1 hr 7 min

High Yield 2Q Investor Survey, Loan vs. Bond View: Credit Crunch FICC Focus

    • Investing

High yield had a great 4Q rally in rates and spreads, which filtered into 1Q gains as defaults stayed low. In Europe, the index default rate stands at 0.95% and the proportion of stressed and distressed bonds has come down, while it's higher in the US. Will 2Q sustain the gains, and why? Listen to Mahesh Bhimalingam, Bloomberg Intelligence's Chief European Credit Strategist, discuss the results of the 2Q24 High Yield Survey with Fiona Hagdrup, Head of Leveraged Finance Funds and PM at M&G Investments, along with market outlook and trends in a Q&A format.

They discuss our 2Q investor survey publication, covering investor positioning, sentiment, key return drivers, default and supply forecasts and relative-value opinions by geography, rating and sector in detail. They also discuss how leveraged loan prospects compare with junk.

High yield had a great 4Q rally in rates and spreads, which filtered into 1Q gains as defaults stayed low. In Europe, the index default rate stands at 0.95% and the proportion of stressed and distressed bonds has come down, while it's higher in the US. Will 2Q sustain the gains, and why? Listen to Mahesh Bhimalingam, Bloomberg Intelligence's Chief European Credit Strategist, discuss the results of the 2Q24 High Yield Survey with Fiona Hagdrup, Head of Leveraged Finance Funds and PM at M&G Investments, along with market outlook and trends in a Q&A format.

They discuss our 2Q investor survey publication, covering investor positioning, sentiment, key return drivers, default and supply forecasts and relative-value opinions by geography, rating and sector in detail. They also discuss how leveraged loan prospects compare with junk.

1 hr 7 min