High Yield Credit Sales/Trading in Canada

What does the high yield credit market look like in Canada? Where can I get some resources on this?

Does anyone have experience working on a HY desk at a big 5? How different is the work compared to the US?

For reference, I'm an incoming S&T summer analyst at one of the big 5 banks. Any advice on how to navigate a Bay st. trading floor would be appreciated.

Thanks!

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Comments (7)

Apr 11, 2021 - 8:53pm

I'm pretty sure some of the big 5 have desks (mine does for sure), and I have a (slim) chance of landing on one. Just wanted to get some colour on the HY situation in Toronto. Pretty sure IG credit is another desk.

Apr 12, 2021 - 1:40pm

I don't think there is much of a dedicated HY market in CAD. I would guess those bonds are traded off IG desks

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