How Healthy Is High Yield?
The risk of corporate defaults is low, and compared with years past, companies are finding optimal capital structures, says BlackRock's James Keenan.
Eric Jacobson: Hi. I'm Eric Jacobson with Morningstar. We're here today at the Morningstar conference with Jim Keenan of BlackRock. Jim manages BlackRock's high-yield and leveraged loan business, and I just want to say thanks a lot, Jim, for joining us. Appreciate it.
James Keenan: Thanks. Good to see you.
Eric Jacobson does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.