grade (IG) credit in 2017 from a performance standpoint driven by improved...

Источник: seekingalpha.com