Higher yields, healthy balance sheets, and the AI spending boom

Investment grade credit offers attractive yields without the concentrated risk seen in equities. Balance sheets remain robust, and yields have recovered from recent lows.

The AI spending boom is a key tailwind, driving demand for hardware and software. This spending is supporting credit quality even as some tech companies take on more debt.

Our team is positioned to capitalize on new opportunities as they arise, thanks to available capital. We'll be monitoring credit spreads for any signs of unwarranted widening.