Is Credit Too Tight On Low Defaults and Rate Cuts?: Credit Crunch
Credit markets had a strong six months of rally, particularly in spreads, although not necessarily in yields. Are credit spreads too tight, and is that supported by low defaults? Is that rally justified on expected rate cuts? In this episode of our Credit Crunch podcast, host Mahesh Bhimalingam, Chief European Credit Strategist at Bloomberg Intelligence, and Marina Cohen, Head of European High Yield at Amundi Asset Management, discuss the situation in credit and the specific challenges of portfolio management after a six-month rally.
They discuss relative value across junk, high grade and…
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