FICC Focus

Bloomberg Intelligence
  • 0.0 (0)
  • INVESTING
  • UPDATED WEEKLY
FICC Focus

FICC Focus offers the latest market views on interest rates, corporate bonds, emerging market debt, commodities, and currencies by Bloomberg Intelligence analysts.

  1. 22 HR AGO

    HSBC’s Kettner Is Leaning Into High-Beta Asset Classes: EM Lens

    High-beta asset classes will likely swing on US-centric narratives, but the country’s financial conditions remain supportive despite a less dovish Federal Reserve. Max Kettner, Chief Multi-Asset Strategist at HSBC, joins Bloomberg Intelligence Chief Emerging Markets Credit Strategist Damian Sassower to discuss his investment outlook for 2025, with US equities, high-yield debt and emerging-market credit standing out. Kettner and Sassower touch on trade policy under President-elect Donald Trump, the fiscal challenges facing China, historically tight credit spreads and the continued pursuit of incremental carry. The EM Lens podcast is part of BI’s FICC Focus series.

    26 min

  2. 1 DAY AGO

    Waterfall’s Raghavan on CRE’s Outlook: State of Distressed Debt

    “There is one AAA bond that has taken a loss so far in CMBS. There will be plenty more.” Waterfall Asset Management’s Head of ABS Strategy Keerthi Raghavan didn’t mince words in laying out his view of the office real estate market, one of the few corners of the credit universe offering significant distressed opportunities. Raghavan, speaking with Bloomberg Intelligence’s Noel Hebert and Phil Brendel, examined the widely different segments of the commercial real estate market, his data-centric approach to investing and strategies employed amid distressed situations (5:50). Prior to that, Hebert and Brendel highlighted the risks investors take when the market speculation is high, evidenced by historically tight spreads and a dearth of distressed debt. The podcast concludes with BI’s Negisa Balluku joining the two analysts for a round table discussion covering Ligado Networks, Serta Simmons, Party City, Hertz, Incora, and CommScope(1:25:40).

    1h 50m

  3. 4 DAYS AGO

    PineBridge’s Oh on Favorable Credit Environment: Credit Crunch

    Incoming pro-growth policy, while inflationary in nature, could result in a strong credit environment in the eyes of PineBridge Investments’ Global Head of Credit, Steven Oh. Oh joins Bloomberg Intelligence corporate credit strategists Noel Hebert and Sam Geier on this episode of Credit Crunch to walk through various macroeconomic pathways. The conversation touches on central-bank policy expectations and the geopolitical climate, before diving into portfolio composition, sector exposures and the current default landscape.

    1h 3m

  4. 7 JAN

    No One-Way Dollar View in 2025; Timing Turn Is Tricky: FX Moment

    The path of least resistance continues to be cyclically driven dollar-bullish and euro-dollar-bearish views into early 2025, but that’s a narrative that’s priced in, extended and crowded. Host Audrey Childe-Freeman, Bloomberg Intelligence’s chief G-10 FX strategist, talks to Constantin Bolz, head of G10 FX for UBS’ Chief Investment Office, about what could trigger a turnaround in the euro-dollar fortunes in 2025, with several “known unknown” potential game changers when it comes to how much dollar upside is likely. The two also touch on non-dollar, strong G10 currency convictions, with Bolz favoring the Aussie, the yen and sterling in diversification strategies.

    22 min

  5. 27/12/2024

    Diamond Hill’s Song on Credit Outlook, Landscape: Credit Crunch

    The short end of the curve may be better positioned than longer-dated bonds as the interest rates are likely to stay high for longer, with president-elect Donald Trump’s policies potentially amplifying the challenges of bringing inflation to the 2% target, says Henry Song, portfolio manager for Diamond Hill Capital Management. On the latest episode of Credit Crunch, Song and Bloomberg Intelligence’s Noel Hebert and Sam Geier discuss real positive yields, favorable carry for shorter-dated credit across corporates and securitized products as well as housing-related credit, thinking through portfolio construction and technology in trading. Credit Crunch is part of the FICC Focus podcast series.

    1h 2m

  6. 23/12/2024

    Middle-Market Lending With Marathon’s Lueker: Credit Crunch

    A resilient macroeconomic environment, along with rising M&A activity, have the direct-lending space primed for additional growth in the coming years. Curt Lueker, managing director and head of direct lending at Marathon Asset Management, joins Noel Hebert and Sam Geier of Bloomberg Intelligence on this episode of Credit Crunch to discuss how the firm is capitalizing on its expertise in the core middle-market sector. The conversation dives into the firm’s recent partnership with Webster Bank, the investment committee process, secondary markets, central bank policy and much more.

    59 min

  7. 19/12/2024

    Market Outlook Post December FOMC With Ben Emons: Macro Matters

    Markets are front-loading the effect of potential Trump policy changes in 2025, which will keep volatility elevated says Ben Emons, founder and outsourced chief investment officer of Fed Watch Advisors. Emons is joined by Bloomberg Intelligence’s Ira Jersey, chief US rate strategist, and Will Hoffman, senior US and Canada rates strategy associate, to discuss the outcome of the December FOMC meeting and the implications for markets in the year ahead. They discuss moves across domestic markets, including curve behavior and drivers in Treasuries, as well as the potential for additional volatility across global markets in 2025. The trio also hits on cross-currency hedging costs and direction, as well as technical adjustments to Fed policy, as it attempts to alleviate some stress in funding markets.

    26 min

  8. 18/12/2024

    How Big Banks See 2025’s Muni Outlook: Masters of the Muniverse

    A new administration and the specter of inflation are among the levers for municipal bonds moving into next year. On this month’s Masters of the Muniverse, Eric Kazatsky and co-host Karen Altamirano are joined by three bank strategists with differing takes on the municipal landscape for 2025.Peter Degroot, head of municipal research and strategy at JPMorgan; Vikram Rai, who leads municipal-markets strategy at Wells Fargo; and Mikhail Foux, chief of municipal research at Barclays reflect on this year’s muni performance and discuss their calls for the year ahead.

    1h 2m
See All (357)

About

FICC Focus offers the latest market views on interest rates, corporate bonds, emerging market debt, commodities, and currencies by Bloomberg Intelligence analysts.

Information

  • Creator
    Bloomberg Intelligence
  • Years Active
    2021 - 2025
  • Episodes
    357
  • Copyright
    © 628159

You Might Also Like

To listen to explicit episodes, sign in.

Stay up to date with this show

Sign in or sign up to follow shows, save episodes and get the latest updates.
Select a country or region

Africa, Middle East, and India

Asia Pacific

Europe

Latin America and the Caribbean

The United States and Canada