CR CRED iShares Core U.S. Credit Bond ETF Loading... : Bullish and Bearish Analyst Opinions

Cecchini explicitly said, "We are seeing some widening in areas of structured credit that are very interesting," citing single-asset, single-borrower CMBS as presenting opportunities. Market chaos and dispersion are creating dislocations to intrinsic value. Structured credit continues to trade at a spread advantage to corporate high-yield. Current widening presents fertile, fundamental investment opportunities in structured credit, particularly in specific niches like single-borrower CMBS. A broader credit market downturn overwhelms the relative value advantage and leads to correlated spread widening.