October’s publication summarizes three articles that explore the positives and negatives of investing in high-yielding credit in today’s environment.

• “Are Credit Spreads Pricing Recession?” by Dominic Wilson et al., Goldman Sachs, October 12, 2011
• “Credit Strategy Weekly Update” by Peter Acciavatti et al., J.P. Morgan, September 30, 2011
• “Leveraged Finance Insights – Seniority Over Quality” by Adam Richmond and Jason Ng, Morgan Stanley, September 30, 2011