city
yellow
Relative Value in Securitized Credit – April 2022
Posted: Tuesday, April 12, 2022

The combination of higher Treasury rates and wider credit spreads has led to higher all-in yields across the capital structure, which represent more-attractive levels today relative to even just a few months ago. At the top of the capital structure, yields are in the range of mid-3% to mid-4%. The mezzanine portion of the capital structure is pricing yields in the mid- to high single digits. Relative to history, senior-rated bonds are trading at some of the highest yield levels in nearly five years.

Read the PDF

logo

DoubleLine

2002 N. Tampa St.
Suite 200
Tampa
FL 33602

813.791.7333

 

This is a Test!

DoubleLine is testing our emergency back-up plan. If this were a real emergency, DoubleLine would be posting news, updates, contact information, webcast or conference call information here to keep our clients updated on the situation. To contact DoubleLine, please click here.

×
 

Thank you for your request(s). You will receive slides after the webcast has started. Replay and Recap notifications will take several days following the compliance review.

×
 

    Please fill in your information below in order to open this article in your browser.

    I am an Institutional Investor [recaptcha]