Credit rallied last month alongside broader markets. High yield rose 2.85% while floating rate senior secured loans gained 1.03%.

Mortgage rates have hit a new high as housing inventory remains depressed. This week’s chart looks at why this could buoy multifamily CRE.

Nick Heilbut is a Managing Director for the FS Global Credit business. He serves as a Portfolio Manager and Director of Research for the FS Credit Opportunities Fund, the FS Specialty Lending Fund and the FS Tactical Opportunities Fund. Previously Mr. Heilbut was a Managing Director at DW Partners where he focused on investments in...

Andrew Beckman is a Managing Director and Head of the FS Global Credit business. He serves as the Portfolio Manager for the FS Credit Opportunities Fund, FS Tactical Opportunities fund and FS Specialty Lending Fund. Previously, Mr. Beckman was a Partner and Head of Corporate Credit and Special Situations at DW Partners, a $3 billion...