kkr

KKR warns leveraged deals from 2021 and treasuries face pressure as central banks tighten

Global investment firm KKR has warned that central banks globally will start tightening this year, cautioning on long-duration government bonds, over-levered 2021 vintage deals, lower-income consumer exposure, and assets dependent on the old regime of low inflation and low rates. The warning came in its mid-year outlook report 'The Divergence Conundrum'.