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.
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HY OAS Lows Memory Lane: 2024, 2007, and 1997
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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.