Charter School Debt Seen as Insulated From Looming Recession.

CHARTER schools; BUSINESS enterprises; UNEMPLOYMENT insurance; ECONOMIC statistics; RECESSIONS; UNEMPLOYMENT statistics; INVESTORS; DEBT

With that in mind, charter school and higher education debt should be near the top of investors' lists for those willing to inch down the credit spectrum, according to portfolio managers. High yield education debt has returned 2.36% in 2023, roughly in line with the broader municipal bond market, which returned 2.43%. according to data compiled by Bloomberg. (Bloomberg) -- With angst about the health of the economy rising, portfolio managers are focusing on sectors that are shielded from a broad market downturn. [Extracted from the article]

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