Today in News History

On June 17, several notable moments in the history of News stand out. In 1863, American Civil War: Battle of Aldie in the Gettysburg Campaign. In 1903, Ruth Graves Wakefield, American chef, created the chocolate chip cookie (died 1977) was born. In 1933, Union Station massacre: In Kansas City, Missouri, four FBI agents and captured fugitive Frank Nash are gunned down by gangsters attempting to free Nash. In 1933, Harry Browne, American soldier and politician (died 2006) was born. In 1941, Nicholas C. Handy, English chemist and academic (died 2012) was born. In 1951, Starhawk, American author and activist was born. In 1973, Leander Paes, Indian tennis player was born. In 1979, Tyson Apostol, American television personality was born. In 1985, Space Shuttle program: STS-51-G mission: Space Shuttle Discovery launches carrying Sultan bin Salman bin Abdulaziz Al Saud, the first Arab and first Muslim in space, as a payload specialist. In 2013, Atiqul Haque Chowdhury, Bangladeshi playwright and producer (born 1930) passed away. Together, these milestones provide historical context for today's news news and ongoing narratives.

Barings’ High-Yield Playbook in a Warsh-Led Fed Era

Bloomberg

Bloomberg

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June 17, 2026

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lean left

Kelly Burton, High Yield Portfolio Manager at Barings, discussed the current dynamics in the high-yield credit market, emphasizing strong institutional demand for double B and single B rated credits with yields between 6-8. Despite elevated yields expected to persist regardless of Federal Reserve actions, Burton noted a complex macroeconomic environment influenced by inflationary pressures, partly driven by geopolitical tensions such as the Iran conflict and high oil prices. She speaks with Romaine Bostick Katie Greifeld on The Close. (Source: Bloomberg)

Narrative Intelligence Brief

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