We look back at 2007 and 1997 for the last round of credit cycle peaks with HY OAS below 300 bps and seek any parallels to 2024.
HY OAS Lows Memory Lane: 2024, 2007, and 1997
We look back at 2007 and 1997 for the last round of credit cycle peaks with HY OAS below 300 bps and seek any parallels to 2024.