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Corporate Distress Spreads; Energy Junk Is a Haven

Corporate Distress Spreads; Energy Junk Is a Haven

FromThe Credit Edge by Bloomberg Intelligence


Corporate Distress Spreads; Energy Junk Is a Haven

FromThe Credit Edge by Bloomberg Intelligence

ratings:
Length:
23 minutes
Released:
Mar 30, 2023
Format:
Podcast episode

Description

The banking crisis has made it harder and more expensive to borrow, tipping some of the riskiest companies into distress. In this episode of the Credit Edge Podcast, Eliza Ronalds-Hannon, who covers credit markets for Bloomberg News in Atlanta, looks at the biggest losers and winners — including Saba Capital Management’s Boaz Weinstein. Bloomberg News senior editor James Crombie also asks Bloomberg Intelligence analyst Spencer Cutter about opportunities in the energy sector. Oil companies that survived prior crises are in good shape to weather the next storm, offering a safe haven. Cutter also weighs the credit impact of Warren Buffett increasing his stake in Occidental Petroleum, a big part of many debt portfolios.See omnystudio.com/listener for privacy information.
Released:
Mar 30, 2023
Format:
Podcast episode

Titles in the series (68)

The Credit Edge reviews the top credit news of the week and looks at the week ahead, with in-depth research of the most important corporate sectors, trends and themes. Analysis of specific corporate bonds and credit default swaps is backed by Bloomberg Intelligence's robust data sets and indexes.