Credit | Market Insight
April 26, 2024
What Does a “Higher for Longer” Rate Environment Mean for Credit Markets?
Recent comments from the US Federal Reserve chairman Jay Powell and stronger-than-expected economic data are bringing financial markets around to a view that we at Apollo have been voicing since last year: It’s likely that interest rates will remain elevated for the foreseeable future.
In this paper, we discuss what a “higher for longer” interest rate scenario might mean for public and private credit markets.
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