Värde Views: Unprecedented Government Intervention Will Not Prevent Historic Wave of Defaults

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May 18, 2020

Värde Partners today shares a discussion with Partners and Deputy Chief Investment Officers Brad Bauer and Giuseppe Naglieri on the impact of government intervention to date and why they believe these actions, while necessary, have limitations in their collective ability to prevent a wave of defaults as the credit cycle plays out.

With global corporate credit markets having more than doubled since 2008, they reflect on why a large default cycle will likely take distressed credit to its highest absolute level in history.

Download Värde Views here.